Parnassus Investments LLC Sells 17,719 Shares of Hilton Worldwide Holdings Inc. $HLT

Parnassus Investments LLC decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 285,163 shares of the company’s stock after selling 17,719 shares during the quarter. Parnassus Investments LLC owned approximately 0.12% of Hilton Worldwide worth $81,913,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Centersquare Investment Management LLC bought a new position in Hilton Worldwide in the fourth quarter valued at about $5,788,000. IFM Investors Pty Ltd lifted its holdings in Hilton Worldwide by 1.4% in the fourth quarter. IFM Investors Pty Ltd now owns 45,791 shares of the company’s stock valued at $13,153,000 after acquiring an additional 630 shares during the period. SmartHarvest Portfolios LLC bought a new position in Hilton Worldwide in the fourth quarter valued at about $286,000. Picton Mahoney Asset Management bought a new position in Hilton Worldwide in the fourth quarter valued at about $366,000. Finally, Meiji Yasuda Life Insurance Co bought a new position in Hilton Worldwide in the fourth quarter valued at about $529,000. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Up 1.1%

Shares of HLT opened at $341.79 on Friday. The business has a 50-day simple moving average of $325.41 and a two-hundred day simple moving average of $307.13. The stock has a market cap of $77.81 billion, a price-to-earnings ratio of 52.18, a PEG ratio of 2.95 and a beta of 1.04. Hilton Worldwide Holdings Inc. has a 52 week low of $241.45 and a 52 week high of $347.27.

Hilton Worldwide (NYSE:HLT) last issued its quarterly 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 business 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 business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.72 earnings per share. 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, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be given a dividend of $0.15 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.16%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HLT. JPMorgan Chase & Co. increased their target price on Hilton Worldwide from $350.00 to $363.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Evercore increased their target price on Hilton Worldwide from $335.00 to $350.00 in a report on Friday, April 24th. Wells Fargo & Company increased their target price on Hilton Worldwide from $373.00 to $376.00 and gave the company an “overweight” rating in a report on Tuesday, April 14th. Bank of America upped their price target on Hilton Worldwide from $324.00 to $375.00 in a research report on Monday, April 27th. Finally, HSBC upped their price target on Hilton Worldwide from $353.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $348.55.

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.