HP Inc. $HPQ Position Raised by Applied Finance Capital Management LLC

Applied Finance Capital Management LLC grew its position in shares of HP Inc. (NYSE:HPQ) by 8.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,217,071 shares of the computer maker’s stock after purchasing an additional 94,494 shares during the quarter. HP makes up about 2.4% of Applied Finance Capital Management LLC’s portfolio, making the stock its 8th biggest holding. Applied Finance Capital Management LLC owned 0.13% of HP worth $33,139,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC increased its holdings 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 valued at $26,000 after buying an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of HP in the 2nd quarter valued at about $27,000. Westfuller Advisors LLC acquired a new position in HP in the 3rd quarter worth about $28,000. Cary Street Partners Investment Advisory LLC boosted its position in 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 worth $30,000 after purchasing an additional 512 shares in the last quarter. Finally, Corsicana & Co. purchased a new position in HP during the third quarter worth approximately $33,000. 77.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Argus raised HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Zacks Research lowered shares of HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. TD Cowen reduced their price objective 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. UBS Group set a $24.00 target price on shares of HP in a research report on Wednesday, November 26th. Finally, HSBC set a $30.00 target price on shares of HP and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $24.31.

HP Trading Down 1.2%

HPQ opened at $19.42 on Tuesday. HP Inc. has a twelve month low of $18.32 and a twelve month high of $35.28. The firm has a market capitalization of $17.83 billion, a PE ratio of 7.33, a PEG ratio of 0.31 and a beta of 1.21. The firm’s 50-day moving average price is $22.02 and its 200 day moving average price is $25.00.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 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 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 quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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, analysts predict that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a yield of 6.2%. HP’s payout ratio is 45.28%.

Insider Buying and Selling at HP

In other HP news, insider Anneliese Olson sold 16,726 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total value of $415,306.58. Following the completion of the sale, the insider directly owned 169 shares of the company’s stock, valued at $4,196.27. This trade represents a 99.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction dated 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 approximately $3,677,856. The trade was a 22.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 91,969 shares of company stock worth $2,277,993 in the last three months. 0.38% of the stock is owned by corporate insiders.

HP 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.