Glenview Trust Co Acquires New Stake in Hilton Worldwide Holdings Inc. $HLT

Glenview Trust Co acquired a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,160 shares of the company’s stock, valued at approximately $714,000.

Several other hedge funds have also recently added to or reduced their stakes in HLT. Allstate Corp boosted its holdings in Hilton Worldwide by 100.2% in the fourth quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after purchasing an additional 8,348 shares during the last quarter. Cumberland Partners Ltd grew its position in shares of Hilton Worldwide by 100.0% during the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock worth $4,309,000 after buying an additional 7,500 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Hilton Worldwide by 4.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company’s stock worth $143,944,000 after buying an additional 22,249 shares during the last quarter. Amundi raised its holdings in Hilton Worldwide by 4.0% in the first quarter. Amundi now owns 1,338,426 shares of the company’s stock valued at $406,989,000 after acquiring an additional 51,767 shares in the last quarter. Finally, Applied Finance Capital Management LLC grew its holdings in Hilton Worldwide by 96.7% during the 4th quarter. Applied Finance Capital Management LLC now owns 10,282 shares of the company’s stock worth $2,954,000 after acquiring an additional 5,055 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Trading Down 1.1%

HLT stock opened at $322.20 on Friday. The firm’s 50-day moving average is $327.95 and its two-hundred day moving average is $322.29. The company has a market capitalization of $72.52 billion, a price-to-earnings ratio of 47.31, a price-to-earnings-growth ratio of 2.76 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the business earned $2.20 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. 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 predict that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Evercore upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research note on Tuesday, July 21st. Sanford C. Bernstein decreased their price target on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a report on Friday, May 15th. CICC Research assumed coverage on shares of Hilton Worldwide in a report on Wednesday, August 12th. They issued an “outperform” rating on the stock. Argus lifted their target price on Hilton Worldwide from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Finally, Weiss Ratings upgraded Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $353.82.

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.