Sumitomo Life Insurance Co. Buys New Shares in Hilton Worldwide Holdings Inc. $HLT

Sumitomo Life Insurance Co. purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the second quarter, Holdings Channel reports. The fund purchased 4,038 shares of the company’s stock, valued at approximately $1,334,000.

Other large investors have also recently bought and sold shares of the company. Allstate Corp grew its position in shares of Hilton Worldwide by 100.2% during the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock worth $4,791,000 after buying an additional 8,348 shares during the period. Cumberland Partners Ltd lifted its position in shares of Hilton Worldwide by 100.0% during the 4th quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock valued at $4,309,000 after acquiring an additional 7,500 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Hilton Worldwide by 4.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company’s stock valued at $143,944,000 after acquiring an additional 22,249 shares during the period. Applied Finance Capital Management LLC boosted its stake in Hilton Worldwide by 96.7% during the fourth quarter. Applied Finance Capital Management LLC now owns 10,282 shares of the company’s stock worth $2,954,000 after acquiring an additional 5,055 shares in the last quarter. Finally, Amundi grew its holdings in Hilton Worldwide by 4.0% in the first quarter. Amundi now owns 1,338,426 shares of the company’s stock worth $406,989,000 after purchasing an additional 51,767 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Trading Down 0.9%

Shares of HLT stock opened at $326.76 on Friday. The firm has a fifty day simple moving average of $330.05 and a two-hundred day simple moving average of $321.58. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00. The firm 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) last released its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the firm 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. On average, equities analysts predict 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 declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.

Analysts Set New Price Targets

Several research firms have weighed in on HLT. Robert W. Baird lifted their price target on shares of Hilton Worldwide from $359.00 to $360.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Bank of America raised their target price on Hilton Worldwide from $324.00 to $375.00 in a research note on Monday, April 27th. Macquarie Infrastructure boosted their target price on Hilton Worldwide from $296.00 to $320.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Mizuho upped their price target on Hilton Worldwide from $321.00 to $326.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Finally, Wells Fargo & Company increased their price target on Hilton Worldwide from $379.00 to $382.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and an average price target of $353.82.

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.