South Street Advisors LLC Reduces Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• South Street Advisors LLC cut its Hilton Worldwide stake by 7.6% in the fourth quarter, leaving it with 73,113 shares valued at about $21.0 million. Hilton remains a meaningful holding, making up roughly 2.9% of the firm’s portfolio.
• Hilton’s latest quarterly results beat EPS expectations, reporting $2.01 per share versus the $1.98 estimate, while revenue rose 9% year over year to $1.20 billion. The company also issued FY 2026 guidance of $8.28 to $8.40 EPS.
• The company declared a quarterly dividend of $0.15 per share, payable June 30, and analysts remain broadly positive with a consensus “Moderate Buy” rating and an average price target of $348.55.

South Street Advisors LLC decreased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,113 shares of the company's stock after selling 6,037 shares during the quarter. Hilton Worldwide comprises about 2.9% of South Street Advisors LLC's portfolio, making the stock its 12th biggest holding. South Street Advisors LLC's holdings in Hilton Worldwide were worth $21,002,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of HLT. NewEdge Advisors LLC grew its holdings in shares of Hilton Worldwide by 25.6% during the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company's stock worth $520,000 after buying an additional 465 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Hilton Worldwide by 37.4% in the first quarter. Empowered Funds LLC now owns 6,135 shares of the company's stock valued at $1,396,000 after purchasing an additional 1,669 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Hilton Worldwide by 38.8% in the first quarter. Woodline Partners LP now owns 20,327 shares of the company's stock valued at $4,625,000 after purchasing an additional 5,687 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of Hilton Worldwide by 112.4% in the first quarter. Intech Investment Management LLC now owns 5,478 shares of the company's stock valued at $1,247,000 after purchasing an additional 2,899 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Hilton Worldwide by 182.2% in the first quarter. Geneos Wealth Management Inc. now owns 333 shares of the company's stock valued at $76,000 after purchasing an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Up 0.1%

Shares of HLT opened at $337.16 on Friday. The firm has a market capitalization of $76.75 billion, a P/E ratio of 51.47, a P/E/G ratio of 2.93 and a beta of 1.06. The firm has a 50-day moving average price of $317.64 and a 200 day moving average price of $302.41. Hilton Worldwide Holdings Inc. has a 12-month low of $241.45 and a 12-month high of $344.75.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.98 by $0.03. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $2.95 billion. During the same period in the previous year, the firm earned $1.72 EPS. The business's revenue was up 9.0% on a year-over-year basis. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. Equities research analysts predict that Hilton Worldwide Holdings Inc. will post 9.04 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide's dividend payout ratio is 9.16%.

Analyst Ratings Changes

HLT has been the subject of several recent research reports. Macquarie Infrastructure upped their price objective on shares of Hilton Worldwide from $296.00 to $320.00 and gave the company a "neutral" rating in a report on Wednesday, April 29th. Truist Financial upped their price objective on shares of Hilton Worldwide from $307.00 to $312.00 and gave the company a "hold" rating in a report on Wednesday, April 29th. HSBC upped their price objective on shares of Hilton Worldwide from $353.00 to $387.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. The Goldman Sachs Group upped their price objective on shares of Hilton Worldwide from $354.00 to $360.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. Finally, Mizuho upped their price objective on shares of Hilton Worldwide from $321.00 to $326.00 and gave the company a "neutral" rating in a report on Tuesday, April 28th. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $348.55.

About Hilton Worldwide

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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