Rakuten Investment Management Inc. Buys Shares of 37,301 Hilton Worldwide Holdings Inc. $HLT

Rakuten Investment Management Inc. purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 37,301 shares of the company’s stock, valued at approximately $12,404,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Frazier Financial Advisors LLC acquired a new stake in shares of Hilton Worldwide during the second quarter worth $25,000. Kemnay Advisory Services Inc. acquired a new position in Hilton Worldwide in the fourth quarter valued at $26,000. Trust Co. of Vermont purchased a new position in Hilton Worldwide during the second quarter worth about $26,000. IMG Wealth Management Inc. acquired a new stake in Hilton Worldwide in the 2nd quarter worth about $26,000. Finally, Elevation Wealth Partners LLC grew its holdings in Hilton Worldwide by 1,128.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock valued at $28,000 after buying an additional 79 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Down 1.1%

Shares of NYSE:HLT opened at $322.20 on Friday. 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. The company has a 50 day moving average of $327.95 and a two-hundred day moving average of $322.29. 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 announced its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.02. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.20 earnings per share. 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 analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be given a $0.15 dividend. 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, August 21st. Hilton Worldwide’s dividend payout ratio is presently 8.81%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HLT. Deutsche Bank Aktiengesellschaft upgraded shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price objective on the stock in a report on Wednesday, August 12th. Susquehanna cut their price target on shares of Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th. JPMorgan Chase & Co. boosted their price objective on shares of Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Wells Fargo & Company raised their price objective on Hilton Worldwide from $379.00 to $382.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, Sanford C. Bernstein reduced their price target on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $353.82.

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.