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

Hilton Worldwide (NYSE:HLT) had its price objective lifted by JPMorgan Chase & Co. from $365.00 to $387.00 in a report published on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research analysts also recently weighed in on the stock. Evercore raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research report on Tuesday, July 21st. Weiss Ratings cut shares of Hilton Worldwide from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 4th. Barclays upped their price objective on Hilton Worldwide from $368.00 to $384.00 and gave the company an “overweight” rating in a research note on Friday, October 16th. TD Cowen raised Hilton Worldwide to a “strong-buy” rating in a report on Tuesday, September 8th. Finally, Robert W. Baird raised their target price on Hilton Worldwide from $359.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $356.65.

Hilton Worldwide Trading Down 2.3%

Shares of Hilton Worldwide stock opened at $349.89 on Wednesday. Hilton Worldwide has a 12 month low of $253.54 and a 12 month high of $364.50. The firm has a market capitalization of $78.75 billion, a P/E ratio of 42.18, a price-to-earnings-growth ratio of 2.89 and a beta of 1.10. The business’s fifty day simple moving average is $322.43 and its 200 day simple moving average is $326.41.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the previous year, the business posted $2.20 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. 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. Analysts predict that Hilton Worldwide will post 9.08 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st were paid a $0.15 dividend. The ex-dividend date was Friday, August 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.

Insider Activity at Hilton Worldwide

In related news, Director Chris Carr sold 439 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $310.34, for a total value of $136,239.26. Following the completion of the transaction, the director directly owned 8,252 shares of the company’s stock, valued at approximately $2,560,925.68. This trade represents a 5.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Laura Fuentes sold 7,289 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the completion of the transaction, the insider directly owned 33,458 shares of the company’s stock, valued at approximately $10,365,622.98. This trade represents a 17.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Hilton Worldwide

Several institutional investors have recently made changes to their positions in HLT. BlackRock Inc. bought a new position in Hilton Worldwide in the 2nd quarter worth about $6,271,258,000. Bank of America Corp DE purchased a new position in Hilton Worldwide during the 2nd quarter valued at about $1,733,669,000. Jupiter Topco LLC purchased a new position in Hilton Worldwide during the 2nd quarter valued at about $663,882,000. Bank of New York Mellon Corp bought a new stake in shares of Hilton Worldwide during the second quarter valued at about $437,227,000. Finally, Legal & General Group Plc bought a new stake in shares of Hilton Worldwide during the second quarter valued at about $389,475,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio includes brands such as Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Hilton Garden Inn, Homewood Suites, Home2 Suites and Tru by Hilton.

The company provides accommodations and related services for business and leisure travelers, including guest rooms, meeting and event facilities, food and beverage operations, resort amenities and loyalty program benefits through Hilton Honors.