Hilton Worldwide Holdings Inc. (NYSE:HLT – Get Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $294.70 and last traded at $292.4260, with a volume of 998737 shares changing hands. The stock had previously closed at $285.83.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. Susquehanna raised their price target on Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Evercore ISI upped their price target on shares of Hilton Worldwide from $270.00 to $280.00 and gave the company an “in-line” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group raised shares of Hilton Worldwide from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $285.00 to $317.00 in a research report on Monday. Cowen reiterated a “buy” rating on shares of Hilton Worldwide in a research note on Tuesday, October 28th. Finally, TD Cowen dropped their price target on Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating on the stock in a research report on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and an average target price of $285.31.
Hilton Worldwide Price Performance
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.06. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.92 EPS. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS and its FY 2025 guidance at 7.970-8.060 EPS. On average, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, November 21st will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 21st. Hilton Worldwide’s dividend payout ratio is currently 8.68%.
Hedge Funds Weigh In On Hilton Worldwide
Several large investors have recently added to or reduced their stakes in HLT. Vanguard Group Inc. grew its holdings in Hilton Worldwide by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock valued at $6,606,172,000 after buying an additional 151,984 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Hilton Worldwide by 12.6% in the third quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock worth $2,620,531,000 after acquiring an additional 1,132,880 shares during the last quarter. State Street Corp grew its holdings in Hilton Worldwide by 0.9% in the second quarter. State Street Corp now owns 9,595,709 shares of the company’s stock valued at $2,555,721,000 after purchasing an additional 86,689 shares during the period. Geode Capital Management LLC increased its position in Hilton Worldwide by 2.8% during the second quarter. Geode Capital Management LLC now owns 6,281,842 shares of the company’s stock worth $1,666,246,000 after purchasing an additional 172,121 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in Hilton Worldwide by 10.4% during the third quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock worth $1,559,316,000 after purchasing an additional 567,651 shares during the period. 95.90% of the stock is currently owned by hedge funds and other institutional investors.
Hilton Worldwide Company Profile
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.
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