Hilton Worldwide (NYSE:HLT) Price Target Raised to $379.00

Hilton Worldwide (NYSE:HLT) had its price objective upped by Wells Fargo & Company from $376.00 to $379.00 in a report released on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Other analysts have also issued research reports about the stock. Sanford C. Bernstein decreased their target price on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a research report on Friday, May 15th. Morgan Stanley increased their price target on Hilton Worldwide from $318.00 to $319.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Evercore lifted their price objective on Hilton Worldwide from $335.00 to $350.00 in a research report on Friday, April 24th. BMO Capital Markets upped their target price on Hilton Worldwide from $325.00 to $345.00 and gave the company a “market perform” rating in a research note on Thursday, April 23rd. Finally, Susquehanna increased their target price on Hilton Worldwide from $345.00 to $353.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $350.18.

Hilton Worldwide Trading Down 0.3%

Shares of HLT stock opened at $322.23 on Thursday. The company has a market capitalization of $73.36 billion, a price-to-earnings ratio of 49.20, a PEG ratio of 2.80 and a beta of 1.05. The firm has a 50-day moving average price of $332.95 and a 200 day moving average price of $316.86. Hilton Worldwide has a twelve month low of $253.54 and a twelve month high of $358.00.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.03. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations 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 period last year, the company earned $1.72 EPS. 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, research analysts predict that Hilton Worldwide will post 9.03 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 22nd. Hilton Worldwide’s payout ratio is 9.16%.

Institutional Investors Weigh In On Hilton Worldwide

A number of large investors have recently added to or reduced their stakes in HLT. Mirae Asset Global Investments Co. Ltd. increased its holdings in 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 worth $14,255,000 after purchasing an additional 7,339 shares during the last quarter. Allstate Corp boosted its stake in shares of Hilton Worldwide by 100.2% during the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after buying an additional 8,348 shares during the last quarter. Cumberland Partners Ltd boosted its stake in shares of Hilton Worldwide by 100.0% during the 4th quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock valued at $4,309,000 after buying an additional 7,500 shares during the last quarter. Fulton Breakefield Broenniman LLC acquired a new stake in shares of Hilton Worldwide during the fourth quarter worth approximately $7,032,000. Finally, Swiss Life Asset Management Ltd increased its stake in shares of Hilton Worldwide by 14.5% in the third quarter. Swiss Life Asset Management Ltd now owns 40,433 shares of the company’s stock worth $10,490,000 after buying an additional 5,118 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

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.