Connor Clark & Lunn Investment Management Ltd. Takes $45.23 Million Position in Hilton Worldwide Holdings Inc. $HLT

Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 136,871 shares of the company’s stock, valued at approximately $45,230,000.

Several other institutional investors also recently added to or reduced their stakes in HLT. CYBER HORNET ETFs LLC lifted its holdings in shares of Hilton Worldwide by 4.7% during the fourth quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company’s stock worth $207,000 after buying an additional 32 shares during the last quarter. Waddell & Associates LLC grew its stake in shares of Hilton Worldwide by 1.8% in the fourth quarter. Waddell & Associates LLC now owns 1,800 shares of the company’s stock worth $517,000 after acquiring an additional 32 shares during the last quarter. Eaton Financial Holdings Company LLC increased its position in Hilton Worldwide by 1.2% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 2,782 shares of the company’s stock worth $799,000 after acquiring an additional 34 shares during the period. Quent Capital LLC raised its stake in Hilton Worldwide by 3.8% during the 4th quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $287,000 after purchasing an additional 37 shares during the last quarter. Finally, L2 Asset Management LLC boosted its holdings in Hilton Worldwide by 3.6% in the 3rd quarter. L2 Asset Management LLC now owns 1,084 shares of the company’s stock valued at $281,000 after purchasing an additional 38 shares during the period. 95.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HLT shares. JPMorgan Chase & Co. raised their price target on shares of Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Morgan Stanley lifted their target price on Hilton Worldwide from $319.00 to $332.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Sanford C. Bernstein cut their price target on Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a report on Friday, May 15th. Rothschild & Co Redburn raised their price objective on Hilton Worldwide from $320.00 to $325.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company lifted their price objective on Hilton Worldwide from $379.00 to $382.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Hilton Worldwide has a consensus rating of “Moderate Buy” and a consensus target price of $353.82.

Hilton Worldwide Stock Performance

Shares of Hilton Worldwide stock opened at $330.20 on Tuesday. The firm has a market cap of $74.32 billion, a P/E ratio of 48.49, a price-to-earnings-growth ratio of 2.77 and a beta of 1.05. The firm’s 50-day simple moving average is $329.72 and its 200-day simple moving average is $321.90. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.02. The firm had revenue of $1.38 billion during 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 company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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 forecast that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is 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 is currently 8.81%.

Hilton Worldwide 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.