HP Inc. $HPQ Shares Bought by World Investment Advisors

World Investment Advisors grew its holdings in HP Inc. (NYSE:HPQFree Report) by 27.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,941 shares of the computer maker’s stock after acquiring an additional 2,797 shares during the quarter. World Investment Advisors’ holdings in HP were worth $317,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Plato Investment Management Ltd raised its position in shares of HP by 1.2% in the 1st quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock valued at $869,000 after purchasing an additional 363 shares during the last quarter. Coppell Advisory Solutions LLC increased its stake in HP by 4.4% during the 1st quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock valued at $223,000 after purchasing an additional 369 shares in the last quarter. Fiduciary Financial Group LLC increased its stake in HP by 3.2% during the 2nd quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock valued at $324,000 after purchasing an additional 390 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in shares of HP by 2.1% in the first quarter. Bleakley Financial Group LLC now owns 20,262 shares of the computer maker’s stock worth $561,000 after buying an additional 411 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of HP by 13.3% during the first quarter. Private Trust Co. NA now owns 3,684 shares of the computer maker’s stock worth $102,000 after buying an additional 433 shares during the period. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Sanford C. Bernstein initiated coverage on HP in a research report on Monday, September 15th. They issued a “market perform” rating and a $30.00 target price on the stock. Barclays cut their price objective on HP from $28.00 to $27.00 and set an “equal weight” rating on the stock in a report on Thursday, August 28th. Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Evercore ISI reiterated an “in-line” rating and issued a $29.00 target price on shares of HP in a research report on Wednesday, September 10th. Finally, Wall Street Zen downgraded shares of HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $28.71.

Read Our Latest Research Report on HP

HP Trading Down 2.3%

Shares of HPQ stock opened at $27.04 on Tuesday. The stock has a 50 day moving average of $27.74 and a 200 day moving average of $26.48. The stock has a market cap of $25.28 billion, a P/E ratio of 9.87, a P/E/G ratio of 2.23 and a beta of 1.29. HP Inc. has a twelve month low of $21.21 and a twelve month high of $39.79.

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

Insider Activity

In other news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $26.85, for a total transaction of $920,471.70. Following the sale, the chief executive officer directly owned 3 shares in the company, valued at $80.55. This trade represents a 99.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Anneliese Olson sold 18,154 shares of the stock in a transaction that occurred 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 transaction, the insider owned 169 shares in the company, valued at $4,711.72. This represents a 99.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.38% of the company’s stock.

HP Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for HP (NYSE:HPQ)

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