CIBC Asset Management Inc Increases Position in Hilton Worldwide Holdings Inc. $HLT

CIBC Asset Management Inc lifted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 64.5% in the 4th quarter, Holdings Channel reports. The firm owned 55,837 shares of the company’s stock after purchasing an additional 21,895 shares during the quarter. CIBC Asset Management Inc’s holdings in Hilton Worldwide were worth $16,039,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Hilton Worldwide by 17.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,626 shares of the company’s stock valued at $14,255,000 after acquiring an additional 7,339 shares during the period. Candriam S.C.A. grew its holdings in shares of Hilton Worldwide by 11.2% in the 3rd quarter. Candriam S.C.A. now owns 73,823 shares of the company’s stock worth $19,153,000 after acquiring an additional 7,441 shares during the period. Allstate Corp increased its stake in Hilton Worldwide by 100.2% in the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after purchasing an additional 8,348 shares in the last quarter. Fulton Breakefield Broenniman LLC purchased a new position in Hilton Worldwide in the 4th quarter valued at approximately $7,032,000. Finally, Dynamic Technology Lab Private Ltd raised its holdings in Hilton Worldwide by 149.8% during the third quarter. Dynamic Technology Lab Private Ltd now owns 18,637 shares of the company’s stock worth $4,835,000 after purchasing an additional 11,176 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on HLT shares. Wells Fargo & Company upped their target price on Hilton Worldwide from $373.00 to $376.00 and gave the company an “overweight” rating in a report on Tuesday, April 14th. UBS Group lifted their price target on Hilton Worldwide from $360.00 to $371.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Rothschild & Co Redburn increased their price objective on shares of Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Bank of America raised their target price on shares of Hilton Worldwide from $324.00 to $375.00 in a report on Monday, April 27th. Finally, Morgan Stanley lifted their target price on shares of Hilton Worldwide from $318.00 to $319.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.55.

Hilton Worldwide Stock Up 2.2%

NYSE HLT opened at $338.63 on Friday. Hilton Worldwide Holdings Inc. has a fifty-two week low of $241.45 and a fifty-two week high of $344.75. The business has a fifty day moving average of $321.24 and a 200-day moving average of $304.54. The stock has a market cap of $77.09 billion, a price-to-earnings ratio of 51.70, a price-to-earnings-growth ratio of 2.89 and a beta of 1.04.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter last year, the business posted $1.72 EPS. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. 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 anticipate that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.

Hilton Worldwide Dividend Announcement

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 $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, May 22nd. Hilton Worldwide’s payout ratio is currently 9.16%.

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.