Wellington Management Group LLP Sells 521,847 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Wellington Management reduced its Hilton stake by 25.2%, selling 521,847 shares during the second quarter and retaining 1.55 million shares valued at approximately $511.6 million.
• Analysts remain broadly positive on Hilton, with a consensus “Moderate Buy” rating and an average price target of $353.82, compared with the stock’s recent opening price of $322.20.
• Hilton exceeded quarterly EPS expectations with $2.29 versus $2.27 forecast, while revenue rose 6.5% year over year; the company also declared a quarterly dividend of $0.15 per share.

Wellington Management Group LLP trimmed its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 25.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,548,068 shares of the company's stock after selling 521,847 shares during the quarter. Wellington Management Group LLP owned about 0.69% of Hilton Worldwide worth $511,575,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of HLT. CYBER HORNET ETFs LLC grew its stake in Hilton Worldwide by 4.7% in the 4th quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company's stock valued at $207,000 after buying an additional 32 shares during the last quarter. Waddell & Associates LLC grew its position in shares of Hilton Worldwide by 1.8% in the fourth quarter. Waddell & Associates LLC now owns 1,800 shares of the company's stock valued at $517,000 after purchasing an additional 32 shares during the last quarter. Eaton Financial Holdings Company LLC increased its stake in shares of Hilton Worldwide by 1.2% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 2,782 shares of the company's stock worth $799,000 after purchasing an additional 34 shares during the period. L2 Asset Management LLC lifted its holdings in Hilton Worldwide by 3.6% during the 3rd quarter. L2 Asset Management LLC now owns 1,084 shares of the company's stock worth $281,000 after purchasing an additional 38 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in Hilton Worldwide by 1.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 2,555 shares of the company's stock valued at $680,000 after purchasing an additional 39 shares during the period. Institutional investors and hedge funds own 95.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on HLT shares. Susquehanna reduced their target price on shares of Hilton Worldwide from $353.00 to $345.00 and set a "neutral" rating for the company in a research report on Tuesday, August 11th. Robert W. Baird boosted their price objective on shares of Hilton Worldwide from $359.00 to $360.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Wells Fargo & Company raised their target price on shares of Hilton Worldwide from $379.00 to $382.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Evercore upgraded Hilton Worldwide from an "in-line" rating to an "outperform" rating in a research note on Tuesday, July 21st. Finally, CICC Research started coverage on Hilton Worldwide in a research note on Wednesday, August 12th. They set an "outperform" rating on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $353.82.

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $322.20 on Friday. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The stock has a fifty day moving average of $327.95 and a 200-day moving average of $322.29. The stock has a market capitalization of $72.52 billion, a P/E ratio of 47.31, a price-to-earnings-growth ratio of 2.73 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $2.29 EPS 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 firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the previous year, the firm earned $2.20 earnings per share. The business's quarterly revenue was up 6.5% on a year-over-year basis. 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 forecast that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide's dividend 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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