Allianz Asset Management GmbH Decreases Holdings in HP Inc. $HPQ

Allianz Asset Management GmbH cut its stake in HP Inc. (NYSE:HPQ) by 3.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,526,236 shares of the computer maker’s stock after selling 138,295 shares during the quarter. Allianz Asset Management GmbH owned about 0.48% of HP worth $123,249,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of HPQ. Richardson Financial Services Inc. raised its holdings in shares of HP by 14.9% during the 3rd quarter. Richardson Financial Services Inc. now owns 2,827 shares of the computer maker’s stock valued at $77,000 after buying an additional 367 shares during the period. IHT Wealth Management LLC grew its position in HP by 3.3% in the second quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock valued at $305,000 after acquiring an additional 398 shares in the last quarter. AdvisorNet Financial Inc grew its position in HP by 42.9% in the third quarter. AdvisorNet Financial Inc now owns 1,349 shares of the computer maker’s stock valued at $37,000 after acquiring an additional 405 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake 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 valued at $173,000 after purchasing an additional 410 shares during the period. Finally, Vident Advisory LLC lifted its position in shares of HP by 0.6% during the second quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock worth $1,702,000 after purchasing an additional 444 shares in the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Transactions at HP

In other HP news, CEO Enrique Lores sold 41,922 shares of the stock in a transaction on 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 directly owned 141,456 shares of the company’s stock, valued at $3,677,856. This trade represents a 22.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Anneliese Olson sold 16,726 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total transaction of $415,306.58. Following the transaction, the insider directly owned 169 shares of the company’s stock, valued at approximately $4,196.27. This trade represents a 99.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 91,969 shares of company stock worth $2,277,993. 0.38% of the stock is currently owned by company insiders.

HP Stock Down 4.0%

NYSE:HPQ opened at $19.03 on Wednesday. The company has a market cap of $17.46 billion, a PE ratio of 7.18, a P/E/G ratio of 3.68 and a beta of 1.21. The business’s 50 day moving average is $22.39 and its two-hundred day moving average is $25.17. HP Inc. has a 52 week low of $18.32 and a 52 week high of $35.28.

HP (NYSE:HPQ) last posted its quarterly 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 business 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 business’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, sell-side analysts expect that HP Inc. will post 3.56 EPS for the current fiscal year.

HP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.3%. HP’s dividend payout ratio is 45.28%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of HP in a report on Monday, December 1st. The Goldman Sachs Group downgraded HP from a “neutral” rating to a “sell” rating and set a $21.00 target price for the company. in a research note on Tuesday, January 13th. Evercore ISI cut their price target on HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research note on Wednesday, November 26th. Bank of America reissued an “underperform” rating and issued a $20.00 price target (down previously from $26.00) on shares of HP in a report on Tuesday. Finally, JPMorgan Chase & Co. dropped their price objective on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, HP has an average rating of “Reduce” and an average price target of $24.31.

HP News Roundup

Here are the key news stories impacting HP this week:

• Positive Sentiment: AI hardware tailwind and restructuring could support rebound — analysts and commentators argue HP is well‑positioned for an AI PC/edge refresh cycle, and the company is pursuing $1B+ run‑rate savings that should protect margins; the view boosts the case for HP as a high‑yield, value play. The AI in a Box Trade: Hardware Is the Next Boom (HPQ)
• Positive Sentiment: Security partnership extends product moat — HP signed a multi‑year XGuard licensing extension with Karamba Security to harden printers vs. cyberattacks, supporting product differentiation in printing/security offerings. HP and Karamba Security Sign Multi-Year Licensing Agreement to Protect HP’s Printers
• Neutral Sentiment: Investor events: HP scheduled a live webcast for Q1 FY2026 results on Feb 24 — useful for fresh management commentary and Q&A that could move the stock. HP Inc. Announces Live Webcast for Q1 Fiscal 2026 Financial Results on February 24, 2026
• Neutral Sentiment: Investor commentary highlights deep value — bullish writeups note low forward P/E, >6% yield and robust free cash flow, arguing downside may be limited and upside exists if the PC refresh materializes. HP: Priced Too Low With A High Yield
• Negative Sentiment: CEO departure is a primary near‑term catalyst for the selloff — Enrique Lores is leaving to become PayPal’s CEO, creating leadership uncertainty and prompting investor concern about strategy continuity. PayPal hires HP’s Enrique Lores as its new CEO
• Negative Sentiment: Board named Bruce Broussard interim CEO — immediate leadership change raises short‑term execution and messaging risks until a permanent CEO is installed. HP appoints Bruce Broussard as interim CEO
• Negative Sentiment: Analyst pressure: Bank of America reaffirmed an underperform rating and trimmed its target to $20, adding selling pressure and validating some investor caution around near‑term growth/margins. Bank of America reaffirms ‘underperform’ and lowers price target

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.