MassMutual Private Wealth & Trust FSB Increases Stake in HP Inc. $HPQ

MassMutual Private Wealth & Trust FSB raised its holdings in shares of HP Inc. (NYSE:HPQ) by 33.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,717 shares of the computer maker’s stock after buying an additional 2,207 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in HP were worth $213,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. WPG Advisers LLC bought a new position in shares of HP in the first quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of HP during the first quarter worth $35,000. Iron Horse Wealth Management LLC bought a new stake in shares of HP in the 1st quarter worth about $39,000. Financial Freedom LLC increased its holdings in shares of HP by 141.4% in the 1st quarter. Financial Freedom LLC now owns 1,499 shares of the computer maker’s stock worth $42,000 after buying an additional 878 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in shares of HP by 165.3% in the 1st quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker’s stock worth $42,000 after acquiring an additional 947 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors.

HP Price Performance

Shares of HP stock opened at $28.24 on Friday. The business has a 50-day moving average of $26.69 and a 200 day moving average of $26.34. HP Inc. has a 12 month low of $21.21 and a 12 month high of $39.79. The stock has a market capitalization of $26.39 billion, a price-to-earnings ratio of 10.30, a price-to-earnings-growth ratio of 2.25 and a beta of 1.29.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein started coverage on shares of HP in a report on Monday. They issued a “market perform” rating and a $30.00 target price for the company. UBS Group raised their price target on shares of HP from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. Morgan Stanley lowered their price target on shares of HP from $29.00 to $26.00 and set an “equal weight” rating on the stock in a report on Thursday, May 29th. Wells Fargo & Company lowered their price target on shares of HP from $35.00 to $25.00 and set an “underweight” rating on the stock in a report on Thursday, May 29th. Finally, Dbs Bank cut shares of HP from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, June 11th. One equities 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $29.38.

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.