HP Inc. $HPQ Shares Bought by Czech National Bank

Czech National Bank raised its position in HP Inc. (NYSE:HPQ) by 7.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 230,430 shares of the computer maker’s stock after acquiring an additional 15,033 shares during the period. Czech National Bank’s holdings in HP were worth $5,636,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. BayBridge Capital Group LLC acquired a new stake in HP in the first quarter valued at approximately $1,505,000. Meritage Portfolio Management boosted its stake in HP by 37.8% in the first quarter. Meritage Portfolio Management now owns 140,632 shares of the computer maker’s stock valued at $3,894,000 after acquiring an additional 38,568 shares in the last quarter. Jump Financial LLC acquired a new stake in HP in the first quarter valued at approximately $6,359,000. Horizon Financial Services LLC lifted its stake in shares of HP by 2,669.0% during the first quarter. Horizon Financial Services LLC now owns 11,519 shares of the computer maker’s stock worth $319,000 after buying an additional 11,103 shares during the period. Finally, Longfellow Investment Management Co. LLC acquired a new stake in shares of HP during the first quarter worth $627,000. 77.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HPQ has been the subject of several research reports. Sanford C. Bernstein initiated coverage on shares of HP in a research note on Monday. They set a “market perform” rating and a $30.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of HP from $27.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, August 28th. Bank of America lowered their price objective on shares of HP from $35.00 to $33.00 and set a “neutral” rating for the company in a research note on Wednesday, May 28th. Wells Fargo & Company lowered their price objective on shares of HP from $35.00 to $25.00 and set an “underweight” rating for the company in a research note on Thursday, May 29th. Finally, Evercore ISI reiterated an “in-line” rating and set a $29.00 price objective on shares of HP in a research note on Wednesday, September 10th. One research analyst has rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, HP currently has an average rating of “Hold” and a consensus target price of $29.38.

HP Stock Performance

HPQ opened at $28.24 on Friday. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $39.79. The company has a fifty day moving average of $26.69 and a two-hundred day moving average of $26.34. The stock has a market capitalization of $26.39 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 2.25 and a beta of 1.29.

HP (NYSE:HPQ) last released its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.75. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The company had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.69 billion. During the same quarter in the previous year, the company earned $0.83 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, equities research analysts forecast that HP Inc. will post 3.56 earnings per share for the current year.

HP Company 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.