Eagle Capital Management 13F: Cuts HLT Stake by $610M

Eagle Capital Management made a significant move by cutting its holdings in Hilton Worldwide Holdings Inc. (NYSE: HLT) by 97.95%. According to its latest 13F filing with the SEC, the fund reduced its shares by 1,785,734, leaving it with just 37,447 shares valued at approximately $12.8 million as of the reporting period.

What Changed in Eagle Capital Management's Hilton Position

Eagle Capital Management's decision to sell off a large portion of its Hilton shares is notable. The fund slashed its stake from 1,823,181 shares down to 37,447 shares, marking a 97.95% reduction. The value of this remaining stake is around $12.8 million, reflecting a major shift in their investment strategy regarding Hilton.

Other Institutional Activity in Hilton

Other major institutional investors have also been active in Hilton. BlackRock, Inc. increased its holdings by 504,025 shares, now owning 21,177,712 shares worth about $6.44 billion. Vanguard Capital Management LLC took a new position with 14,901,164 shares valued at $4.53 billion. FMR LLC added 1,340,477 shares, bringing its total to 11,672,214 shares, valued at roughly $3.55 billion. Meanwhile, JPMorgan Chase & Co. boosted its holdings by 692,104 shares to a total of 10,435,071 shares, valued at approximately $3.09 billion. In contrast, State Street Corp trimmed its position by 142,811 shares, now holding 9,376,837 shares worth about $2.85 billion.

Hilton Worldwide Holdings Inc. Stock Up 11.8%

Shares of Hilton Worldwide Holdings Inc. (NYSE: HLT) recently traded around $341.86. The company boasts a market capitalization of $78.75 billion, with a P/E ratio of 52.74 and a forward P/E of 33.21. Hilton's beta stands at 1.053, indicating slightly above-average market volatility. The stock has seen a 52-week low of $241.45 and a high of $349.03, with moving averages of $325.37 over 50 days and $294.78 over 200 days.

Recent Earnings

Hilton reported revenues of $5.07 billion, with a growth rate of 11%. The company achieved a net margin of 30.41% and an EPS of $6.56. The return on equity was noteworthy, indicating strong profitability. Hilton is set to announce its next earnings on April 28, 2026.

Dividend

Hilton offers an annual dividend rate of $0.60, yielding 0.18% with a payout ratio of 9.16%. This reflects a conservative approach to shareholder returns, prioritizing reinvestment in the business.

Insider Buying and Selling at Hilton Worldwide Holdings Inc.

Several insiders, including Marissa Mayer, Chris Carr, and Melanie Healey, each purchased 742 shares on May 14, 2026. These transactions were not part of a 10b5-1 trading plan.

Analysts Set New Price Targets

On May 15, 2026, Bernstein maintained a hold rating with a $320 price target. Morgan Stanley, on May 12, 2026, reaffirmed its buy rating with a $319 target. UBS also maintained a buy rating with a $371 target on April 30, 2026. Overall, the consensus remains a "buy" with an average target price of $347.33, based on 24 analyst opinions.

About Hilton Worldwide Holdings

Hilton Worldwide Holdings Inc., headquartered in McLean, Virginia, is a leading global hospitality company. It operates a broad portfolio of hotels and resorts under various brand names, including Waldorf Astoria, Hilton Hotels & Resorts, and DoubleTree by Hilton. With operations spanning across the Americas, Europe, the Middle East, Africa, and Asia Pacific, Hilton employs about 182,000 people. The company focuses on hotel management, franchising, and leasing, offering a range of services from luxury to timeshare accommodations.

Bottom Line

Eagle Capital Management's drastic reduction in Hilton shares reflects a significant portfolio adjustment. Investors often watch such 13F filings to gauge institutional sentiment, though these filings are backward-looking and may not represent current positions. Hilton continues to attract attention with its robust market presence and strategic investments in the hospitality sector.