1,002 Shares in Hilton Worldwide Holdings Inc. $HLT Bought by Patton Fund Management Inc.

Key Points

• Patton Fund Management Inc. bought 1,002 shares of Hilton Worldwide Holdings Inc. worth approximately $267,000 in the second quarter, reflecting growing interest from institutional investors in the hospitality sector.
• Insider Christopher W. Silcock sold 11,905 shares, decreasing his ownership by 13.03%, while 95.90% of Hilton's stock is owned by hedge funds and institutional investors.
• Hilton's recent quarterly earnings report showed $2.20 earnings per share, exceeding analyst expectations, and the company's stock price currently has an average target of $265.88 with several analysts issuing "buy" ratings.

Patton Fund Management Inc. purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,002 shares of the company's stock, valued at approximately $267,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. CX Institutional boosted its position in Hilton Worldwide by 8.6% during the 2nd quarter. CX Institutional now owns 1,975 shares of the company's stock worth $526,000 after purchasing an additional 156 shares during the period. PineStone Asset Management Inc. boosted its position in Hilton Worldwide by 39.4% in the 2nd quarter. PineStone Asset Management Inc. now owns 844,534 shares of the company's stock valued at $224,933,000 after buying an additional 238,492 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH purchased a new position in Hilton Worldwide in the 2nd quarter valued at about $176,000. Perigon Wealth Management LLC boosted its position in Hilton Worldwide by 17.2% in the 2nd quarter. Perigon Wealth Management LLC now owns 1,332 shares of the company's stock valued at $355,000 after buying an additional 195 shares during the last quarter. Finally, Palumbo Wealth Management LLC boosted its position in Hilton Worldwide by 3.4% in the 2nd quarter. Palumbo Wealth Management LLC now owns 3,563 shares of the company's stock valued at $949,000 after buying an additional 118 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the sale, the insider owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HLT shares. Truist Financial upped their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research report on Thursday, July 24th. Bank of America upped their price objective on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Raymond James Financial upped their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. Barclays reduced their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a research report on Thursday, July 24th. Finally, Sanford C. Bernstein increased their price target on shares of Hilton Worldwide from $261.00 to $288.00 and gave the stock a "market perform" rating in a research report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $265.88.

Hilton Worldwide Stock Up 0.2%

HLT opened at $261.76 on Friday. The firm has a market cap of $61.56 billion, a price-to-earnings ratio of 40.21, a price-to-earnings-growth ratio of 2.58 and a beta of 1.21. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.80. The company's 50-day moving average price is $270.06 and its 200 day moving average price is $251.45.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.16. The firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. Hilton Worldwide's quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.91 earnings per share. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. Research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, August 29th. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide's dividend payout ratio is 9.22%.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.

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