Goldman Sachs Group Inc. raised its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 17.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,359,913 shares of the company’s stock after buying an additional 355,232 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Hilton Worldwide were worth $677,885,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Hilton Worldwide by 0.6% in the third quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock valued at $6,606,172,000 after buying an additional 151,984 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Hilton Worldwide by 12.6% in the third quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock valued at $2,620,531,000 after buying an additional 1,132,880 shares during the last quarter. Geode Capital Management LLC lifted its stake in Hilton Worldwide by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 6,448,978 shares of the company’s stock valued at $1,852,650,000 after buying an additional 31,364 shares during the last quarter. Franklin Resources Inc. lifted its stake in Hilton Worldwide by 10.4% in the third quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock valued at $1,559,316,000 after buying an additional 567,651 shares during the last quarter. Finally, Norges Bank bought a new stake in Hilton Worldwide in the fourth quarter valued at $803,047,000. 95.90% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
HLT has been the topic of a number of research analyst reports. Barclays raised their price target on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Raymond James Financial raised their price target on Hilton Worldwide from $300.00 to $355.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Morgan Stanley raised their price target on Hilton Worldwide from $318.00 to $319.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. BMO Capital Markets raised their price target on Hilton Worldwide from $325.00 to $345.00 and gave the company a “market perform” rating in a report on Thursday, April 23rd. Finally, Mizuho raised their price target on Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Fourteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $348.55.
Hilton Worldwide Stock Down 0.2%
NYSE:HLT opened at $332.19 on Thursday. The business’s 50-day moving average price is $320.45 and its 200 day moving average price is $304.05. The firm has a market cap of $75.62 billion, a P/E ratio of 50.72, a PEG ratio of 2.90 and a beta of 1.04. Hilton Worldwide Holdings Inc. has a 52-week low of $241.45 and a 52-week high of $344.75.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.98 by $0.03. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.Hilton Worldwide’s revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.72 earnings per share. 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. Sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 22nd. Hilton Worldwide’s payout ratio is presently 9.16%.
About Hilton Worldwide
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.
Featured Stories
- Five stocks we like better than Hilton Worldwide
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report).
Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
