PineStone Asset Management Inc. Sells 10,810 Shares of Hilton Worldwide Holdings Inc. $HLT

PineStone Asset Management Inc. decreased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.3% in the third quarter, Holdings Channel reports. The fund owned 833,724 shares of the company’s stock after selling 10,810 shares during the quarter. Hilton Worldwide makes up 1.3% of PineStone Asset Management Inc.’s holdings, making the stock its 24th biggest holding. PineStone Asset Management Inc.’s holdings in Hilton Worldwide were worth $216,301,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC purchased a new stake in Hilton Worldwide during the second quarter valued at approximately $30,000. Sagard Holdings Management Inc. bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at approximately $30,000. Bank of Jackson Hole Trust raised its holdings in Hilton Worldwide by 132.7% during the 2nd quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after buying an additional 73 shares during the period. Cullen Frost Bankers Inc. lifted its position in Hilton Worldwide by 59.8% in the second quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock worth $37,000 after buying an additional 52 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new position in Hilton Worldwide during the second quarter worth $39,000. 95.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HLT has been the topic of several recent analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Hilton Worldwide in a research note on Monday, December 22nd. TD Cowen reduced 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. Susquehanna boosted their target price on Hilton Worldwide from $245.00 to $255.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Truist Financial upped their target price on Hilton Worldwide from $246.00 to $253.00 and gave the company a “hold” rating in a research note on Thursday, October 23rd. Finally, Jefferies Financial Group raised their price target on Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Hilton Worldwide currently has a consensus rating of “Moderate Buy” and an average price target of $285.31.

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $293.46 on Friday. The company has a market capitalization of $68.21 billion, a PE ratio of 42.47, a P/E/G ratio of 3.02 and a beta of 1.15. The company has a 50 day moving average price of $274.91 and a 200-day moving average price of $269.39. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $294.92.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, topping the consensus estimate of $2.05 by $0.06. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period last year, the business posted $1.92 EPS. Hilton Worldwide’s quarterly revenue was up 8.8% on a year-over-year basis. 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. On average, analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

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

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.