Public Employees Retirement System of Ohio Sells 2,557 Shares of Hilton Worldwide Holdings Inc. $HLT

Public Employees Retirement System of Ohio decreased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 96,567 shares of the company’s stock after selling 2,557 shares during the period. Public Employees Retirement System of Ohio’s holdings in Hilton Worldwide were worth $29,364,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. NewEdge Advisors LLC boosted its stake in Hilton Worldwide by 25.6% during the 1st quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after acquiring an additional 465 shares during the last quarter. Empowered Funds LLC raised its holdings in Hilton Worldwide by 37.4% in the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock worth $1,396,000 after purchasing an additional 1,669 shares during the period. Woodline Partners LP boosted its position in shares of Hilton Worldwide by 38.8% during the first quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock worth $4,625,000 after purchasing an additional 5,687 shares in the last quarter. Intech Investment Management LLC boosted its position in shares of Hilton Worldwide by 112.4% during the first quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock worth $1,247,000 after purchasing an additional 2,899 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Hilton Worldwide by 182.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock valued at $76,000 after buying an additional 215 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on HLT. BMO Capital Markets upped their price objective on shares of Hilton Worldwide from $325.00 to $345.00 and gave the company a “market perform” rating in a research report on Thursday, April 23rd. Rothschild & Co Redburn lifted their target price on Hilton Worldwide from $320.00 to $325.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Mizuho increased their price target on Hilton Worldwide from $321.00 to $326.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. TD Cowen raised their price target on Hilton Worldwide from $350.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a report on Tuesday. Fourteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Hilton Worldwide currently has a consensus rating of “Moderate Buy” and a consensus target price of $350.36.

Hilton Worldwide Stock Up 1.5%

Shares of NYSE:HLT opened at $325.12 on Friday. The firm has a market cap of $74.01 billion, a price-to-earnings ratio of 49.64, a PEG ratio of 2.71 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00. The company’s fifty day simple moving average is $333.81 and its 200 day simple moving average is $318.02.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.03. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $2.95 billion. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.72 EPS. 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. Research analysts expect that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 22nd. Hilton Worldwide’s dividend payout ratio is currently 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.