Congress Asset Management Co. cut its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 328,708 shares of the company’s stock after selling 16,544 shares during the period. Congress Asset Management Co.’s holdings in Hilton Worldwide were worth $104,569,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Waddell & Associates LLC grew its holdings in Hilton Worldwide by 1.8% during the fourth quarter. Waddell & Associates LLC now owns 1,800 shares of the company’s stock worth $517,000 after purchasing an additional 32 shares during the period. Range Advisory LLC raised its stake in Hilton Worldwide by 4.5% in the second quarter. Range Advisory LLC now owns 860 shares of the company’s stock valued at $284,000 after buying an additional 37 shares during the period. Nilsine Partners LLC lifted its position in shares of Hilton Worldwide by 2.2% in the second quarter. Nilsine Partners LLC now owns 1,776 shares of the company’s stock valued at $587,000 after buying an additional 38 shares during the last quarter. Meiji Yasuda Life Insurance Co lifted its position in shares of Hilton Worldwide by 1.1% in the second quarter. Meiji Yasuda Life Insurance Co now owns 3,560 shares of the company’s stock valued at $1,176,000 after buying an additional 40 shares during the last quarter. Finally, Angeles Wealth Management LLC boosted its stake in shares of Hilton Worldwide by 2.5% during the 2nd quarter. Angeles Wealth Management LLC now owns 1,673 shares of the company’s stock worth $553,000 after acquiring an additional 41 shares during the period. 95.90% of the stock is owned by institutional investors.
Insider Activity at Hilton Worldwide
In other Hilton Worldwide news, insider Laura Fuentes sold 7,289 shares of the company’s stock in a transaction 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 sale, the insider directly owned 33,458 shares in the company, valued at $10,365,622.98. This represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Chris Carr sold 439 shares of Hilton Worldwide stock in a transaction 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 owned 8,252 shares in the company, valued at approximately $2,560,925.68. The trade was a 5.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.70% of the stock is owned by insiders.
Hilton Worldwide Stock Performance
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating 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 company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the firm 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. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current fiscal year.
Hilton Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, August 21st were paid a $0.15 dividend. 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, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is 8.81%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on HLT shares. Robert W. Baird increased their price target on Hilton Worldwide from $359.00 to $360.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Susquehanna decreased their price objective on shares of Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a report on Tuesday, August 11th. China Intl Cap raised shares of Hilton Worldwide to a “strong-buy” rating in a research report on Wednesday, August 12th. Morgan Stanley raised their target price on shares of Hilton Worldwide from $319.00 to $332.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, CICC Research initiated coverage on shares of Hilton Worldwide in a research note on Wednesday, August 12th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $354.00.
View Our Latest Research Report on HLT
Hilton Worldwide Profile
Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels, resorts and other lodging properties. The company serves business and leisure travelers through a broad portfolio of brands spanning luxury, full-service, focused-service, extended-stay and lifestyle accommodations.
Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tru by Hilton, Canopy by Hilton, Curio Collection by Hilton, Motto by Hilton and additional specialty brands.
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