Hilton Worldwide (NYSE:HLT) Price Target Raised to $360.00

Hilton Worldwide (NYSE:HLT) had its price target increased by The Goldman Sachs Group from $354.00 to $360.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also recently commented on HLT. Robert W. Baird upped their price target on shares of Hilton Worldwide from $285.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Argus raised their price target on shares of Hilton Worldwide from $350.00 to $380.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Wells Fargo & Company raised their price target on shares of Hilton Worldwide from $373.00 to $376.00 and gave the company an “overweight” rating in a report on Tuesday, April 14th. Morgan Stanley raised their price target on shares of Hilton Worldwide from $303.00 to $318.00 and gave the company an “overweight” rating in a report on Friday, April 10th. Finally, Sanford C. Bernstein raised their price target on shares of Hilton Worldwide from $304.00 to $322.00 in a report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Hilton Worldwide has a consensus rating of “Moderate Buy” and a consensus price target of $348.59.

Hilton Worldwide Trading Down 1.8%

Shares of HLT stock traded down $5.74 during trading on Wednesday, reaching $318.33. 1,732,862 shares of the company’s stock traded hands, compared to its average volume of 1,597,548. The company has a market capitalization of $72.47 billion, a P/E ratio of 48.60, a PEG ratio of 2.81 and a beta of 1.06. The firm’s 50-day moving average is $312.05 and its 200 day moving average is $294.81. Hilton Worldwide has a 1 year low of $235.20 and a 1 year high of $344.75.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.03. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $2.95 billion. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. Hilton Worldwide’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.72 EPS. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. As a group, sell-side analysts predict that Hilton Worldwide will post 9.05 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.15 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is 9.16%.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 114,289 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $317.47, for a total transaction of $36,283,328.83. Following the sale, the insider owned 36,445 shares in the company, valued at approximately $11,570,194.15. This trade represents a 75.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.70% of the company’s stock.

Institutional Trading of Hilton Worldwide

Several institutional investors and hedge funds have recently made changes to their positions in HLT. Norges Bank purchased a new stake in shares of Hilton Worldwide during the 4th quarter valued at $803,047,000. JPMorgan Chase & Co. raised its position in shares of Hilton Worldwide by 12.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock valued at $2,620,531,000 after buying an additional 1,132,880 shares in the last quarter. Two Sigma Investments LP raised its position in shares of Hilton Worldwide by 1,222.9% during the 3rd quarter. Two Sigma Investments LP now owns 820,991 shares of the company’s stock valued at $212,998,000 after buying an additional 758,930 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Hilton Worldwide by 126.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,138,294 shares of the company’s stock valued at $303,173,000 after buying an additional 635,220 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Hilton Worldwide by 10.4% during the 3rd quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock valued at $1,559,316,000 after buying an additional 567,651 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

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.