Hilton Worldwide (NYSE:HLT) Price Target Raised to $384.00

Hilton Worldwide (NYSE:HLT) had its price target raised by Barclays from $368.00 to $384.00 in a report issued on Friday,Benzinga reports. They currently have an overweight rating on the stock.

HLT has been the subject of a number of other research reports. Robert W. Baird lifted their price objective on shares of Hilton Worldwide from $359.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Morgan Stanley upped their price objective on shares of Hilton Worldwide from $332.00 to $336.00 and gave the stock an “overweight” rating in a research report on Monday, October 12th. China Intl Cap raised shares of Hilton Worldwide to a “strong-buy” rating in a research note on Wednesday, August 12th. Evercore upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research report on Tuesday, July 21st. Finally, Truist Financial raised their target price on Hilton Worldwide from $312.00 to $316.00 and gave the company a “hold” rating in a research report on Thursday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $355.09.

Hilton Worldwide Price Performance

Shares of NYSE HLT opened at $344.95 on Friday. The stock has a market capitalization of $77.64 billion, a price-to-earnings ratio of 50.65, a PEG ratio of 2.79 and a beta of 1.10. The firm’s 50 day simple moving average is $318.86 and its 200-day simple moving average is $324.81. Hilton Worldwide 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 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the firm earned $2.20 EPS. The business’s quarterly 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. Analysts anticipate that Hilton Worldwide will post 9.07 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, August 21st were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 8.81%.

Insiders Place Their Bets

In related news, insider Laura Fuentes sold 7,289 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $309.81, for a total value of $2,258,205.09. Following the completion of the sale, the insider owned 33,458 shares of the company’s stock, valued at approximately $10,365,622.98. The trade was a 17.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Chris Carr sold 439 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $310.34, for a total transaction of $136,239.26. Following the transaction, the director owned 8,252 shares of the company’s stock, valued at $2,560,925.68. This represents a 5.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.70% of the stock is currently owned by company insiders.

Institutional Trading of Hilton Worldwide

A number of institutional investors and hedge funds have recently modified their holdings of HLT. Empowered Funds LLC purchased a new stake in shares of Hilton Worldwide during the second quarter worth $10,140,000. Jefferies Financial Group Inc. acquired a new stake in shares of Hilton Worldwide in the second quarter valued at about $1,909,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Hilton Worldwide by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 200,598 shares of the company’s stock worth $66,290,000 after buying an additional 4,700 shares in the last quarter. Nykredit A S acquired a new position in Hilton Worldwide during the second quarter worth about $41,279,000. Finally, Bank of America Corp DE purchased a new stake in Hilton Worldwide during the 2nd quarter valued at about $1,733,669,000. 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, franchises and licenses hotels, resorts and other lodging properties. Its portfolio includes brands such as Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Hilton Garden Inn, Homewood Suites, Home2 Suites and Tru by Hilton.

The company provides accommodations and related services for business and leisure travelers, including guest rooms, meeting and event facilities, food and beverage operations, resort amenities and loyalty program benefits through Hilton Honors.