Parnassus Investments LLC Cuts Stake in Hilton Worldwide Holdings Inc. $HLT

Parnassus Investments LLC lowered its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 5.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 285,163 shares of the company’s stock after selling 17,719 shares during the quarter. Parnassus Investments LLC’s holdings in Hilton Worldwide were worth $81,913,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Hilton Worldwide by 0.6% during the third quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock worth $6,606,172,000 after purchasing an additional 151,984 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Hilton Worldwide by 12.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock valued at $2,620,531,000 after buying an additional 1,132,880 shares in the last quarter. Geode Capital Management LLC grew its holdings in Hilton Worldwide by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 6,448,978 shares of the company’s stock valued at $1,852,650,000 after buying an additional 31,364 shares in the last quarter. Franklin Resources Inc. grew its holdings in Hilton Worldwide by 4.7% during the 4th quarter. Franklin Resources Inc. now owns 6,294,665 shares of the company’s stock valued at $1,808,143,000 after buying an additional 284,352 shares in the last quarter. Finally, Norges Bank purchased a new position in Hilton Worldwide during the 4th quarter valued at approximately $803,047,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

HLT has been the subject of several research analyst reports. Truist Financial raised their price target on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a report on Wednesday, April 29th. HSBC raised their price target on Hilton Worldwide from $353.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. raised their price target on Hilton Worldwide from $350.00 to $363.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. BMO Capital Markets raised their price target on Hilton Worldwide from $325.00 to $345.00 and gave the company a “market perform” rating in a report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Hilton Worldwide from $299.00 to $332.00 and gave the company a “hold” rating in a report on Thursday, February 12th. 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, Hilton Worldwide presently has an average rating of “Moderate Buy” and a consensus target price of $348.55.

Hilton Worldwide Stock Performance

Shares of Hilton Worldwide stock opened at $341.79 on Friday. The stock has a market cap of $77.81 billion, a price-to-earnings ratio of 52.18, a price-to-earnings-growth ratio of 2.95 and a beta of 1.04. The stock has a 50 day moving average price of $325.41 and a 200-day moving average price of $307.13. Hilton Worldwide Holdings Inc. has a one year low of $241.45 and a one year high of $347.27.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Tuesday, April 28th. The company reported $2.01 EPS 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 analysts’ expectations of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous 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. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

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.