KLP Kapitalforvaltning AS Buys 1,900 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• KLP Kapitalforvaltning AS increased its stake in Hilton Worldwide Holdings Inc. to 112,960 shares, after purchasing an additional 1,900 shares in Q2, with their holdings valued at approximately $30.1 million.
• Hilton Worldwide reported earnings of $2.20 per share for its last quarter, exceeding analysts' expectations of $2.04, alongside a revenue of $3.14 billion.
• The company declared a quarterly dividend of $0.15, reflecting an annualized payout of $0.60 and a dividend yield of 0.2%.

KLP Kapitalforvaltning AS grew its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,960 shares of the company's stock after buying an additional 1,900 shares during the period. KLP Kapitalforvaltning AS's holdings in Hilton Worldwide were worth $30,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bingham Private Wealth LLC raised its position in shares of Hilton Worldwide by 2.9% during the second quarter. Bingham Private Wealth LLC now owns 2,719 shares of the company's stock valued at $724,000 after buying an additional 77 shares during the last quarter. Meitav Investment House Ltd. raised its position in shares of Hilton Worldwide by 2.3% during the second quarter. Meitav Investment House Ltd. now owns 2,196 shares of the company's stock valued at $585,000 after buying an additional 49 shares during the last quarter. Relyea Zuckerberg Hanson LLC raised its position in shares of Hilton Worldwide by 2.8% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company's stock valued at $385,000 after buying an additional 40 shares during the last quarter. Valley National Advisers Inc. raised its position in shares of Hilton Worldwide by 28.0% during the second quarter. Valley National Advisers Inc. now owns 256 shares of the company's stock valued at $67,000 after buying an additional 56 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its position in shares of Hilton Worldwide by 8.8% during the second quarter. Valeo Financial Advisors LLC now owns 1,515 shares of the company's stock valued at $404,000 after buying an additional 123 shares during the last quarter. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Down 0.7%

HLT stock opened at $258.46 on Wednesday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The stock has a market capitalization of $60.79 billion, a price-to-earnings ratio of 39.70, a price-to-earnings-growth ratio of 2.56 and a beta of 1.19. The firm's fifty day simple moving average is $268.39 and its two-hundred day simple moving average is $252.89.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. The firm had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The business's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.91 earnings per share. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. As a group, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were issued a $0.15 dividend. The ex-dividend date was Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide's dividend payout ratio is presently 9.22%.

Analysts Set New Price Targets

HLT has been the topic of several recent analyst reports. Raymond James Financial lifted their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. Barclays reduced their price target on shares of Hilton Worldwide from $291.00 to $288.00 and set an "overweight" rating on the stock in a research report on Friday, October 3rd. Truist Financial boosted their price target on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. Weiss Ratings restated a "buy (b)" rating on shares of Hilton Worldwide in a research report on Saturday, September 27th. Finally, Robert W. Baird boosted their price target on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of "Moderate Buy" and an average target price of $265.69.

Insider Activity at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value of $3,207,207.00. Following the transaction, the insider directly owned 79,451 shares in the company, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.60% of the company's stock.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.

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