HighTower Advisors LLC Sells 23,534 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• HighTower Advisors reduced its Hilton Worldwide stake by 13.6% in the second quarter, selling 23,534 shares and retaining 149,195 shares worth approximately $49.3 million. Institutional investors collectively own 95.9% of HLT.
• Analysts remain broadly positive, with Hilton holding a “Moderate Buy” consensus rating and an average price target of $353.82; JPMorgan and Robert W. Baird recently raised their targets.
• Hilton reported quarterly EPS of $2.29, slightly above expectations, while revenue rose 6.5% year over year. The company also announced a quarterly dividend of $0.15 per share, equivalent to a 0.2% annualized yield.

HighTower Advisors LLC cut its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 13.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,195 shares of the company's stock after selling 23,534 shares during the quarter. HighTower Advisors LLC owned about 0.07% of Hilton Worldwide worth $49,303,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in HLT. CYBER HORNET ETFs LLC boosted its position in shares of Hilton Worldwide by 4.7% during the 4th quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company's stock worth $207,000 after purchasing an additional 32 shares in the last quarter. Waddell & Associates LLC raised its stake in Hilton Worldwide by 1.8% during the 4th quarter. Waddell & Associates LLC now owns 1,800 shares of the company's stock worth $517,000 after buying an additional 32 shares during the period. Eaton Financial Holdings Company LLC grew its stake in Hilton Worldwide by 1.2% in the fourth quarter. Eaton Financial Holdings Company LLC now owns 2,782 shares of the company's stock valued at $799,000 after acquiring an additional 34 shares during the period. L2 Asset Management LLC increased its holdings in shares of Hilton Worldwide by 3.6% during the third quarter. L2 Asset Management LLC now owns 1,084 shares of the company's stock valued at $281,000 after acquiring an additional 38 shares in the last quarter. Finally, Nilsine Partners LLC lifted its holdings in shares of Hilton Worldwide by 2.2% in the 2nd quarter. Nilsine Partners LLC now owns 1,776 shares of the company's stock worth $587,000 after purchasing an additional 38 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on HLT shares. Weiss Ratings lowered shares of Hilton Worldwide from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday. Evercore upgraded shares of Hilton Worldwide from an "in-line" rating to an "outperform" rating in a report on Tuesday, July 21st. CICC Research assumed coverage on Hilton Worldwide in a research note on Wednesday, August 12th. They set an "outperform" rating for the company. JPMorgan Chase & Co. increased their price objective on Hilton Worldwide from $363.00 to $365.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 21st. Finally, Robert W. Baird lifted their target price on Hilton Worldwide from $359.00 to $360.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $353.82.

Hilton Worldwide Stock Down 0.1%

HLT stock opened at $310.97 on Tuesday. The firm has a market cap of $69.99 billion, a PE ratio of 45.66, a P/E/G ratio of 2.51 and a beta of 1.05. The business has a 50 day moving average of $324.68 and a 200-day moving average of $322.06. Hilton Worldwide Holdings Inc. has a 12-month low of $253.54 and a 12-month high of $358.00.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.02. The business had revenue of $1.38 billion for 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 business's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.20 earnings per share. 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, research analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be 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 is Friday, August 21st. Hilton Worldwide's payout ratio is presently 8.81%.

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.

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