Hilton Worldwide (NYSE:HLT) Announces Earnings Results

Hilton Worldwide (NYSE:HLT) issued its earnings results on Tuesday. The company reported $2.29 EPS for the quarter, topping the consensus estimate of $2.27 by $0.02, FiscalAI reports. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the firm earned $2.20 EPS. The business’s revenue was up 6.5% on a year-over-year basis. Hilton Worldwide updated its Q3 2026 guidance to 2.280-2.340 EPS and its FY 2026 guidance to 8.890-9.010 EPS.

Here are the key takeaways from Hilton Worldwide’s conference call:

• Strong second-quarter performance: System-wide RevPAR rose 3.9%, adjusted EBITDA increased 4.6% to $1.054 billion, and adjusted EPS reached $2.29, exceeding expectations. Hilton raised its full-year RevPAR growth outlook to 3.0%-3.5%.
• Hilton reported robust development momentum, with approximately 43,000 rooms signed during the quarter and a record pipeline of 541,000 rooms across more than 130 countries. Management continues to target 6%-7% net unit growth, with conversions expected to represent about 40% of openings.
• Demand trends strengthened, particularly in U.S. business transient and group travel, with small and medium-sized businesses leading midweek growth. Management expects supportive U.S. tax, infrastructure and AI-related investment trends, combined with historically low supply growth, to support further expansion.
• Hilton is reducing loyalty and other program fees and expanding its RISE initiatives to improve owner profitability by an estimated 75-100 basis points for participating hotels. The company is also using technology, AI and direct distribution connections to lower costs and enhance owner returns.
• The Middle East conflict caused Middle East and Africa RevPAR to fall approximately 30% year over year and is expected to weigh on full-year results, while China RevPAR declined 2.2% amid government restrictions on group travel. Significant renovations at three owned or leased hotels are also expected to reduce 2026 EBITDA by roughly $20 million-$25 million.

Hilton Worldwide Stock Down 0.8%

NYSE HLT opened at $320.01 on Wednesday. Hilton Worldwide has a fifty-two week low of $253.54 and a fifty-two week high of $358.00. The business has a fifty day moving average of $334.21 and a 200-day moving average of $318.72. The stock has a market cap of $72.85 billion, a price-to-earnings ratio of 48.83, a price-to-earnings-growth ratio of 2.80 and a beta of 1.05.

Hilton Worldwide Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.16%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Macquarie Infrastructure raised their price objective on shares of Hilton Worldwide from $296.00 to $320.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group increased their target price on shares of Hilton Worldwide from $354.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. BMO Capital Markets upped their price target on Hilton Worldwide from $325.00 to $345.00 and gave the stock a “market perform” rating in a report on Thursday, April 23rd. Truist Financial lifted their price objective on Hilton Worldwide from $307.00 to $312.00 and gave the stock a “hold” rating in a report on Wednesday, April 29th. Finally, Argus boosted their target price on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Fourteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $352.91.

Hedge Funds Weigh In On Hilton Worldwide

Several institutional investors have recently added to or reduced their stakes in HLT. Price T Rowe Associates Inc. MD lifted its position in Hilton Worldwide by 10.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,092,347 shares of the company’s stock worth $1,462,778,000 after buying an additional 475,896 shares during the period. Morgan Stanley grew its holdings in Hilton Worldwide by 2.0% in the 4th quarter. Morgan Stanley now owns 2,823,631 shares of the company’s stock valued at $811,089,000 after buying an additional 55,228 shares during the period. Invesco Ltd. increased its stake in shares of Hilton Worldwide by 15.8% during the 4th quarter. Invesco Ltd. now owns 2,754,958 shares of the company’s stock valued at $791,362,000 after acquiring an additional 375,993 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Hilton Worldwide by 1.0% during the 3rd quarter. Northern Trust Corp now owns 2,385,868 shares of the company’s stock worth $618,990,000 after acquiring an additional 23,077 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Hilton Worldwide by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,736,153 shares of the company’s stock worth $498,710,000 after acquiring an additional 19,318 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Key Hilton Worldwide News

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

• Positive Sentiment: Hilton reported adjusted second-quarter EPS of $2.29, slightly above the $2.27 consensus estimate, while adjusted EBITDA reached $1.054 billion. Comparable system-wide RevPAR increased 3.9% year over year, supported by higher franchise fees and room rates. Hilton Reports Second Quarter Results
• Positive Sentiment: The company raised its 2026 adjusted EPS outlook to $8.89–$9.01 from $8.79–$8.91 and expects full-year RevPAR growth of 3%–3.5%. Hilton also reiterated plans to return approximately $3.5 billion to shareholders. Hilton 2026 RevPAR and Shareholder Returns Outlook
• Positive Sentiment: Barclays raised its price target to $368 from $367 and maintained an “overweight” rating. Robert W. Baird increased its target to $360 from $359 and assigned an “outperform” rating, indicating analysts continue to see upside potential.
• Neutral Sentiment: Hilton declared a quarterly dividend of $0.15 per share, payable September 30 to shareholders of record August 21. The dividend provides modest income, with an annualized yield of approximately 0.2%.
• Negative Sentiment: Third-quarter adjusted EPS guidance of $2.28–$2.34 was below the $2.42 analyst consensus. The full-year range also remains slightly below the $9.03 consensus midpoint, creating concern that growth could moderate in the near term despite the raised annual outlook. Hilton Sees World Cup Boost but Shares Fall on Soft Guidance

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.