Method 1:
Select the Edit button on the product you want to be hidden:

Your page should look like this:

Go to the Publish section on the right sidebar:

Go to Catalog Visibility and select the Edit button:

Select Hidden from the checkbox list that appears and select the Ok button:

Then select the Update button:

Method 2:
Select the Quick Edit button on the product you want to be hidden:

Your page should look like this:

Go to the Product Data section and select the drop-down list next to Visibility:

Select Hidden:

Select the Update button in the bottom right corner:

