Legal & General Group Plc Acquires Shares of 1,178,584 Hilton Worldwide Holdings Inc. $HLT

Legal & General Group Plc bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,178,584 shares of the company’s stock, valued at approximately $389,475,000.

Several other institutional investors have also recently made changes to their positions in HLT. The Manufacturers Life Insurance Company purchased a new position in shares of Hilton Worldwide in the 2nd quarter valued at approximately $37,657,000. Broad Run Investment Management LLC bought a new position in Hilton Worldwide in the second quarter worth $21,195,000. Fiduciary Financial Advisors bought a new position in Hilton Worldwide in the second quarter worth $36,000. L2 Asset Management LLC purchased a new position in Hilton Worldwide during the second quarter valued at $422,000. Finally, Vega Investment Solutions bought a new stake in shares of Hilton Worldwide during the 2nd quarter valued at $731,000. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $329.72 on Wednesday. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The firm’s 50-day moving average is $329.30 and its 200 day moving average is $322.04. The stock has a market cap of $74.21 billion, a price-to-earnings ratio of 48.42, a PEG ratio of 2.80 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The business 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%. Hilton Worldwide’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business earned $2.20 EPS. 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 9.08 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is 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 8.81%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HLT. Wells Fargo & Company upped their target price on shares of Hilton Worldwide from $379.00 to $382.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. The Goldman Sachs Group boosted their price objective on shares of Hilton Worldwide from $354.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Mizuho upped their price objective on shares of Hilton Worldwide from $321.00 to $326.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Evercore raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research note on Tuesday, July 21st. Finally, Susquehanna dropped their price target on Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $353.82.

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.