Engineers Gate Manager LP Buys 31,804 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Engineers Gate Manager LP increased its Hilton Worldwide stake by 4,286.3% in the second quarter, purchasing 31,804 additional shares for a total holding valued at approximately $10.8 million.
• Institutional ownership remains substantial at 95.9%, with major investors including California State Teachers Retirement System, BlackRock, Bank of America and Norges Bank.
• Hilton beat quarterly EPS expectations, reporting $2.29 versus the $2.27 consensus, while revenue rose 6.5% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $354, compared with the reported share price of $306.06.

Engineers Gate Manager LP boosted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4,286.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,546 shares of the company's stock after buying an additional 31,804 shares during the quarter. Engineers Gate Manager LP's holdings in Hilton Worldwide were worth $10,755,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. California State Teachers Retirement System lifted its holdings in shares of Hilton Worldwide by 37,154.8% during the second quarter. California State Teachers Retirement System now owns 108,102,719 shares of the company's stock valued at $35,723,625,000 after acquiring an additional 107,812,548 shares during the period. BlackRock Inc. bought a new stake in shares of Hilton Worldwide in the 2nd quarter worth about $6,271,258,000. Bank of America Corp DE acquired a new stake in shares of Hilton Worldwide during the 2nd quarter worth about $1,733,669,000. Norges Bank bought a new position in Hilton Worldwide during the 4th quarter valued at about $803,047,000. Finally, Jupiter Topco LLC bought a new position in Hilton Worldwide during the 2nd quarter valued at about $663,882,000. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $306.06 on Friday. The stock has a market cap of $68.89 billion, a price-to-earnings ratio of 44.94, a P/E/G ratio of 2.48 and a beta of 1.05. The company has a 50 day moving average of $323.00 and a 200-day moving average of $321.88. Hilton Worldwide Holdings Inc. has a one year low of $253.54 and a one year 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 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 last year, the firm earned $2.20 earnings per share. The business's revenue for the quarter 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 9.06 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed 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 of this dividend 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%.

Analyst Ratings Changes

HLT has been the topic of several research analyst reports. China Intl Cap raised shares of Hilton Worldwide to a "strong-buy" rating in a research note on Wednesday, August 12th. CICC Research initiated coverage on Hilton Worldwide in a report on Wednesday, August 12th. They set an "outperform" rating on the stock. Morgan Stanley raised their target price on Hilton Worldwide from $319.00 to $332.00 and gave the company an "overweight" rating in a research note on Friday, July 17th. Susquehanna cut their price target on Hilton Worldwide from $353.00 to $345.00 and set a "neutral" rating for the company in a report on Tuesday, August 11th. Finally, Barclays upped their price target on shares of Hilton Worldwide from $367.00 to $368.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $354.00.

About Hilton Worldwide

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.

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