Perigon Wealth Management LLC Invests $608,000 in Hilton Worldwide Holdings Inc. $HLT

Perigon Wealth Management LLC acquired a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 1,839 shares of the company’s stock, valued at approximately $608,000.

Several other large investors also recently bought and sold shares of the business. Allstate Corp lifted its holdings 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 period. Cumberland Partners Ltd grew its holdings in shares of Hilton Worldwide by 100.0% in the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock worth $4,309,000 after acquiring an additional 7,500 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Hilton Worldwide by 4.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company’s stock valued at $143,944,000 after acquiring an additional 22,249 shares during the last quarter. Applied Finance Capital Management LLC lifted its holdings in Hilton Worldwide by 96.7% in the fourth quarter. Applied Finance Capital Management LLC now owns 10,282 shares of the company’s stock valued at $2,954,000 after acquiring an additional 5,055 shares during the period. Finally, Amundi lifted its holdings in Hilton Worldwide by 4.0% in the first quarter. Amundi now owns 1,338,426 shares of the company’s stock valued at $406,989,000 after acquiring an additional 51,767 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Stock Up 2.1%

Shares of Hilton Worldwide stock opened at $334.73 on Thursday. The company has a market capitalization of $75.34 billion, a price-to-earnings ratio of 49.15, a PEG ratio of 2.78 and a beta of 1.05. The stock’s 50-day simple moving average is $330.69 and its 200-day simple moving average is $321.33. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00.

Hilton Worldwide (NYSE:HLT) last released its 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 analysts’ expectations of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The firm’s revenue was up 6.5% on a year-over-year basis. During the same quarter last 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 expect that Hilton Worldwide Holdings Inc. will post 9.07 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 21st. Hilton Worldwide’s payout ratio is 8.81%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Mizuho boosted their price target on Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Robert W. Baird increased their price objective on shares of Hilton Worldwide from $359.00 to $360.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Barclays raised their price objective on shares of Hilton Worldwide from $367.00 to $368.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Truist Financial boosted their target price on shares of Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Finally, Rothschild & Co Redburn increased their price target on shares of Hilton Worldwide from $320.00 to $325.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $353.82.

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.