Sanctuary Advisors LLC purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,498 shares of the company’s stock, valued at approximately $10,078,000.
A number of other institutional investors have also modified their holdings of HLT. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Hilton Worldwide in the 2nd quarter valued at about $45,230,000. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in Hilton Worldwide during the second quarter worth about $499,000. LM Advisors LLC acquired a new position in Hilton Worldwide in the second quarter valued at approximately $263,000. Bank of Nova Scotia acquired a new position in Hilton Worldwide in the second quarter valued at approximately $81,030,000. Finally, Compass Financial Management LLC purchased a new stake in Hilton Worldwide in the 2nd quarter worth approximately $41,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on HLT. UBS Group reaffirmed a “buy” rating and set a $363.00 target price on shares of Hilton Worldwide in a report on Friday, August 14th. Barclays increased their price target on shares of Hilton Worldwide from $367.00 to $368.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. CICC Research started coverage on shares of Hilton Worldwide in a research report on Wednesday, August 12th. They set an “outperform” rating on the stock. Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $379.00 to $382.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, Macquarie Infrastructure upped their price objective on shares of Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $353.82.
Hilton Worldwide Price Performance
Hilton Worldwide stock opened at $330.20 on Tuesday. The stock has a market capitalization of $74.32 billion, a PE ratio of 48.49, a price-to-earnings-growth ratio of 2.77 and a beta of 1.05. The business has a 50 day simple moving average of $329.72 and a 200-day simple moving average of $321.90. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The business’s revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.20 EPS. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current fiscal year.
Hilton Worldwide Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s payout ratio is currently 8.81%.
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.
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