Commerzbank Aktiengesellschaft FI Sells 82,806 Shares of HP Inc. $HPQ

Commerzbank Aktiengesellschaft FI cut its stake in shares of HP Inc. (NYSE:HPQ) by 37.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,751 shares of the computer maker’s stock after selling 82,806 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in HP were worth $3,025,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westfuller Advisors LLC bought a new position in shares of HP during the third quarter valued at $28,000. Caitlin John LLC bought a new position in shares of HP during the third quarter valued at $30,000. Garner Asset Management Corp bought a new position in shares of HP during the fourth quarter valued at $25,000. Flagship Harbor Advisors LLC bought a new position in shares of HP during the fourth quarter valued at $26,000. Finally, Sound Income Strategies LLC increased its holdings in shares of HP by 97.0% during the fourth quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after acquiring an additional 646 shares in the last quarter. 77.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group reduced their price target on HP from $21.00 to $16.00 and set a “sell” rating for the company in a report on Wednesday, February 25th. UBS Group reduced their price target on HP from $26.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Evercore set a $22.00 price objective on HP in a report on Thursday, February 19th. Wells Fargo & Company reduced their price objective on HP from $25.00 to $18.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Finally, Barclays reduced their price objective on HP from $18.00 to $16.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $21.58.

HP Stock Performance

NYSE HPQ opened at $20.82 on Friday. HP Inc. has a one year low of $17.56 and a one year high of $29.55. The stock has a 50-day moving average of $19.62 and a 200 day moving average of $21.38. The company has a market capitalization of $19.04 billion, a price-to-earnings ratio of 7.89, a PEG ratio of 5.78 and a beta of 1.09.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The company had revenue of $14.44 billion during the quarter, compared to the consensus estimate of $13.87 billion. During the same period last year, the company earned $0.74 EPS. HP’s revenue for the quarter was up 6.9% on a year-over-year basis. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, equities analysts predict that HP Inc. will post 2.84 earnings per share for the current fiscal year.

HP Profile

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett?Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.