Bank of New York Mellon Corp Purchases Shares of 1,323,086 Hilton Worldwide Holdings Inc. $HLT

Bank of New York Mellon Corp bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,323,086 shares of the company's stock, valued at approximately $437,227,000. Bank of New York Mellon Corp owned approximately 0.59% of Hilton Worldwide at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. acquired a new stake in Hilton Worldwide in the fourth quarter valued at approximately $26,000. Elevation Wealth Partners LLC raised its position in Hilton Worldwide by 1,128.6% during the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company's stock worth $28,000 after acquiring an additional 79 shares during the period. Wilkerson Advisory Group LLC lifted its holdings in Hilton Worldwide by 163.2% during the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company's stock valued at $30,000 after purchasing an additional 62 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at about $33,000. Finally, Meeder Asset Management Inc. boosted its holdings in Hilton Worldwide by 70.1% in the 1st quarter. Meeder Asset Management Inc. now owns 114 shares of the company's stock worth $35,000 after buying an additional 47 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Barclays lifted their price target on Hilton Worldwide from $367.00 to $368.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. China Intl Cap raised shares of Hilton Worldwide to a "strong-buy" rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upgraded shares of Hilton Worldwide from a "hold" rating to a "buy" rating and set a $365.00 price target on the stock in a research report on Wednesday, August 12th. Sanford C. Bernstein lowered their target price on Hilton Worldwide from $322.00 to $320.00 and set a "market perform" rating on the stock in a report on Friday, May 15th. Finally, Wells Fargo & Company boosted their price objective on Hilton Worldwide from $379.00 to $382.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. One investment 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 currently has an average rating of "Moderate Buy" and a consensus target price of $353.82.

Hilton Worldwide Trading Down 0.9%

Hilton Worldwide stock opened at $326.76 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The stock's fifty day simple moving average is $330.05 and its 200-day simple moving average is $321.58. The firm has a market capitalization of $73.54 billion, a P/E ratio of 47.98, a P/E/G ratio of 2.79 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results 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. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.Hilton Worldwide's revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business 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. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide's payout ratio is 8.81%.

Hilton Worldwide 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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