Altarock Partners LP Makes New Investment in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Altarock Partners LP initiated a Hilton Worldwide position in the second quarter, purchasing 15,202 shares valued at approximately $5.02 million. Institutional investors collectively own 95.9% of Hilton’s outstanding stock.
• Hilton reported quarterly EPS of $2.29, slightly above analyst expectations, while revenue increased 6.5% year over year. The company guided for third-quarter 2026 EPS of $2.28–$2.34 and full-year EPS of $8.89–$9.01.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $353.82, above the stock’s reported price of $325.48. Hilton also declared a quarterly dividend of $0.15 per share, equivalent to a 0.2% annual yield.

Altarock Partners LP purchased a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,202 shares of the company's stock, valued at approximately $5,024,000. Hilton Worldwide comprises about 0.1% of Altarock Partners LP's investment portfolio, making the stock its 8th biggest holding.

Several other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its stake in shares of Hilton Worldwide by 25.6% in the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company's stock worth $520,000 after buying an additional 465 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Hilton Worldwide by 37.4% in the first quarter. Empowered Funds LLC now owns 6,135 shares of the company's stock worth $1,396,000 after purchasing an additional 1,669 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Hilton Worldwide by 38.8% during the first quarter. Woodline Partners LP now owns 20,327 shares of the company's stock valued at $4,625,000 after purchasing an additional 5,687 shares in the last quarter. Intech Investment Management LLC boosted its position in shares of Hilton Worldwide by 112.4% during the first quarter. Intech Investment Management LLC now owns 5,478 shares of the company's stock valued at $1,247,000 after buying an additional 2,899 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Hilton Worldwide by 182.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company's stock worth $76,000 after buying an additional 215 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $325.48 on Friday. The stock has a 50-day simple moving average of $328.48 and a two-hundred day simple moving average of $322.29. The firm has a market capitalization of $73.25 billion, a PE ratio of 47.79, a P/E/G ratio of 2.82 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.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the previous year, the company posted $2.20 EPS. The firm's 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. Equities analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company 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 dividend of $0.15 per share. The ex-dividend date is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide's payout ratio is 8.81%.

Wall Street Analyst Weigh In

HLT has been the topic of several research analyst reports. Evercore upgraded shares of Hilton Worldwide from an "in-line" rating to an "outperform" rating in a research note on Tuesday, July 21st. 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 report on Friday, July 17th. Sanford C. Bernstein lowered 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 report on Friday, May 15th. Deutsche Bank Aktiengesellschaft raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and set a $365.00 target price for the company in a research report on Wednesday, August 12th. Finally, Argus boosted their target price on shares of Hilton Worldwide from $380.00 to $400.00 and gave the company a "buy" rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $353.82.

About Hilton Worldwide

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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