Hilton Worldwide (NYSE:HLT) Price Target Raised to $312.00

Hilton Worldwide (NYSE:HLT) had its price objective hoisted by Truist Financial from $307.00 to $312.00 in a research report released on Wednesday morning,Benzinga reports. Truist Financial currently has a hold rating on the stock.

A number of other research analysts have also recently weighed in on the company. Sanford C. Bernstein lifted their target price on Hilton Worldwide from $304.00 to $322.00 in a report on Wednesday, February 25th. Raymond James Financial lifted their target price on Hilton Worldwide from $300.00 to $355.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Bank of America lifted their target price on Hilton Worldwide from $324.00 to $375.00 in a report on Monday, April 27th. The Goldman Sachs Group lifted their target price on Hilton Worldwide from $354.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $339.00 target price on shares of Hilton Worldwide in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $348.59.

Hilton Worldwide Stock Down 1.8%

Shares of HLT stock traded down $5.74 during mid-day trading on Wednesday, hitting $318.33. 1,732,862 shares of the company’s stock were exchanged, compared to its average volume of 1,597,548. Hilton Worldwide has a fifty-two week low of $235.20 and a fifty-two week high of $344.75. The stock has a 50-day simple moving average of $312.05 and a two-hundred day simple moving average of $294.81. The stock has a market cap of $72.47 billion, a price-to-earnings ratio of 48.60, a PEG ratio of 2.81 and a beta of 1.06.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter last year, the firm earned $1.72 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. As a group, analysts anticipate that Hilton Worldwide will post 9.05 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s payout ratio is currently 9.16%.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 114,289 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $317.47, for a total transaction of $36,283,328.83. Following the transaction, the insider owned 36,445 shares in the company, valued at $11,570,194.15. The trade was a 75.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kemnay Advisory Services Inc. acquired a new position in shares of Hilton Worldwide during the fourth quarter worth about $26,000. Caitlin John LLC acquired a new position in shares of Hilton Worldwide during the third quarter worth about $32,000. ST Germain D J Co. Inc. acquired a new position in shares of Hilton Worldwide during the fourth quarter worth about $33,000. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of Hilton Worldwide by 52.9% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock worth $34,000 after purchasing an additional 45 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its position in shares of Hilton Worldwide by 110.6% during the third quarter. Ameritas Advisory Services LLC now owns 139 shares of the company’s stock worth $36,000 after acquiring an additional 73 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.