Advisors Asset Management Inc. Has $14.36 Million Stake in HP Inc. $HPQ

Advisors Asset Management Inc. lessened its position in HP Inc. (NYSE:HPQ) by 3.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 586,973 shares of the computer maker’s stock after selling 23,821 shares during the period. Advisors Asset Management Inc. owned about 0.06% of HP worth $14,357,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HPQ. Plato Investment Management Ltd lifted its position in HP by 1.2% during the 1st quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock worth $869,000 after buying an additional 363 shares in the last quarter. Coppell Advisory Solutions LLC raised its stake in shares of HP by 4.4% in the first quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock worth $223,000 after acquiring an additional 369 shares during the last quarter. Fiduciary Financial Group LLC lifted its position in shares of HP by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock worth $324,000 after purchasing an additional 390 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of HP by 6.4% during the second quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock worth $173,000 after purchasing an additional 410 shares in the last quarter. Finally, TCW Group Inc. grew its stake in shares of HP by 3.4% during the first quarter. TCW Group Inc. now owns 13,959 shares of the computer maker’s stock valued at $387,000 after purchasing an additional 457 shares during the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at HP

In related news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $26.85, for a total value of $920,471.70. Following the completion of the transaction, the chief executive officer owned 3 shares of the company’s stock, valued at approximately $80.55. This trade represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anneliese Olson sold 18,154 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the transaction, the insider owned 169 shares of the company’s stock, valued at approximately $4,711.72. This represents a 99.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.38% of the stock is currently owned by corporate insiders.

HP Stock Up 1.9%

HPQ opened at $24.41 on Tuesday. The stock has a market cap of $22.82 billion, a P/E ratio of 8.91, a P/E/G ratio of 2.23 and a beta of 1.28. HP Inc. has a 12 month low of $21.21 and a 12 month high of $39.79. The company has a fifty day simple moving average of $26.58 and a 200 day simple moving average of $26.41.

HP (NYSE:HPQ) last posted its earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.75. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The firm had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.69 billion. During the same period in the previous year, the firm earned $0.83 earnings per share. The company’s revenue 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 expect that HP Inc. will post 3.56 earnings per share for the current fiscal year.

Analyst Ratings Changes

HPQ has been the topic of several research reports. Morgan Stanley set a $21.00 price objective on HP in a report on Friday. Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. HSBC set a $30.00 price objective on HP and gave the stock a “buy” rating in a report on Tuesday, October 14th. Bank of America reduced their target price on shares of HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, Zacks Research raised shares of HP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $27.67.

HP 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.