Westpac Banking Corp Buys New Shares in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Westpac Banking Corp initiated a Hilton Worldwide position by buying 11,087 shares worth approximately $3.66 million in the second quarter. Institutional investors and hedge funds collectively own 95.9% of Hilton’s outstanding stock.
• Hilton reported quarterly EPS of $2.29, slightly exceeding estimates of $2.27, while revenue rose 6.5% year over year. Management guided for third-quarter 2026 EPS of $2.28–$2.34 and full-year EPS of $8.89–$9.01.
• Shares opened at $326.76, below the analyst consensus price target of $353.82; the stock carries a “Moderate Buy” consensus rating. Hilton also declared a quarterly dividend of $0.15 per share, implying a 0.2% annual yield.

Westpac Banking Corp purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,087 shares of the company's stock, valued at approximately $3,664,000.

A number of other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Hilton Worldwide during the second quarter worth about $6,271,258,000. Geode Capital Management LLC raised its position in Hilton Worldwide by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 6,448,978 shares of the company's stock worth $1,852,650,000 after buying an additional 31,364 shares during the last quarter. Franklin Resources Inc. lifted its stake in Hilton Worldwide by 4.7% during the 4th quarter. Franklin Resources Inc. now owns 6,294,665 shares of the company's stock valued at $1,808,143,000 after acquiring an additional 284,352 shares during the period. Bank of America Corp DE boosted its holdings in shares of Hilton Worldwide by 0.7% in the 1st quarter. Bank of America Corp DE now owns 5,946,576 shares of the company's stock valued at $1,808,235,000 after acquiring an additional 40,343 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Hilton Worldwide by 10.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,092,347 shares of the company's stock worth $1,462,778,000 after acquiring an additional 475,896 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Stock Down 0.9%

NYSE:HLT opened at $326.76 on Friday. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The stock's 50-day moving average price is $330.05 and its 200-day moving average price is $321.58. The stock has a market capitalization of $73.54 billion, a PE ratio of 47.98, a price-to-earnings-growth ratio of 2.79 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, topping analysts' consensus estimates 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.20 EPS. 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 Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently issued reports on HLT. CICC Research assumed coverage on shares of Hilton Worldwide in a research report on Wednesday, August 12th. They set an "outperform" rating for the company. Mizuho lifted their price objective on Hilton Worldwide from $321.00 to $326.00 and gave the company a "neutral" rating in a research note on Tuesday, April 28th. China Intl Cap upgraded Hilton Worldwide to a "strong-buy" rating in a research note on Wednesday, August 12th. UBS Group reiterated a "buy" rating and set a $363.00 price target on shares of Hilton Worldwide in a research report on Friday, August 14th. Finally, Susquehanna lowered their price objective on Hilton Worldwide from $353.00 to $345.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $353.82.

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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