Hilton Worldwide Holdings Inc. $HLT Shares Acquired by Beck Mack & Oliver LLC

Key Points

• Beck Mack & Oliver LLC increased its stake in Hilton Worldwide Holdings Inc. by 1.3%, owning approximately 431,992 shares valued at about $98.3 million.
• Hilton Worldwide reported a quarterly earnings per share of $2.20, surpassing analysts' expectations, with revenue rising 6.3% year-over-year.
• The company announced a quarterly dividend of$0.15 per share, reflecting an annualized yield of 0.2%, with a low payout ratio of 9.22%.

Beck Mack & Oliver LLC grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 431,992 shares of the company's stock after purchasing an additional 5,482 shares during the period. Hilton Worldwide comprises 2.0% of Beck Mack & Oliver LLC's holdings, making the stock its 21st largest holding. Beck Mack & Oliver LLC owned 0.18% of Hilton Worldwide worth $98,300,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in Hilton Worldwide by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 25,115,086 shares of the company's stock worth $5,714,938,000 after acquiring an additional 104,802 shares during the period. Massachusetts Financial Services Co. MA increased its stake in Hilton Worldwide by 8.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock worth $1,100,530,000 after purchasing an additional 364,307 shares during the period. Jennison Associates LLC raised its stake in shares of Hilton Worldwide by 11.3% during the first quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock worth $861,132,000 after purchasing an additional 385,096 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Hilton Worldwide by 30.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock worth $487,135,000 after buying an additional 494,224 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Hilton Worldwide by 18.9% in the 1st quarter. Wellington Management Group LLP now owns 1,691,871 shares of the company's stock worth $384,985,000 after acquiring an additional 268,889 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT traded down $1.07 during trading hours on Wednesday, hitting $274.94. 1,235,712 shares of the company's stock traded hands, compared to its average volume of 1,366,996. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.73. The company's fifty day simple moving average is $270.14 and its two-hundred day simple moving average is $249.67. The company has a market cap of $64.66 billion, a price-to-earnings ratio of 42.23, a price-to-earnings-growth ratio of 2.72 and a beta of 1.21.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its earnings results 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 business 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%. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.91 EPS. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. On average, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders 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 dividend yield of 0.2%. Hilton Worldwide's dividend payout ratio is presently 9.22%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and increased their target price for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Barclays decreased their price objective on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a report on Thursday, July 24th. Raymond James Financial increased their target price on Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Finally, Macquarie raised their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, Hilton Worldwide has a consensus rating of "Moderate Buy" and an average target price of $264.40.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $269.40, for a total value of $3,207,207.00. Following the transaction, the insider directly owned 79,451 shares of the company's stock, valued at $21,404,099.40. The trade was a 13.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.60% of the company's stock.

About Hilton Worldwide

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.