Hilton Worldwide Holdings Inc. $HLT Shares Sold by Ninety One SA Pty Ltd

Key Points

• Ninety One SA Pty Ltd cut its Hilton Worldwide position by 61.9% in the third quarter, leaving it with 2,239 shares valued at approximately $720,000. Institutional investors collectively own 95.9% of Hilton’s stock.
• Analysts maintain a generally positive outlook, with Hilton carrying a consensus “Moderate Buy” rating and an average price target of $354.39. Recent targets range from $316 to $368.
• Hilton shares rose 4.3% to $342.09, while the company reported quarterly EPS of $2.29, narrowly beating estimates, and announced a $0.15 quarterly dividend, equivalent to a 0.2% yield.

Ninety One SA Pty Ltd decreased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 61.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,239 shares of the company's stock after selling 3,638 shares during the quarter. Ninety One SA Pty Ltd's holdings in Hilton Worldwide were worth $720,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Hilton Worldwide in the 2nd quarter valued at about $6,271,258,000. Bank of America Corp DE lifted its position in shares of Hilton Worldwide by 0.7% in the 1st quarter. Bank of America Corp DE now owns 5,946,576 shares of the company's stock worth $1,808,235,000 after purchasing an additional 40,343 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Hilton Worldwide by 13.5% during the first quarter. Janus Henderson Group PLC now owns 2,043,316 shares of the company's stock valued at $603,733,000 after purchasing an additional 242,916 shares in the last quarter. Jupiter Topco LLC bought a new position in shares of Hilton Worldwide during the second quarter valued at approximately $663,882,000. Finally, Amundi increased its holdings in Hilton Worldwide by 2.7% during the second quarter. Amundi now owns 1,374,729 shares of the company's stock valued at $454,293,000 after buying an additional 36,303 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HLT. Weiss Ratings lowered Hilton Worldwide from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, September 4th. Truist Financial lifted their price target on Hilton Worldwide from $312.00 to $316.00 and gave the company a "hold" rating in a report on Thursday, September 10th. Barclays lifted their price target on Hilton Worldwide from $367.00 to $368.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Susquehanna reduced their price target on Hilton Worldwide from $353.00 to $345.00 and set a "neutral" rating for the company in a research report on Tuesday, August 11th. Finally, China Intl Cap upgraded Hilton Worldwide to a "strong-buy" rating in a research note on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and a consensus price target of $354.39.

Hilton Worldwide Stock Up 4.3%

Shares of NYSE HLT traded up $14.09 during trading hours on Thursday, hitting $342.09. 659,446 shares of the stock were exchanged, compared to its average volume of 1,874,250. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00. The firm has a fifty day moving average price of $317.90 and a 200-day moving average price of $324.12. The company has a market cap of $76.99 billion, a PE ratio of 50.18, a PEG ratio of 2.66 and a beta of 1.10.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.02. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. Hilton Worldwide's revenue was up 6.5% compared to the same quarter last year. During the same period last 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. As a group, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, August 21st were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 21st. Hilton Worldwide's dividend payout ratio is currently 8.81%.

Insider Activity

In other Hilton Worldwide news, insider Laura Fuentes sold 7,289 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $309.81, for a total value of $2,258,205.09. Following the completion of the sale, the insider directly owned 33,458 shares in the company, valued at approximately $10,365,622.98. This trade represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Chris Carr sold 439 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $310.34, for a total value of $136,239.26. Following the completion of the sale, the director owned 8,252 shares of the company's stock, valued at approximately $2,560,925.68. This trade represents a 5.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.70% of the company's stock.

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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