5,246,229 Shares in Hilton Worldwide Holdings Inc. $HLT Acquired by Bank of America Corp DE

Key Points

• Bank of America acquired 5.25 million Hilton shares worth approximately $1.73 billion, representing about 2.33% of Hilton Worldwide. Institutional investors collectively own 95.9% of the company.
• Hilton reported quarterly EPS of $2.29, slightly exceeding estimates, while revenue rose 6.5% year over year. The company issued 2026 EPS guidance of $8.89–$9.01.
• Analysts remain broadly positive, with Hilton carrying a “Moderate Buy” consensus rating and an average price target of $354, compared with a recent share price of $310.38. The company also announced a quarterly dividend of $0.15 per share.

Bank of America Corp DE bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,246,229 shares of the company's stock, valued at approximately $1,733,669,000. Bank of America Corp DE owned approximately 2.33% of Hilton Worldwide as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Freestone Grove Partners LP purchased a new stake in Hilton Worldwide in the 2nd quarter worth approximately $12,354,000. Man Group plc purchased a new position in shares of Hilton Worldwide during the 2nd quarter worth $13,246,000. Jupiter Topco LLC acquired a new stake in shares of Hilton Worldwide during the second quarter worth $663,882,000. J. Goldman & Co LP acquired a new stake in shares of Hilton Worldwide during the second quarter worth $11,170,000. Finally, Hsbc Holdings PLC grew its position in shares of Hilton Worldwide by 9.8% in the second quarter. Hsbc Holdings PLC now owns 405,277 shares of the company's stock valued at $134,101,000 after purchasing an additional 36,016 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Up 1.4%

Shares of HLT opened at $310.38 on Tuesday. The firm has a market cap of $69.86 billion, a price-to-earnings ratio of 45.58, a PEG ratio of 2.47 and a beta of 1.05. The business's 50 day moving average is $321.76 and its two-hundred day moving average is $321.82. Hilton Worldwide Holdings Inc. has a 52-week low of $253.54 and a 52-week high of $358.00.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The firm had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $3.32 billion. During the same period in the prior year, the company posted $2.20 earnings per share. The firm's quarterly revenue was up 6.5% on a year-over-year basis. 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, equities analysts expect that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 yield of 0.2%. Hilton Worldwide's payout ratio is presently 8.81%.

Analyst Ratings Changes

HLT has been the topic of several recent analyst reports. Robert W. Baird increased their target price on Hilton Worldwide from $359.00 to $360.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. TD Cowen raised shares of Hilton Worldwide to a "strong-buy" rating in a research report on Tuesday, September 8th. Barclays increased their price target on shares of Hilton Worldwide from $367.00 to $368.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Argus lifted their price target on shares of Hilton Worldwide from $380.00 to $400.00 and gave the company a "buy" rating in a report on Monday, June 15th. Finally, Morgan Stanley boosted their price objective on shares of Hilton Worldwide from $319.00 to $332.00 and gave the company an "overweight" rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $354.00.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that owns, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of market segments, from luxury and full-service properties to focused-service, extended-stay and lifestyle accommodations.

The company's brands include Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Homewood Suites, Home2 Suites, Tru by Hilton, Canopy by Hilton, Curio Collection and Motto by Hilton.

Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.