Jupiter Topco LLC bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) in the 2nd quarter, HoldingsChannel reports. The firm bought 2,008,827 shares of the company’s stock, valued at approximately $663,882,000.
A number of other institutional investors have also recently made changes to their positions in the stock. NewEdge Advisors LLC grew its position in Hilton Worldwide by 25.6% in the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after acquiring an additional 465 shares in the last quarter. Empowered Funds LLC lifted its stake in Hilton Worldwide by 37.4% during the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock worth $1,396,000 after purchasing an additional 1,669 shares during the last quarter. Woodline Partners LP boosted its holdings in shares of Hilton Worldwide by 38.8% in the 1st quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock worth $4,625,000 after purchasing an additional 5,687 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of Hilton Worldwide by 112.4% in the 1st quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock worth $1,247,000 after purchasing an additional 2,899 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Hilton Worldwide by 182.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock valued at $76,000 after purchasing an additional 215 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have commented on the stock. Mizuho lifted their price target on shares of Hilton Worldwide from $321.00 to $326.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. CICC Research assumed coverage on shares of Hilton Worldwide in a research report on Wednesday, August 12th. They issued an “outperform” rating on the stock. Evercore raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research note on Tuesday, July 21st. Barclays raised their price objective on Hilton Worldwide from $367.00 to $368.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average price target of $353.82.
Hilton Worldwide Stock Down 0.1%
NYSE:HLT opened at $329.72 on Wednesday. The company has a fifty day moving average of $329.30 and a 200 day moving average of $322.04. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The firm has a market capitalization of $74.21 billion, a P/E ratio of 48.42, a P/E/G ratio of 2.80 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping 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 firm earned $2.20 EPS. The company’s revenue 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, analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.
Hilton Worldwide Dividend Announcement
The business 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 dividend of $0.15 per share. 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 payout ratio is presently 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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