18,977,358 Shares in Hilton Worldwide Holdings Inc. $HLT Bought by BlackRock Inc.

Key Points

• BlackRock acquired 18.98 million Hilton shares worth approximately $6.27 billion, giving it an 8.43% stake. Institutional investors collectively own 95.9% of Hilton’s outstanding stock.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $353.82 versus Hilton’s recent price of $326.88.
• Hilton slightly exceeded quarterly earnings expectations, reporting $2.29 in EPS versus $2.27 expected, while revenue rose 6.5% year over year. The company also declared a quarterly dividend of $0.15 per share, yielding about 0.2% annually.

BlackRock Inc. purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,977,358 shares of the company's stock, valued at approximately $6,271,258,000. BlackRock Inc. owned 8.43% of Hilton Worldwide at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in HLT. Norges Bank purchased a new stake in shares of Hilton Worldwide during the 4th quarter worth $803,047,000. Bank of New York Mellon Corp purchased a new position in Hilton Worldwide in the second quarter valued at $437,227,000. Deutsche Bank AG acquired a new stake in Hilton Worldwide in the second quarter valued at $272,861,000. Two Sigma Investments LP raised 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 in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in Hilton Worldwide by 126.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,138,294 shares of the company's stock worth $303,173,000 after buying an additional 635,220 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. China Intl Cap upgraded Hilton Worldwide to a "strong-buy" rating in a research note on Wednesday, August 12th. Bank of America increased their price target on shares of Hilton Worldwide from $324.00 to $375.00 in a research note on Monday, April 27th. HSBC raised their price objective on shares of Hilton Worldwide from $353.00 to $387.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. Sanford C. Bernstein lowered their target price on shares of Hilton Worldwide from $322.00 to $320.00 and set a "market perform" rating for the company in a report on Friday, May 15th. Finally, Morgan Stanley increased their target price on shares of Hilton Worldwide from $319.00 to $332.00 and gave the company an "overweight" rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $353.82.

Hilton Worldwide Stock Down 0.1%

HLT opened at $326.88 on Tuesday. The firm has a market cap of $73.57 billion, a price-to-earnings ratio of 48.00, a price-to-earnings-growth ratio of 2.78 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The business's 50 day moving average is $331.05 and its two-hundred day moving average is $320.86.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.02. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The company's revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned $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. Equities analysts expect that Hilton Worldwide Holdings Inc. will post 9.06 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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