Commerzbank Aktiengesellschaft FI Has $5.95 Million Stock Holdings in HP Inc. $HPQ

Commerzbank Aktiengesellschaft FI lifted its holdings in shares of HP Inc. (NYSE:HPQ) by 21.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 218,557 shares of the computer maker’s stock after buying an additional 38,977 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in HP were worth $5,952,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of HPQ. State of Alaska Department of Revenue boosted its stake in shares of HP by 36.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 286,760 shares of the computer maker’s stock valued at $7,013,000 after purchasing an additional 75,895 shares in the last quarter. Railway Pension Investments Ltd boosted its position in HP by 6.1% in the third quarter. Railway Pension Investments Ltd now owns 1,600,015 shares of the computer maker’s stock valued at $43,568,000 after buying an additional 92,400 shares in the last quarter. LBP AM SA bought a new stake in shares of HP during the second quarter worth $7,279,000. First Horizon Corp acquired a new position in shares of HP during the third quarter worth $5,573,000. Finally, RWC Asset Management LLP lifted its stake in shares of HP by 2.0% in the 3rd quarter. RWC Asset Management LLP now owns 5,871,898 shares of the computer maker’s stock valued at $159,892,000 after acquiring an additional 116,279 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on HPQ. Wall Street Zen lowered HP from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. JPMorgan Chase & Co. lowered their price objective on HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Bank of America dropped their price objective on shares of HP from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Citigroup reduced their target price on shares of HP from $25.00 to $22.00 and set a “neutral” rating on the stock in a report on Tuesday, January 20th. Finally, Barclays restated an “underweight” rating and issued a $18.00 price target (down from $24.00) on shares of HP in a research report on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $24.77.

Insider Activity at HP

In other HP news, insider Ketan M. Patel sold 33,321 shares of the company’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $23.19, for a total transaction of $772,713.99. Following the sale, the insider owned 34,572 shares of the company’s stock, valued at approximately $801,724.68. This represents a 49.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Enrique Lores sold 41,922 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the sale, the chief executive officer owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. The trade was a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 110,123 shares of company stock worth $2,784,126 over the last quarter. Company insiders own 0.38% of the company’s stock.

HP Price Performance

HP stock opened at $19.42 on Friday. The stock’s 50 day moving average is $22.95 and its 200 day moving average is $25.45. HP Inc. has a one year low of $19.20 and a one year high of $35.28. The firm has a market cap of $17.82 billion, a P/E ratio of 7.33, a P/E/G ratio of 3.65 and a beta of 1.21.

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

HP Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Thursday, December 11th were issued a $0.30 dividend. The ex-dividend date was Thursday, December 11th. This is a positive change from HP’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 6.2%. HP’s dividend payout ratio (DPR) is presently 45.28%.

HP 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.