HP Inc. $HPQ Shares Acquired by Cerity Partners LLC

Cerity Partners LLC grew its holdings in HP Inc. (NYSE:HPQ) by 17.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 487,806 shares of the computer maker’s stock after purchasing an additional 73,766 shares during the quarter. Cerity Partners LLC owned 0.05% of HP worth $13,283,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of HP in the 2nd quarter valued at about $91,698,000. Qube Research & Technologies Ltd acquired a new stake in HP during the 2nd quarter worth $74,385,000. Vanguard Group Inc. grew its position in HP by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 126,536,318 shares of the computer maker’s stock worth $3,095,078,000 after purchasing an additional 2,395,056 shares during the last quarter. First Trust Advisors LP grew its position in HP by 93.9% during the 2nd quarter. First Trust Advisors LP now owns 4,874,334 shares of the computer maker’s stock worth $119,226,000 after purchasing an additional 2,360,678 shares during the last quarter. Finally, Schroder Investment Management Group increased its stake in HP by 76.2% in the second quarter. Schroder Investment Management Group now owns 4,662,544 shares of the computer maker’s stock valued at $114,046,000 after purchasing an additional 2,016,756 shares during the period. 77.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other HP news, 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 transaction of $506,133.52. Following the sale, the insider directly owned 169 shares in the company, valued at approximately $4,711.72. The trade was a 99.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Enrique Lores sold 41,922 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $26.00, for a total value of $1,089,972.00. Following the completion of the transaction, the chief executive officer owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. This represents a 22.86% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 110,123 shares of company stock valued at $2,784,126. 0.38% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Zacks Research lowered HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Citigroup lowered their target price on HP from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Weiss Ratings reissued a “hold (c)” rating on shares of HP in a report on Wednesday, October 8th. HSBC set a $30.00 price target on HP and gave the stock a “buy” rating in a report on Tuesday, October 14th. Finally, Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $25.69.

HP Stock Up 0.2%

Shares of HPQ opened at $21.44 on Friday. HP Inc. has a 52-week low of $20.65 and a 52-week high of $35.28. The company has a 50-day simple moving average of $24.02 and a 200-day simple moving average of $25.80. The company has a market capitalization of $19.68 billion, a PE ratio of 8.09, a P/E/G ratio of 4.02 and a beta of 1.21.

HP (NYSE:HPQ) last issued its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The company had revenue of $14.64 billion for the quarter, compared to analyst estimates of $14.50 billion. During the same period in the prior year, the business posted $0.93 earnings per share. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. 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, research analysts anticipate that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Thursday, December 11th were issued a dividend of $0.30 per share. This is a boost from HP’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Thursday, December 11th. HP’s payout ratio is presently 45.28%.

HP Company Profile

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.