Assetmark Inc. Sells 2,478 Shares of Hilton Worldwide Holdings Inc. $HLT

Assetmark Inc. decreased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,757 shares of the company’s stock after selling 2,478 shares during the period. Assetmark Inc.’s holdings in Hilton Worldwide were worth $15,738,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HLT. CYBER HORNET ETFs LLC boosted its holdings in Hilton Worldwide by 4.7% in the fourth quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company’s stock valued at $207,000 after acquiring an additional 32 shares during the last quarter. Waddell & Associates LLC raised its stake in Hilton Worldwide by 1.8% during the fourth quarter. Waddell & Associates LLC now owns 1,800 shares of the company’s stock worth $517,000 after buying an additional 32 shares during the last quarter. Eaton Financial Holdings Company LLC raised its stake in 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 buying an additional 34 shares during the last quarter. Moss Adams Wealth Advisors LLC lifted its holdings in Hilton Worldwide by 2.8% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 1,330 shares of the company’s stock valued at $382,000 after buying an additional 36 shares during the period. Finally, Quent Capital LLC boosted its position in Hilton Worldwide by 3.8% during the fourth quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $287,000 after acquiring an additional 37 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Stock Up 0.3%

Shares of HLT opened at $322.23 on Monday. The business’s fifty day moving average is $332.95 and its 200 day moving average is $317.03. Hilton Worldwide Holdings Inc. has a 12-month low of $253.54 and a 12-month high of $358.00. The stock has a market cap of $73.36 billion, a P/E ratio of 49.20, a P/E/G ratio of 2.80 and a beta of 1.05.

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

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio is 9.16%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HLT. Argus lifted their price objective on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Morgan Stanley raised their price objective on shares of Hilton Worldwide from $319.00 to $332.00 and gave the stock an “overweight” rating in a research report on Friday. TD Cowen lifted their price objective on shares of Hilton Worldwide from $350.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings upgraded shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. increased their target price on shares of Hilton Worldwide from $350.00 to $363.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and a consensus target price of $350.18.

Hilton Worldwide 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.