Investment House LLC Sells 191,906 Shares of HP Inc. $HPQ

Investment House LLC lessened its position in shares of HP Inc. (NYSE:HPQ) by 67.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 91,966 shares of the computer maker’s stock after selling 191,906 shares during the period. Investment House LLC’s holdings in HP were worth $2,249,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in HPQ. Plato Investment Management Ltd lifted its holdings in HP by 1.2% during the first quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock valued at $869,000 after purchasing an additional 363 shares during the last quarter. Coppell Advisory Solutions LLC increased its stake in shares of HP by 4.4% in the first quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock worth $223,000 after purchasing an additional 369 shares in the last quarter. Fiduciary Financial Group LLC increased its stake in shares of HP by 3.2% in the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock worth $324,000 after purchasing an additional 390 shares in the last quarter. TD Waterhouse Canada Inc. raised its position in shares of HP by 6.4% in the second quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock valued at $173,000 after purchasing an additional 410 shares during the period. Finally, Focus Partners Advisor Solutions LLC lifted its stake in shares of HP by 3.0% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 16,711 shares of the computer maker’s stock valued at $409,000 after buying an additional 489 shares in the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Buying and Selling

In other news, insider Anneliese Olson sold 18,154 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total value of $506,133.52. Following the transaction, the insider owned 169 shares of the company’s stock, valued at $4,711.72. This represents a 99.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Enrique Lores sold 41,922 shares of HP stock in a transaction on Friday, December 5th. The stock was sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the sale, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at $3,677,856. This represents a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 111,084 shares of company stock valued at $2,931,884. Corporate insiders own 0.38% of the company’s stock.

HP Stock Performance

NYSE:HPQ opened at $25.53 on Thursday. HP Inc. has a 52-week low of $21.21 and a 52-week high of $35.28. The stock has a fifty day moving average of $25.95 and a 200 day moving average of $26.12. The firm has a market capitalization of $23.86 billion, a price-to-earnings ratio of 9.63, a P/E/G ratio of 4.76 and a beta of 1.22.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The business had revenue of $14.64 billion for the quarter, compared to analyst estimates of $14.50 billion. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 EPS. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Equities analysts forecast that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, December 11th. This is a boost from HP’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 4.7%. HP’s dividend payout ratio (DPR) is presently 43.77%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HPQ shares. HSBC set a $30.00 price objective on shares of HP and gave the company a “buy” rating in a research note on Tuesday, October 14th. Barclays reduced their price target on HP from $27.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 26th. The Goldman Sachs Group dropped their price objective on HP from $28.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Zacks Research downgraded HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Finally, TD Cowen decreased their price target on HP from $28.00 to $26.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, HP has a consensus rating of “Hold” and a consensus target price of $25.69.

HP Company Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.