Canada Pension Plan Investment Board Makes New Investment in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Canada Pension Plan Investment Board acquired 64,569 Hilton Worldwide shares worth approximately $21.3 million in the second quarter. Other institutions also initiated positions, and institutional investors now own 95.9% of HLT’s stock.
• Analyst sentiment remains positive: Hilton has a consensus “Moderate Buy” rating and an average price target of $353.82, compared with shares opening at $322.20.
• Hilton reported quarterly earnings of $2.29 per share, beating estimates by $0.02, while revenue rose 6.5% year over year. The company also declared a quarterly dividend of $0.15 per share, equal to a 0.2% annualized yield.

Canada Pension Plan Investment Board bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 64,569 shares of the company's stock, valued at approximately $21,337,000.

Several other large investors also recently modified their holdings of HLT. Nicholas Investment Partners LP bought a new stake in shares of Hilton Worldwide in the 2nd quarter worth approximately $2,374,000. Eschler Asset Management LLP bought a new position in Hilton Worldwide during the second quarter valued at $1,440,000. Kinloch Capital LLC purchased a new stake in Hilton Worldwide in the second quarter worth $231,000. Camrose Capital Investment Partners LLP bought a new stake in shares of Hilton Worldwide in the second quarter valued at $106,970,000. Finally, Legal & General Group Plc purchased a new position in shares of Hilton Worldwide during the 2nd quarter valued at $389,475,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Analyst Ratings Changes

HLT has been the subject of several recent research reports. Wells Fargo & Company lifted their price objective on Hilton Worldwide from $379.00 to $382.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Evercore raised shares of Hilton Worldwide from an "in-line" rating to an "outperform" rating in a report on Tuesday, July 21st. Weiss Ratings upgraded shares of Hilton Worldwide from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, August 21st. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $359.00 to $360.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Finally, 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 note on Wednesday, August 12th. One investment 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 company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $353.82.

Hilton Worldwide Stock Down 1.1%

Shares of NYSE HLT opened at $322.20 on Friday. The company has a market cap of $72.52 billion, a P/E ratio of 47.31, a P/E/G ratio of 2.76 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 has a 50-day simple moving average of $327.95 and a two-hundred day simple moving average of $322.29.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results 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. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.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 business posted $2.20 earnings per share. The company'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 research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.

Hilton Worldwide Dividend Announcement

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