Hilton Worldwide Holdings Inc. $HLT Position Increased by Public Employees Retirement System of Ohio

Key Points

• The Public Employees Retirement System of Ohio increased its stake in Hilton Worldwide by 33.2%, now owning 98,239 shares valued at approximately $26.17 million.
• Hilton Worldwide recently reported earnings of $2.20 per share for the prior quarter, exceeding analysts' expectations and showing a 6.3% revenue increase year-over-year.
• The company declared a quarterly dividend of $0.15 per share, representing an annual yield of 0.2%, with a low payout ratio of 9.22%.

Public Employees Retirement System of Ohio raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 33.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 98,239 shares of the company's stock after buying an additional 24,467 shares during the period. Public Employees Retirement System of Ohio's holdings in Hilton Worldwide were worth $26,165,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC boosted its holdings in Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after buying an additional 74 shares in the last quarter. Beacon Capital Management LLC boosted its holdings in Hilton Worldwide by 76.0% during the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock worth $40,000 after buying an additional 76 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in Hilton Worldwide by 244.8% during the first quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock worth $45,000 after buying an additional 142 shares in the last quarter. Pinnacle Bancorp Inc. boosted its holdings in Hilton Worldwide by 35.0% during the second quarter. Pinnacle Bancorp Inc. now owns 216 shares of the company's stock worth $58,000 after buying an additional 56 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new stake in Hilton Worldwide during the first quarter worth approximately $54,000. 95.90% of the stock is currently owned by institutional investors.

Insider Activity at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction on 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 transaction, the insider owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

HLT has been the subject of several research analyst reports. Macquarie upped their price target on shares of Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Sanford C. Bernstein upped their price target on shares of Hilton Worldwide from $261.00 to $288.00 and gave the company a "market perform" rating in a research report on Tuesday, September 16th. Barclays reduced their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. Bank of America upped their price target 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. Finally, Robert W. Baird upped their price target on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat.com, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and an average price target of $265.88.

Hilton Worldwide Stock Up 0.1%

HLT stock opened at $263.86 on Thursday. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $279.80. The company has a market cap of $62.06 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 2.60 and a beta of 1.21. The company has a 50 day moving average of $270.49 and a two-hundred day moving average of $250.92.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the firm earned $1.91 EPS. The company'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. On average, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.