HP Inc. $HPQ Shares Acquired by Cerity Partners LLC

Cerity Partners LLC raised its stake in shares of HP Inc. (NYSE:HPQ) by 168.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 414,040 shares of the computer maker’s stock after buying an additional 259,632 shares during the period. Cerity Partners LLC’s holdings in HP were worth $10,127,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Zions Bancorporation National Association UT bought a new stake in HP during the first quarter worth approximately $45,000. SouthState Corp acquired a new position in shares of HP during the 1st quarter valued at $48,000. AIA Group Ltd raised its stake in shares of HP by 52.2% in the 1st quarter. AIA Group Ltd now owns 18,070 shares of the computer maker’s stock worth $500,000 after buying an additional 6,201 shares in the last quarter. Public Sector Pension Investment Board lifted its holdings in shares of HP by 4.3% in the first quarter. Public Sector Pension Investment Board now owns 145,458 shares of the computer maker’s stock valued at $4,028,000 after buying an additional 6,016 shares during the period. Finally, HighTower Advisors LLC boosted its stake in HP by 7.0% during the first quarter. HighTower Advisors LLC now owns 204,433 shares of the computer maker’s stock valued at $5,661,000 after buying an additional 13,351 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HPQ shares. Morgan Stanley cut their price target on shares of HP from $21.00 to $20.00 and set an “underweight” rating for the company in a report on Wednesday, November 26th. Barclays dropped their target price on shares of HP from $27.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. Zacks Research cut shares of HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. JPMorgan Chase & Co. dropped their price target on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Finally, Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $25.69.

Insider Activity

In other news, insider Anneliese Olson sold 18,154 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total value of $506,133.52. Following the transaction, the insider owned 169 shares in the company, valued at $4,711.72. This represents a 99.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Enrique Lores sold 41,922 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at $3,677,856. This trade represents a 22.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 111,084 shares of company stock worth $2,931,884. Company insiders own 0.38% of the company’s stock.

HP Stock Performance

HP stock 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 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. The company has a 50 day moving average price of $25.95 and a 200 day moving average price of $26.12.

HP (NYSE:HPQ) last released its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $14.64 billion during 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 revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 earnings per share. 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 firm also recently disclosed 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. This represents a $1.20 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Thursday, December 11th. This is a boost from HP’s previous quarterly dividend of $0.29. HP’s dividend payout ratio is 43.77%.

HP 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.