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

Hilton Worldwide (NYSE:HLT) had its price objective raised by Robert W. Baird from $359.00 to $360.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other research firms also recently weighed in on HLT. Argus upped their target price on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, June 15th. The Goldman Sachs Group lifted their price target on Hilton Worldwide from $354.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price target on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Macquarie Infrastructure increased their price objective on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Finally, BMO Capital Markets raised their price objective on Hilton Worldwide from $325.00 to $345.00 and gave the company a “market perform” rating in a research report on Thursday, April 23rd. Fourteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $353.05.

Hilton Worldwide Trading Down 0.5%

Shares of HLT opened at $320.48 on Wednesday. Hilton Worldwide has a 1-year low of $253.54 and a 1-year high of $358.00. The firm’s 50-day moving average price is $334.14 and its 200-day moving average price is $319.05. The firm has a market capitalization of $72.13 billion, a price-to-earnings ratio of 47.06, a PEG ratio of 2.76 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the prior year, the firm earned $2.20 earnings per share. Hilton Worldwide’s revenue was up 6.5% on a year-over-year basis. 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, research analysts forecast that Hilton Worldwide will post 8.98 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be paid 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 dividend payout ratio is currently 8.81%.

Hedge Funds Weigh In On Hilton Worldwide

Several large investors have recently modified their holdings of the stock. Elevation Wealth Partners LLC raised its holdings in Hilton Worldwide by 1,128.6% in the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after buying an additional 79 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in shares of Hilton Worldwide during the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC increased its position in shares of Hilton Worldwide by 163.2% during the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock valued at $30,000 after acquiring an additional 62 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of Hilton Worldwide by 70.1% during the first quarter. Meeder Asset Management Inc. now owns 114 shares of the company’s stock valued at $35,000 after acquiring an additional 47 shares in the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in Hilton Worldwide in the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Company 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.