Northwestern Mutual Wealth Management Co. increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 2.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 200,598 shares of the company’s stock after buying an additional 4,700 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Hilton Worldwide were worth $66,290,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC raised its position in shares of Hilton Worldwide by 4.7% in the fourth quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company’s stock worth $207,000 after acquiring an additional 32 shares during the period. Waddell & Associates LLC grew its position in shares of Hilton Worldwide by 1.8% during the 4th quarter. Waddell & Associates LLC now owns 1,800 shares of the company’s stock valued at $517,000 after acquiring an additional 32 shares during the period. Eaton Financial Holdings Company LLC increased its stake in shares of Hilton Worldwide by 1.2% in the 4th quarter. Eaton Financial Holdings Company LLC now owns 2,782 shares of the company’s stock valued at $799,000 after purchasing an additional 34 shares in the last quarter. L2 Asset Management LLC raised its holdings in Hilton Worldwide by 3.6% in the 3rd quarter. L2 Asset Management LLC now owns 1,084 shares of the company’s stock worth $281,000 after purchasing an additional 38 shares during the period. Finally, Benjamin Edwards Inc. raised its holdings in Hilton Worldwide by 1.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 2,555 shares of the company’s stock worth $680,000 after purchasing an additional 39 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on HLT. JPMorgan Chase & Co. raised their price objective on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Evercore upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research report on Tuesday, July 21st. Weiss Ratings raised shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 21st. CICC Research assumed coverage on shares of Hilton Worldwide in a research report on Wednesday, August 12th. They set an “outperform” rating for the company. Finally, Sanford C. Bernstein decreased their price objective on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a 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 issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $353.82.
Hilton Worldwide Trading Down 1.4%
HLT stock opened at $311.83 on Wednesday. The firm has a 50-day moving average of $326.75 and a two-hundred day moving average of $322.20. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00. The company has a market cap of $70.18 billion, a price-to-earnings ratio of 45.79, a PEG ratio of 2.68 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating the consensus estimate of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter last year, the firm 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. As a group, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.
Hilton Worldwide Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be issued a dividend of $0.15 per share. 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 payout ratio is currently 8.81%.
Hilton Worldwide 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.
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