Bank of Nova Scotia Invests $81.03 Million in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Bank of Nova Scotia acquired 245,203 Hilton shares worth approximately $81.03 million in the second quarter, giving it about a 0.11% stake. Institutional investors and hedge funds collectively own 95.9% of Hilton’s stock.
• Hilton reported quarterly EPS of $2.29, narrowly beating estimates of $2.27, while revenue increased 6.5% year over year. The company issued Q3 2026 EPS guidance of $2.28–$2.34 and full-year guidance of $8.89–$9.01.
• Hilton shares opened at $326.76, below their 12-month high of $358.00. Analysts maintain a “Moderate Buy” consensus with an average price target of $353.82, and the company declared a quarterly dividend of $0.15 per share.

Bank of Nova Scotia purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 245,203 shares of the company's stock, valued at approximately $81,030,000. Bank of Nova Scotia owned approximately 0.11% of Hilton Worldwide as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC acquired a new stake in Hilton Worldwide in the second quarter valued at approximately $25,000. IMG Wealth Management Inc. acquired a new position in shares of Hilton Worldwide during the 2nd quarter worth $26,000. Trust Co. of Vermont acquired a new stake in shares of Hilton Worldwide in the 2nd quarter valued at $26,000. Kemnay Advisory Services Inc. acquired a new position in Hilton Worldwide during the fourth quarter worth $26,000. Finally, Elevation Wealth Partners LLC raised its holdings in Hilton Worldwide by 1,128.6% during the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company's stock valued at $28,000 after buying an additional 79 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Stock Down 0.9%

Shares of NYSE HLT opened at $326.76 on Friday. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00. The company has a market cap of $73.54 billion, a P/E ratio of 47.98, a P/E/G ratio of 2.77 and a beta of 1.05. The business's 50 day moving average is $330.05 and its two-hundred day moving average is $321.58.

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 company had revenue of $1.38 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business 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. Sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HLT. UBS Group reiterated a "buy" rating and set a $363.00 price target on shares of Hilton Worldwide in a research note on Friday, August 14th. Argus raised their price objective on Hilton Worldwide from $380.00 to $400.00 and gave the company a "buy" rating in a research note on Monday, June 15th. Rothschild & Co Redburn upped their target price on Hilton Worldwide from $320.00 to $325.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 29th. Weiss Ratings downgraded Hilton Worldwide from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, August 7th. Finally, The Goldman Sachs Group lifted their price target on shares of Hilton Worldwide from $354.00 to $360.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average 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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