25,437 Shares in HP Inc. $HPQ Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC acquired a new stake in HP Inc. (NYSE:HPQ) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,437 shares of the computer maker’s stock, valued at approximately $520,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. IHT Wealth Management LLC grew its holdings in HP by 3.3% during the 2nd quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock worth $305,000 after acquiring an additional 398 shares during the period. Vident Advisory LLC lifted its stake in shares of HP by 0.6% in the 2nd quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock valued at $1,702,000 after purchasing an additional 444 shares during the period. CIBC Private Wealth Group LLC boosted its position in shares of HP by 0.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 50,952 shares of the computer maker’s stock worth $1,387,000 after purchasing an additional 470 shares during the last quarter. Vise Technologies Inc. boosted its position in shares of HP by 2.4% in the 3rd quarter. Vise Technologies Inc. now owns 20,531 shares of the computer maker’s stock worth $559,000 after purchasing an additional 477 shares during the last quarter. Finally, Centennial Wealth Advisory LLC grew its stake in shares of HP by 2.7% during the fourth quarter. Centennial Wealth Advisory LLC now owns 19,640 shares of the computer maker’s stock worth $438,000 after purchasing an additional 518 shares during the period. 77.53% of the stock is owned by institutional investors.

HP Stock Up 2.9%

Shares of HPQ stock opened at $24.84 on Friday. HP Inc. has a 12-month low of $17.56 and a 12-month high of $29.65. The firm has a fifty day moving average of $23.76 and a 200-day moving average of $21.12. The firm has a market capitalization of $22.71 billion, a price-to-earnings ratio of 9.16, a price-to-earnings-growth ratio of 4.19 and a beta of 1.19.

HP (NYSE:HPQ) last issued its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, topping the consensus estimate of $0.72 by $0.14. The business had revenue of $14.41 billion for the quarter, compared to the consensus estimate of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The firm’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 EPS. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. Research analysts expect that HP Inc. will post 2.98 earnings per share for the current year.

HP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.8%. HP’s dividend payout ratio (DPR) is currently 44.28%.

Wall Street Analysts Forecast Growth

HPQ has been the subject of a number of recent analyst reports. Wall Street Zen downgraded HP from a “buy” rating to a “hold” rating in a report on Saturday. Barclays raised their target price on HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Weiss Ratings raised HP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 6th. The Goldman Sachs Group upped their price target on HP from $16.00 to $19.00 and gave the company a “sell” rating in a research note on Tuesday, June 2nd. Finally, TD Cowen increased their price target on shares of HP from $20.00 to $26.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $23.33.

Insider Activity at HP

In other news, insider David P. Mcquarrie sold 10,524 shares of HP stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $24.68, for a total transaction of $259,732.32. Following the transaction, the insider owned 92,200 shares in the company, valued at $2,275,496. The trade was a 10.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.18% of the stock is currently owned by corporate insiders.

About HP

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.