Hilton Worldwide Holdings Inc. $HLT Shares Sold by Westpac Banking Corp

Westpac Banking Corp trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 59.8% in the first quarter, Holdings Channel reports. The firm owned 9,781 shares of the company’s stock after selling 14,554 shares during the period. Westpac Banking Corp’s holdings in Hilton Worldwide were worth $2,974,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new position in Hilton Worldwide in the fourth quarter valued at about $26,000. Wilkerson Advisory Group LLC increased its position in shares of Hilton Worldwide by 163.2% during the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock valued at $30,000 after acquiring an additional 62 shares during the last quarter. ST Germain D J Co. Inc. purchased a new stake in shares of Hilton Worldwide in the 4th quarter valued at approximately $33,000. Meeder Asset Management Inc. lifted its holdings in shares of Hilton Worldwide by 70.1% in the 1st quarter. Meeder Asset Management Inc. now owns 114 shares of the company’s stock worth $35,000 after acquiring an additional 47 shares during the last quarter. Finally, BOCHK Asset Management Ltd acquired a new position in shares of Hilton Worldwide in the 4th quarter worth approximately $43,000. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Performance

Shares of HLT opened at $323.41 on Wednesday. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The stock has a market capitalization of $73.62 billion, a PE ratio of 49.38, a PEG ratio of 2.82 and a beta of 1.05. The stock has a 50-day simple moving average of $333.29 and a 200-day simple moving average of $317.52.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share 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 net margin of 12.56% and a negative return on equity of 38.21%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm 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. Analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 9.16%.

Hilton Worldwide News Roundup

Here are the key news stories impacting Hilton Worldwide this week:

• Positive Sentiment: JPMorgan raised Hilton’s price target to $365 from $363 and kept an overweight rating, signaling confidence in further upside. Benzinga report on JPMorgan price target increase
• Positive Sentiment: Barclays also increased its price target to $367 from $365 and maintained an overweight rating, reinforcing bullish analyst sentiment. Benzinga report on Barclays price target increase
• Positive Sentiment: Evercore ISI said Hilton is expected to outperform in the hotel sector, another sign that analysts see the company as a relative winner in lodging. Evercore ISI expects Hilton to outperform in the hotel sector
• Positive Sentiment: Zacks highlighted Hilton’s strong earnings surprise history and suggested the company has the ingredients to beat estimates again in its next report, which could support the stock if results come in ahead of expectations. Zacks article on Hilton beating estimates again
• Positive Sentiment: Another Zacks preview said Wall Street expects earnings growth when Hilton reports next week, keeping investor focus on a potentially favorable earnings release. Zacks article on upcoming earnings growth expectations

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HLT. Sanford C. Bernstein dropped their target price 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. HSBC upped their price target on Hilton Worldwide from $353.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Truist Financial lifted their price objective on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group boosted their price objective on Hilton Worldwide from $354.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Macquarie Infrastructure increased their target price on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Fourteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and an average price target of $350.36.

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.