HP Inc. (HPQ) – What Are Investment Firms Thinking About This Stock?

HP Inc. (NYSE:HPQ) has been assigned a consensus rating of “Hold” from the seventeen analysts that are currently covering the firm, MarketBeat reports. Five analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $26.30.

A number of equities analysts recently weighed in on the stock. KGI Securities lifted their target price on shares of HP from $18.00 to $32.00 in a research note on Thursday, August 27th. Morgan Stanley boosted their target price on shares of HP from $17.00 to $19.00 in a report on Thursday, August 27th. Loop Capital upped their price target on shares of HP from $25.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, August 28th. TD Cowen increased their price target on HP from $26.00 to $30.00 and gave the stock a “hold” rating in a report on Thursday, August 27th. Finally, UBS Group lifted their price objective on HP from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th.

HP Trading Up 0.8%

Shares of HPQ opened at $28.48 on Wednesday. The company has a market capitalization of $25.68 billion, a PE ratio of 10.87, a PEG ratio of 1.54 and a beta of 1.16. HP has a 12 month low of $17.56 and a 12 month high of $36.22. The stock’s 50-day moving average price is $31.57 and its two-hundred day moving average price is $24.84.

HP (NYSE:HPQ) last released its quarterly earnings results on Wednesday, August 26th. The computer maker reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.17. The firm had revenue of $15.68 billion during the quarter, compared to analyst estimates of $14.44 billion. HP had a net margin of 4.14% and a negative return on equity of 947.78%. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 EPS. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Equities research analysts predict that HP will post 3.23 EPS for the current fiscal year.

Insider Buying and Selling

In other HP news, insider David McQuarrie sold 31,572 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $32.12, for a total value of $1,014,092.64. Following the transaction, the insider directly owned 8,008 shares of the company’s stock, valued at approximately $257,216.96. The trade was a 79.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Anneliese Olson sold 18,997 shares of the firm’s stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $32.56, for a total transaction of $618,542.32. Following the sale, the insider directly owned 169 shares of the company’s stock, valued at approximately $5,502.64. This trade represents a 99.12% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.18% of the company’s stock.

Institutional Trading of HP

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HPQ. Private Advisor Group LLC grew its holdings in shares of HP by 20.3% during the third quarter. Private Advisor Group LLC now owns 56,612 shares of the computer maker’s stock valued at $1,771,000 after buying an additional 9,560 shares during the last quarter. Ieq Capital LLC increased its position in shares of HP by 90.8% during the third quarter. Ieq Capital LLC now owns 611,290 shares of the computer maker’s stock worth $19,121,000 after acquiring an additional 290,986 shares in the last quarter. Focus Advisor Solutions LLC raised its holdings in shares of HP by 367.8% in the 3rd quarter. Focus Advisor Solutions LLC now owns 127,363 shares of the computer maker’s stock worth $3,984,000 after acquiring an additional 100,135 shares during the last quarter. Boston Partners raised its holdings in shares of HP by 29.6% in the 3rd quarter. Boston Partners now owns 360,317 shares of the computer maker’s stock worth $11,271,000 after acquiring an additional 82,255 shares during the last quarter. Finally, Independent Advisor Alliance bought a new position in HP in the 3rd quarter valued at about $1,310,000. 77.53% of the stock is owned by institutional investors.

HP Company Profile

HP Inc. is a global technology company that develops and sells personal computing and printing products and services. Its offerings include laptops, desktop computers, workstations, displays, accessories and peripherals, as well as printers, printing supplies and related solutions for consumers, businesses and public-sector customers. The company organizes its business around Personal Systems and Printing. In addition to hardware, HP provides services and solutions such as device management and managed print services, and it offers technologies for commercial and industrial printing.