Swedbank AB Buys 23,834 Shares of HP Inc. $HPQ

Swedbank AB lifted its stake in shares of HP Inc. (NYSE:HPQ) by 3.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 829,512 shares of the computer maker’s stock after purchasing an additional 23,834 shares during the period. Swedbank AB owned approximately 0.09% of HP worth $22,588,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HPQ. WPG Advisers LLC bought a new position in HP in the 1st quarter worth approximately $25,000. Laurel Wealth Advisors LLC increased its stake in shares of HP by 2,346.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after buying an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of HP during the second quarter worth $27,000. Global Trust Asset Management LLC lifted its stake in shares of HP by 492.6% during the second quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after acquiring an additional 1,000 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in shares of HP by 72.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock valued at $30,000 after acquiring an additional 512 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

HPQ has been the subject of a number of research reports. Morgan Stanley lowered their price objective on HP from $21.00 to $20.00 and set an “underweight” rating for the company in a research report on Wednesday, November 26th. Citigroup lowered their price target on shares of HP from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of HP in a report on Wednesday, October 8th. Argus raised shares of HP to a “strong-buy” rating in a report on Tuesday, December 2nd. Finally, HSBC set a $30.00 target price on shares of HP and gave the company a “buy” rating in a research report on Tuesday, October 14th. Two investment 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 given a Sell rating to the stock. According to data from MarketBeat.com, HP presently has a consensus rating of “Hold” and an average target price of $25.69.

HP Stock Performance

Shares of NYSE HPQ opened at $23.27 on Friday. HP Inc. has a 52-week low of $21.21 and a 52-week high of $35.28. The stock has a market cap of $21.36 billion, a P/E ratio of 8.78, a P/E/G ratio of 4.34 and a beta of 1.22. The firm has a 50 day moving average price of $25.17 and a 200 day moving average price of $25.96.

HP (NYSE:HPQ) last announced its quarterly 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. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The company had revenue of $14.64 billion for the quarter, compared to analysts’ expectations of $14.50 billion. During the same period last year, the firm posted $0.93 earnings per share. The business’s quarterly revenue 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. Analysts predict that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.2%. This is an increase from HP’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, December 11th. HP’s dividend payout ratio is currently 45.28%.

Insider Transactions at HP

In other news, CEO Enrique Lores sold 41,922 shares of HP 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 transaction, the chief executive officer owned 141,456 shares in the company, valued at $3,677,856. The trade was a 22.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Anneliese Olson sold 16,726 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total value of $415,306.58. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 111,084 shares of company stock worth $2,931,884. 0.38% of the stock is currently owned by insiders.

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.