2,538,862 Shares in Hilton Worldwide Holdings Inc. $HLT Acquired by Norges Bank

Norges Bank bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,538,862 shares of the company’s stock, valued at approximately $676,201,000. Norges Bank owned about 1.08% of Hilton Worldwide at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Hilton Worldwide by 0.8% in the second quarter. Vanguard Group Inc. now owns 25,311,212 shares of the company’s stock valued at $6,741,388,000 after acquiring an additional 196,126 shares during the period. Geode Capital Management LLC increased its position in shares of Hilton Worldwide by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 6,281,842 shares of the company’s stock valued at $1,666,246,000 after purchasing an additional 172,121 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Hilton Worldwide by 4.0% in the 2nd quarter. Franklin Resources Inc. now owns 5,442,662 shares of the company’s stock worth $1,449,599,000 after purchasing an additional 208,708 shares during the period. Jennison Associates LLC boosted its holdings in shares of Hilton Worldwide by 22.4% in the second quarter. Jennison Associates LLC now owns 4,631,719 shares of the company’s stock worth $1,233,612,000 after buying an additional 847,353 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Hilton Worldwide by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company’s stock valued at $487,135,000 after buying an additional 494,224 shares during the period. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on HLT. Susquehanna increased their price target on shares of Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group raised their target price on Hilton Worldwide from $274.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Truist Financial boosted their price target on Hilton Worldwide from $246.00 to $253.00 and gave the company a “hold” rating in a report on Thursday, October 23rd. Jefferies Financial Group raised their price objective on Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Finally, Barclays lifted their price objective on Hilton Worldwide from $288.00 to $297.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $283.31.

Hilton Worldwide Stock Down 0.3%

Shares of Hilton Worldwide stock opened at $285.04 on Friday. The company has a market capitalization of $66.25 billion, a price-to-earnings ratio of 41.25, a PEG ratio of 2.94 and a beta of 1.20. The stock’s 50-day simple moving average is $266.08 and its 200-day simple moving average is $264.81. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $287.39.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.06. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the company earned $1.92 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. On average, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, November 21st will be given a dividend of $0.15 per share. The ex-dividend date is Friday, November 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.68%.

About Hilton Worldwide

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.