Groupe la Francaise Raises Stock Holdings in HP Inc. $HPQ

Groupe la Francaise increased its holdings in shares of HP Inc. (NYSE:HPQ) by 67.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 133,550 shares of the computer maker’s stock after acquiring an additional 53,879 shares during the period. Groupe la Francaise’s holdings in HP were worth $3,252,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of HPQ. LPL Financial LLC boosted its stake in shares of HP by 0.7% during the first quarter. LPL Financial LLC now owns 418,733 shares of the computer maker’s stock valued at $11,595,000 after purchasing an additional 2,763 shares during the period. XTX Topco Ltd purchased a new stake in HP in the 1st quarter valued at about $417,000. Commonwealth Equity Services LLC boosted its position in HP by 6.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 906,791 shares of the computer maker’s stock valued at $25,109,000 after buying an additional 57,384 shares during the period. Costello Asset Management INC bought a new position in HP in the 1st quarter worth about $70,000. Finally, iA Global Asset Management Inc. increased its position in shares of HP by 37.2% during the first quarter. iA Global Asset Management Inc. now owns 71,867 shares of the computer maker’s stock worth $1,990,000 after acquiring an additional 19,501 shares during the period. Institutional investors own 77.53% of the company’s stock.

HP Trading Up 0.1%

HPQ opened at $25.17 on Thursday. The firm has a market cap of $23.53 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 4.57 and a beta of 1.22. HP Inc. has a 12 month low of $21.21 and a 12 month high of $36.93. The stock has a fifty day moving average price of $26.08 and a 200-day moving average price of $26.23.

HP (NYSE:HPQ) last posted its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.02. The company had revenue of $14.64 billion for the quarter, compared to analyst estimates of $14.50 billion. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. On average, equities research analysts forecast that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Thursday, December 11th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, December 11th. This is a positive change from HP’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a yield of 4.8%. HP’s dividend payout ratio is currently 43.77%.

Analyst Upgrades and Downgrades

HPQ has been the topic of several research analyst reports. Bank of America dropped their price objective on HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Morgan Stanley lowered their target price on HP from $21.00 to $20.00 and set an “underweight” rating for the company in a report on Wednesday, November 26th. JPMorgan Chase & Co. cut their price target on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Zacks Research lowered shares of HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Finally, Hsbc Global Res upgraded shares of HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, HP has a consensus rating of “Hold” and a consensus price target of $25.69.

Insider Activity at HP

In other news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $26.85, for a total value of $920,471.70. Following the completion of the sale, the chief executive officer owned 3 shares of the company’s stock, valued at $80.55. This trade represents a 99.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anneliese Olson sold 18,154 shares of the business’s stock in a transaction 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 approximately $4,711.72. This trade 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 owned by company insiders.

About HP

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.