23,181 Shares of HP Inc. $HPQ Purchased by Stolz & Associates PS

Stolz & Associates PS purchased a new stake in shares of HP Inc. (NYSE:HPQ) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,181 shares of the computer maker’s stock, valued at approximately $725,000. HP comprises about 0.4% of Stolz & Associates PS’s portfolio, making the stock its 18th biggest holding.

A number of other large investors have also recently made changes to their positions in HPQ. MassMutual Private Wealth & Trust FSB lifted its position in HP by 10.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 5,020 shares of the computer maker’s stock valued at $110,000 after purchasing an additional 467 shares during the period. Legacy Wealth Asset Management LLC grew its position in HP by 0.6% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 80,784 shares of the computer maker’s stock worth $1,772,000 after purchasing an additional 491 shares during the period. Founders Financial Securities LLC grew its position in HP by 0.8% in the 3rd quarter. Founders Financial Securities LLC now owns 62,324 shares of the computer maker’s stock worth $1,949,000 after purchasing an additional 496 shares during the period. Cullinan Associates Inc. raised its stake in HP by 0.3% during the 2nd quarter. Cullinan Associates Inc. now owns 189,327 shares of the computer maker’s stock valued at $4,154,000 after buying an additional 540 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its stake in HP by 2.5% during the 3rd quarter. Elevation Wealth Partners LLC now owns 22,488 shares of the computer maker’s stock valued at $703,000 after buying an additional 550 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HPQ has been the topic of several research analyst reports. UBS Group increased their price target on HP from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Wall Street Zen lowered HP from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings upgraded HP from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, November 3rd. KGI Securities upped their price objective on HP from $18.00 to $32.00 in a research report on Thursday, August 27th. Finally, The Goldman Sachs Group increased their target price on HP from $21.00 to $22.00 and gave the company a “sell” rating in a report on Monday, August 31st. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, HP currently has an average rating of “Hold” and a consensus price target of $26.30.

Insider Buying and Selling at HP

In other HP news, insider David P. Mcquarrie sold 31,572 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $32.12, for a total transaction of $1,014,092.64. Following the sale, the insider directly owned 8,008 shares of the company’s stock, valued at $257,216.96. This trade represents a 79.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 dated Thursday, October 29th. The shares were sold at an average price of $32.56, for a total value of $618,542.32. Following the sale, the insider directly owned 169 shares in the company, valued at approximately $5,502.64. This represents a 99.12% decrease in their ownership of the stock. 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. Corporate insiders own 0.18% of the company’s stock.

HP Price Performance

Shares of NYSE:HPQ opened at $28.48 on Wednesday. HP Inc. has a 1-year low of $17.56 and a 1-year high of $36.22. The company has a market capitalization of $25.68 billion, a P/E ratio of 10.87, a P/E/G ratio of 1.54 and a beta of 1.16. The firm’s 50 day simple moving average is $31.57 and its two-hundred day simple moving average is $24.84.

HP (NYSE:HPQ) last posted its quarterly earnings results on Wednesday, August 26th. The computer maker reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.17. The business 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 earnings per share. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. On average, sell-side analysts anticipate that HP Inc. will post 3.23 earnings per share for the current fiscal year.

HP 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.