Commerzbank Aktiengesellschaft FI Has $5.95 Million Stake in HP Inc. $HPQ

Commerzbank Aktiengesellschaft FI lifted its stake in shares of HP Inc. (NYSE:HPQFree Report) by 21.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 218,557 shares of the computer maker’s stock after acquiring an additional 38,977 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in HP were worth $5,952,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. State of Alaska Department of Revenue raised its holdings in shares of HP by 36.0% during the second quarter. State of Alaska Department of Revenue now owns 286,760 shares of the computer maker’s stock valued at $7,013,000 after purchasing an additional 75,895 shares during the period. Railway Pension Investments Ltd grew its stake in shares of HP by 6.1% in the 3rd quarter. Railway Pension Investments Ltd now owns 1,600,015 shares of the computer maker’s stock valued at $43,568,000 after buying an additional 92,400 shares during the period. LBP AM SA bought a new stake in HP in the 2nd quarter valued at about $7,279,000. First Horizon Corp acquired a new position in HP during the 3rd quarter worth approximately $5,573,000. Finally, RWC Asset Management LLP raised its stake in HP by 2.0% during the 3rd quarter. RWC Asset Management LLP now owns 5,871,898 shares of the computer maker’s stock worth $159,892,000 after buying an additional 116,279 shares during the period. 77.53% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Ketan M. Patel sold 33,321 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the transaction, the insider directly owned 34,572 shares of the company’s stock, valued at $801,724.68. This represents a 49.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total value of $506,133.52. Following the sale, the insider owned 169 shares in the company, valued at $4,711.72. This trade represents a 99.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 110,123 shares of company stock valued at $2,784,126 over the last three months. Corporate insiders own 0.38% of the company’s stock.

HP Trading Down 2.1%

Shares of NYSE:HPQ opened at $19.42 on Friday. The stock has a market cap of $17.82 billion, a PE ratio of 7.33, a price-to-earnings-growth ratio of 3.65 and a beta of 1.21. The stock’s fifty day simple moving average is $22.95 and its two-hundred day simple moving average is $25.45. HP Inc. has a 1-year low of $19.20 and a 1-year high of $35.28.

HP (NYSE:HPQGet Free Report) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 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 company had revenue of $14.64 billion during the quarter, compared to the consensus estimate of $14.50 billion. During the same quarter in the prior year, the company posted $0.93 earnings per share. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. On average, 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 was paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Thursday, December 11th. This is a boost from HP’s previous quarterly dividend of $0.29. HP’s dividend payout ratio (DPR) is presently 45.28%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Morgan Stanley decreased their price objective on HP from $21.00 to $20.00 and set an “underweight” rating for the company in a report on Wednesday, November 26th. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Barclays restated an “underweight” rating and set a $18.00 price objective (down previously from $24.00) on shares of HP in a report on Friday, January 16th. JPMorgan Chase & Co. reduced their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Finally, TD Cowen decreased their target price on shares of HP from $28.00 to $26.00 and set a “hold” rating for the company in a research report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, HP has an average rating of “Hold” and an average target price of $24.77.

Check Out Our Latest Analysis on HP

HP Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for HP (NYSE:HPQ)

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