HP Inc. $HPQ Shares Sold by Oak Thistle LLC

Oak Thistle LLC reduced its holdings in shares of HP Inc. (NYSE:HPQ) by 70.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,437 shares of the computer maker’s stock after selling 38,756 shares during the period. Oak Thistle LLC’s holdings in HP were worth $448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WPG Advisers LLC purchased a new stake in shares of HP during the first quarter worth about $25,000. Laurel Wealth Advisors LLC boosted its stake in HP by 2,346.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after purchasing an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in HP during the 2nd quarter worth approximately $27,000. Global Trust Asset Management LLC increased its stake in HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in shares of HP by 72.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock worth $30,000 after buying an additional 512 shares during the last quarter. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

HP Stock Performance

NYSE:HPQ opened at $23.24 on Friday. The stock has a market capitalization of $21.33 billion, a PE ratio of 8.77, a P/E/G ratio of 4.40 and a beta of 1.22. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $35.28. The company has a fifty day moving average of $25.64 and a two-hundred day moving average of $26.03.

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

HP Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.2%. This is a boost from HP’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, December 11th. HP’s dividend payout ratio (DPR) is 45.28%.

Insider Buying and Selling

In other news, insider Anneliese Olson sold 16,726 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total transaction of $415,306.58. Following the completion of the sale, the insider owned 169 shares of the company’s stock, valued at $4,196.27. This represents a 99.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Enrique Lores sold 41,922 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 141,456 shares in the company, valued at approximately $3,677,856. This represents a 22.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 111,084 shares of company stock worth $2,931,884 over the last ninety days. Corporate insiders own 0.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. dropped their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Citigroup dropped their price target on HP from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Barclays reduced their price objective on HP from $27.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 26th. Evercore ISI dropped their target price on HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research report on Wednesday, November 26th. Finally, Zacks Research downgraded shares of HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $25.69.

HP Company 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.