Carmel Capital Partners LLC Takes $1.92 Million Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Carmel Capital Partners LLC has invested approximately $1.92 million in Hilton Worldwide by acquiring 7,225 shares during the second quarter.
• Insider Christopher W. Silcock sold 11,905 shares of Hilton stock for over $3.2 million, reducing his position by 13.03%.
• Hilton Worldwide reported a quarterly revenue of $3.14 billion and earnings per share of $2.20, exceeding analyst estimates.

Carmel Capital Partners LLC purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,225 shares of the company's stock, valued at approximately $1,924,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. AG2R LA Mondiale Gestion D Actifs acquired a new stake in Hilton Worldwide during the first quarter valued at $2,262,000. Sowell Financial Services LLC acquired a new stake in Hilton Worldwide during the first quarter valued at $314,000. Artemis Investment Management LLP boosted its position in Hilton Worldwide by 3.9% during the first quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock valued at $37,155,000 after purchasing an additional 6,146 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position 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 valued at $1,100,530,000 after purchasing an additional 364,307 shares during the last quarter. Finally, Malaga Cove Capital LLC acquired a new stake in Hilton Worldwide during the first quarter valued at $316,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the completion of the transaction, the insider owned 79,451 shares of the company's stock, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.60% of the company's stock.

Hilton Worldwide Stock Performance

NYSE HLT opened at $260.29 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The stock has a market capitalization of $61.22 billion, a PE ratio of 39.98, a P/E/G ratio of 2.54 and a beta of 1.19. The stock has a 50-day simple moving average of $268.09 and a 200 day simple moving average of $254.45.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted 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. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The business had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the previous year, the firm earned $1.91 EPS. The firm's revenue was up 6.3% compared to the same quarter last year. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. As a group, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HLT. Macquarie lifted their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Evercore ISI lifted their price objective on Hilton Worldwide from $270.00 to $280.00 and gave the company an "in-line" rating in a research report on Tuesday. Barclays reduced their price objective on Hilton Worldwide from $291.00 to $288.00 and set an "overweight" rating for the company in a research report on Friday, October 3rd. Robert W. Baird reduced their price target on Hilton Worldwide from $278.00 to $275.00 and set an "outperform" rating for the company in a research report on Friday. Finally, Truist Financial boosted their price target on Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $267.69.

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.

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