Alpine Woods Capital Investors LLC Reduces Stake in HP Inc. $HPQ

Alpine Woods Capital Investors LLC cut its position in HP Inc. (NYSE:HPQ) by 28.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,552 shares of the computer maker’s stock after selling 50,576 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in HP were worth $3,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of HP in the 1st quarter worth $25,000. Laurel Wealth Advisors LLC grew its position in HP by 2,346.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after acquiring an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in HP in the second quarter valued at $27,000. Corsicana & Co. purchased a new stake in HP during the third quarter valued at about $33,000. Finally, Global Trust Asset Management LLC lifted its stake in HP by 492.6% during the second quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after purchasing an additional 1,000 shares during the last quarter. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

HP Stock Performance

HPQ stock opened at $23.16 on Thursday. The firm has a 50 day moving average price of $25.34 and a 200-day moving average price of $25.99. 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 $21.26 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 4.30 and a beta of 1.22.

HP (NYSE:HPQ) last announced its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. The company had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. HP’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $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. As a group, sell-side analysts forecast that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Increases Dividend

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

Insider Buying and Selling

In related news, insider Anneliese Olson sold 16,726 shares of HP stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the transaction, the insider directly owned 169 shares in the company, valued at approximately $4,196.27. The trade was a 99.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Enrique Lores sold 41,922 shares of HP stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares in the company, valued at $3,677,856. This represents a 22.86% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 111,084 shares of company stock valued at $2,931,884. 0.38% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on HPQ. UBS Group set a $24.00 target price on shares of HP in a report on Wednesday, November 26th. The Goldman Sachs Group cut their price target on shares of HP from $28.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. TD Cowen decreased their price objective on HP from $28.00 to $26.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. Barclays lowered their target price 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus 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.