13,292 Shares in Hilton Worldwide Holdings Inc. $HLT Purchased by Elevation Point Wealth Partners LLC

Key Points

• Elevation Point Wealth Partners initiated a Hilton Worldwide position by purchasing 13,292 shares valued at approximately $4.4 million. Institutional investors collectively own 95.9% of Hilton’s outstanding stock.
• Analysts maintain a generally bullish outlook, with a consensus “Moderate Buy” rating and an average price target of $353.82; targets range as high as $400.
• Hilton reported quarterly EPS of $2.29, slightly above estimates, while revenue rose 6.5% year over year. The company also declared a quarterly dividend of $0.15 per share, equivalent to a 0.2% annualized yield.

Elevation Point Wealth Partners LLC bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 13,292 shares of the company's stock, valued at approximately $4,392,000.

Several other hedge funds also recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Hilton Worldwide during the second quarter worth approximately $6,271,258,000. Norges Bank acquired a new stake in Hilton Worldwide during the 4th quarter worth $803,047,000. Bank of New York Mellon Corp bought a new stake in shares of Hilton Worldwide during the 2nd quarter valued at $437,227,000. Deutsche Bank AG acquired a new position in shares of Hilton Worldwide in the 2nd quarter valued at $272,861,000. Finally, Two Sigma Investments LP lifted its stake in Hilton Worldwide by 1,222.9% in the third quarter. Two Sigma Investments LP now owns 820,991 shares of the company's stock valued at $212,998,000 after buying an additional 758,930 shares during the period. Institutional investors own 95.90% of the company's stock.

Analysts Set New Price Targets

HLT has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on Hilton Worldwide from $379.00 to $382.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Sanford C. Bernstein reduced their price objective on shares of Hilton Worldwide from $322.00 to $320.00 and set a "market perform" rating on the stock in a research note on Friday, May 15th. CICC Research assumed coverage on shares of Hilton Worldwide in a research note on Wednesday, August 12th. They issued an "outperform" rating for the company. Robert W. Baird increased their target price on shares of Hilton Worldwide from $359.00 to $360.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. Finally, Argus lifted their price target on shares of Hilton Worldwide from $380.00 to $400.00 and gave the stock a "buy" rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $353.82.

Hilton Worldwide Stock Performance

NYSE HLT opened at $326.76 on Friday. The business has a 50 day simple moving average of $330.05 and a 200 day simple moving average of $321.58. Hilton Worldwide Holdings Inc. has a 52-week low of $253.54 and a 52-week high of $358.00. The stock has a market cap of $73.54 billion, a price-to-earnings ratio of 47.98, a PEG ratio of 2.77 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 for the quarter, beating analysts' consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.20 earnings per share. 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. On average, analysts predict that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide's dividend payout ratio is presently 8.81%.

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.

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