Pictet Asset Management Holding SA Sells 128,301 Shares of Hilton Worldwide Holdings Inc. $HLT

Pictet Asset Management Holding SA lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 19.5% during the first quarter, Holdings Channel reports. The institutional investor owned 528,824 shares of the company’s stock after selling 128,301 shares during the period. Pictet Asset Management Holding SA’s holdings in Hilton Worldwide were worth $160,801,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of HLT. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Hilton Worldwide by 17.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,626 shares of the company’s stock worth $14,255,000 after buying an additional 7,339 shares in the last quarter. Allstate Corp grew its stake in shares of Hilton Worldwide by 100.2% in the fourth quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after acquiring an additional 8,348 shares in the last quarter. Cumberland Partners Ltd increased its position in Hilton Worldwide by 100.0% during the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock worth $4,309,000 after acquiring an additional 7,500 shares during the period. Fulton Breakefield Broenniman LLC acquired a new stake in Hilton Worldwide in the 4th quarter worth about $7,032,000. Finally, Holocene Advisors LP raised its stake in Hilton Worldwide by 17.0% in the 3rd quarter. Holocene Advisors LP now owns 1,795,659 shares of the company’s stock worth $465,866,000 after purchasing an additional 261,097 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

HLT has been the topic of a number of analyst reports. Morgan Stanley increased their target price on shares of Hilton Worldwide from $318.00 to $319.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. UBS Group boosted their price target on Hilton Worldwide from $360.00 to $371.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. The Goldman Sachs Group increased their price target on Hilton Worldwide from $354.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Argus raised their price objective on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. lifted their price objective on Hilton Worldwide from $350.00 to $363.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $349.45.

Hilton Worldwide Price Performance

NYSE HLT opened at $333.60 on Monday. The business has a fifty day moving average price of $331.80 and a two-hundred day moving average price of $312.21. The stock has a market capitalization of $75.94 billion, a PE ratio of 50.93, a PEG ratio of 2.90 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a fifty-two week low of $253.54 and a fifty-two week high of $358.00.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same quarter last year, the company posted $1.72 EPS. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. 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. As a group, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.16%.

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.