Hilton Worldwide (NYSE:HLT) Price Target Raised to $387.00

Hilton Worldwide (NYSE:HLT) had its target price increased by HSBC from $353.00 to $387.00 in a research report report published on Wednesday morning,MarketScreener reports. The firm currently has a buy rating on the stock.

HLT has been the topic of a number of other research reports. Bank of America increased their price objective on shares of Hilton Worldwide from $324.00 to $375.00 in a research report on Monday, April 27th. Robert W. Baird increased their price objective on shares of Hilton Worldwide from $285.00 to $305.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Barclays increased their price objective on shares of Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research report on Wednesday. UBS Group increased their price objective on shares of Hilton Worldwide from $312.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Finally, Raymond James Financial increased their price target on shares of Hilton Worldwide from $300.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $348.59.

Hilton Worldwide Stock Down 1.8%

Shares of NYSE HLT traded down $5.74 during midday trading on Wednesday, hitting $318.33. The stock had a trading volume of 1,732,862 shares, compared to its average volume of 1,597,548. The business’s 50 day moving average is $312.05 and its 200-day moving average is $294.81. Hilton Worldwide has a 52 week low of $235.20 and a 52 week high of $344.75. The company has a market cap of $72.47 billion, a P/E ratio of 48.60, a PEG ratio of 2.81 and a beta of 1.06.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share 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 the consensus estimate of $2.95 billion. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.72 earnings per share. 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, analysts expect that Hilton Worldwide will post 9.05 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company 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. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.16%.

Insider Activity 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 directly owned 36,445 shares in the company, valued at $11,570,194.15. This trade represents a 75.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.70% of the stock is owned by insiders.

Institutional Trading of Hilton Worldwide

Several institutional investors and hedge funds have recently modified their holdings of the company. LGT Fund Management Co Ltd. raised its position in shares of Hilton Worldwide by 42.2% during the 1st quarter. LGT Fund Management Co Ltd. now owns 6,640 shares of the company’s stock valued at $2,019,000 after purchasing an additional 1,969 shares during the period. Diversify Wealth Management LLC bought a new stake in shares of Hilton Worldwide during the 1st quarter valued at $212,000. Fifth Third Bancorp raised its position in shares of Hilton Worldwide by 340.7% during the 1st quarter. Fifth Third Bancorp now owns 55,248 shares of the company’s stock valued at $16,800,000 after purchasing an additional 42,712 shares during the period. Simplicity Wealth LLC raised its position in shares of Hilton Worldwide by 9.7% during the 1st quarter. Simplicity Wealth LLC now owns 1,030 shares of the company’s stock valued at $313,000 after purchasing an additional 91 shares during the period. Finally, Sequoia Financial Advisors LLC raised its position in shares of Hilton Worldwide by 17.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 11,019 shares of the company’s stock valued at $3,351,000 after purchasing an additional 1,606 shares during the period. 95.90% of the stock is currently owned by institutional investors.

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.