Cresset Asset Management LLC Boosts Stock Position in Hilton Worldwide Holdings Inc. $HLT

Cresset Asset Management LLC raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 68.6% during the second quarter, Holdings Channel reports. The fund owned 5,821 shares of the company’s stock after buying an additional 2,369 shares during the period. Cresset Asset Management LLC’s holdings in Hilton Worldwide were worth $1,550,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Amundi increased its stake in Hilton Worldwide by 4.0% in the 2nd quarter. Amundi now owns 1,184,412 shares of the company’s stock worth $319,922,000 after purchasing an additional 46,040 shares during the period. SCS Capital Management LLC bought a new position in shares of Hilton Worldwide in the second quarter worth approximately $350,000. Veltria Advisors Corp. purchased a new position in shares of Hilton Worldwide in the second quarter worth $246,000. Great Diamond Partners LLC bought a new stake in Hilton Worldwide during the 2nd quarter valued at $203,000. Finally, Baird Financial Group Inc. boosted its position in Hilton Worldwide by 12,935.7% during the 2nd quarter. Baird Financial Group Inc. now owns 167,378 shares of the company’s stock valued at $44,579,000 after buying an additional 166,094 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on HLT. TD Cowen decreased their price objective on shares of Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating on the stock in a research report on Friday, October 17th. Cowen reissued a “buy” rating on shares of Hilton Worldwide in a research note on Tuesday, October 28th. Susquehanna boosted their price target on Hilton Worldwide from $245.00 to $255.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. The Goldman Sachs Group increased their price objective on Hilton Worldwide from $274.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Finally, Robert W. Baird cut their price objective on Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average price target of $283.31.

Hilton Worldwide Stock Performance

HLT stock opened at $269.20 on Wednesday. The firm has a 50 day moving average price of $267.86 and a 200-day moving average price of $266.11. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $287.39. The firm has a market capitalization of $62.57 billion, a price-to-earnings ratio of 38.96, a PEG ratio of 2.78 and a beta of 1.15.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.06. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $3.01 billion. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.Hilton Worldwide’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 EPS. 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, sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, November 21st will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 21st. Hilton Worldwide’s payout ratio is 8.68%.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.