Parnassus Investments LLC Has $78.58 Million Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

Parnassus Investments LLC lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.7% in the third quarter, Holdings Channel reports. The firm owned 302,882 shares of the company’s stock after selling 8,360 shares during the period. Parnassus Investments LLC’s holdings in Hilton Worldwide were worth $78,580,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Hilton Worldwide in the 2nd quarter valued at $676,201,000. Jennison Associates LLC lifted its holdings in Hilton Worldwide by 22.4% during the second quarter. Jennison Associates LLC now owns 4,631,719 shares of the company’s stock worth $1,233,612,000 after acquiring an additional 847,353 shares in the last quarter. Winslow Capital Management LLC grew its stake in Hilton Worldwide by 62.6% in the second quarter. Winslow Capital Management LLC now owns 1,894,315 shares of the company’s stock valued at $504,532,000 after acquiring an additional 729,295 shares during the period. Raymond James Financial Inc. raised its position in shares of Hilton Worldwide by 126.3% during the second quarter. Raymond James Financial Inc. now owns 1,138,294 shares of the company’s stock worth $303,173,000 after purchasing an additional 635,220 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of Hilton Worldwide by 210.8% during the 2nd quarter. SG Americas Securities LLC now owns 202,124 shares of the company’s stock valued at $53,834,000 after purchasing an additional 384,535 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Up 0.7%

NYSE:HLT opened at $300.30 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $303.40. The firm has a market capitalization of $69.80 billion, a price-to-earnings ratio of 43.46, a price-to-earnings-growth ratio of 2.54 and a beta of 1.15. The stock’s 50 day moving average price is $280.51 and its two-hundred day moving average price is $272.26.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.06. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The firm’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the business earned $1.92 earnings per share. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS and its FY 2025 guidance at 7.970-8.060 EPS. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, November 21st were given 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 of this dividend was Friday, November 21st. Hilton Worldwide’s dividend payout ratio (DPR) is currently 8.68%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HLT shares. Barclays increased their price objective on shares of Hilton Worldwide from $288.00 to $297.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Susquehanna increased their target price on Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Morgan Stanley lifted their price target on Hilton Worldwide from $286.00 to $289.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Sanford C. Bernstein increased their price objective on Hilton Worldwide from $285.00 to $304.00 and gave the stock a “market perform” rating in a report on Tuesday. Finally, The Goldman Sachs Group raised Hilton Worldwide from a “neutral” rating to a “buy” rating and lifted their target price for the company from $285.00 to $317.00 in a research report on Monday, December 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and a consensus price target of $286.50.

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.