Handelsbanken Fonder AB Buys 34,557 Shares of Hilton Worldwide Holdings Inc. $HLT

Handelsbanken Fonder AB boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 52.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 100,290 shares of the company’s stock after purchasing an additional 34,557 shares during the period. Handelsbanken Fonder AB’s holdings in Hilton Worldwide were worth $33,142,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in HLT. NewEdge Advisors LLC increased its holdings in Hilton Worldwide by 25.6% during the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after buying an additional 465 shares during the last quarter. Empowered Funds LLC lifted its stake in Hilton Worldwide by 37.4% in the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock valued at $1,396,000 after acquiring an additional 1,669 shares during the last quarter. Woodline Partners LP grew its position in shares of Hilton Worldwide by 38.8% in the 1st quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock valued at $4,625,000 after acquiring an additional 5,687 shares during the period. Intech Investment Management LLC increased its stake in shares of Hilton Worldwide by 112.4% during the 1st quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock worth $1,247,000 after purchasing an additional 2,899 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Hilton Worldwide by 182.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock valued at $76,000 after purchasing an additional 215 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Stock Up 1.2%

Shares of HLT stock opened at $314.63 on Wednesday. The firm has a 50 day moving average price of $332.19 and a two-hundred day moving average price of $320.07. The company has a market capitalization of $70.81 billion, a PE ratio of 46.20, a price-to-earnings-growth ratio of 2.65 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 12-month low of $253.54 and a 12-month high of $358.00.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating the consensus estimate of $2.27 by $0.02. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.20 earnings per share. 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. As a group, research analysts expect that Hilton Worldwide Holdings Inc. will post 9.04 EPS for the current year.

Hilton Worldwide Dividend Announcement

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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 21st. Hilton Worldwide’s payout ratio is presently 8.81%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. lifted their price target on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Sanford C. Bernstein cut their price objective on Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a research report on Friday, May 15th. BMO Capital Markets lifted their target price on Hilton Worldwide from $325.00 to $345.00 and gave the stock a “market perform” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group boosted their target price on Hilton Worldwide from $354.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, TD Cowen increased their price target on Hilton Worldwide from $350.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Fourteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $352.68.

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.