Hilton Worldwide Holdings Inc. $HLT Shares Sold by Congress Asset Management Co.

Key Points

• Congress Asset Management reduced its Hilton Worldwide stake by 4.8% in the third quarter, selling 16,544 shares and retaining 328,708 shares worth approximately $104.6 million. Institutional investors collectively own 95.9% of HLT.
• Analyst sentiment remains positive, with Hilton carrying a consensus “Moderate Buy” rating and an average price target of $354. Several firms recently upgraded the stock, including Deutsche Bank, Evercore and China International Capital.
• HLT shares recently traded at $322.67, while Hilton reported quarterly EPS of $2.29, slightly above estimates, and revenue growth of 6.5% year over year. The company also declared a quarterly dividend of $0.15 per share, equivalent to a 0.2% yield.

Congress Asset Management Co. cut its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 328,708 shares of the company's stock after selling 16,544 shares during the quarter. Congress Asset Management Co. owned about 0.15% of Hilton Worldwide worth $104,569,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Frazier Financial Advisors LLC acquired a new stake in shares of Hilton Worldwide during the second quarter worth $25,000. IMG Wealth Management Inc. bought a new position in Hilton Worldwide during the second quarter worth about $26,000. Trust Co. of Vermont bought a new position in Hilton Worldwide during the second quarter worth about $26,000. Elevation Wealth Partners LLC raised its position in shares of Hilton Worldwide by 1,128.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company's stock valued at $28,000 after acquiring an additional 79 shares during the period. Finally, Continuum Advisory LLC acquired a new stake in shares of Hilton Worldwide in the 2nd quarter valued at approximately $31,000. Institutional investors own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HLT shares. China Intl Cap raised shares of Hilton Worldwide to a "strong-buy" rating in a research note on Wednesday, August 12th. Morgan Stanley upped their price objective on shares of Hilton Worldwide from $319.00 to $332.00 and gave the company an "overweight" rating in a research report on Friday, July 17th. Evercore raised Hilton Worldwide from an "in-line" rating to an "outperform" rating in a research note on Tuesday, July 21st. Wolfe Research began coverage on Hilton Worldwide in a research report on Wednesday, September 2nd. They issued a "peer perform" rating for the company. Finally, Deutsche Bank Aktiengesellschaft raised Hilton Worldwide from a "hold" rating to a "buy" rating and set a $365.00 target price for the company in a research note on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $354.00.

Insider Buying and Selling

In other Hilton Worldwide news, insider Laura Fuentes sold 7,289 shares of Hilton Worldwide stock in a transaction on Monday, September 14th. The shares were sold at an average price of $309.81, for a total value of $2,258,205.09. Following the sale, the insider directly owned 33,458 shares in the company, valued at approximately $10,365,622.98. The trade was a 17.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Chris Carr sold 439 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $310.34, for a total transaction of $136,239.26. Following the transaction, the director owned 8,252 shares of the company's stock, valued at approximately $2,560,925.68. This represents a 5.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.70% of the stock is owned by company insiders.

Hilton Worldwide Price Performance

HLT stock traded up $6.55 during trading hours on Tuesday, reaching $322.67. 1,317,100 shares of the stock were exchanged, compared to its average volume of 1,904,218. The firm's 50-day moving average is $317.10 and its 200-day moving average is $323.00. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00. The company has a market cap of $72.62 billion, a price-to-earnings ratio of 47.38, a PEG ratio of 2.58 and a beta of 1.10.

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. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The company had revenue of $1.38 billion during the quarter, compared to analysts' expectations of $3.32 billion. During the same period in the prior year, the firm earned $2.20 earnings per share. Hilton Worldwide's revenue for the quarter was up 6.5% compared to the same quarter last year. 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. As a group, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st were paid 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 21st. Hilton Worldwide's dividend payout ratio (DPR) is currently 8.81%.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels, resorts and other lodging properties. The company serves business and leisure travelers through a broad portfolio of brands spanning luxury, full-service, focused-service, extended-stay and lifestyle accommodations.

Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tru by Hilton, Canopy by Hilton, Curio Collection by Hilton, Motto by Hilton and additional specialty brands.

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