Jones Financial Companies Lllp Has $10.69 Million Stock Holdings in HP Inc. $HPQ

Jones Financial Companies Lllp grew its holdings in HP Inc. (NYSE:HPQFree Report) by 34.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 400,020 shares of the computer maker’s stock after acquiring an additional 102,825 shares during the quarter. Jones Financial Companies Lllp’s holdings in HP were worth $10,685,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Lebenthal Global Advisors LLC lifted its position in shares of HP by 2.2% during the 3rd quarter. Lebenthal Global Advisors LLC now owns 32,496 shares of the computer maker’s stock valued at $885,000 after acquiring an additional 710 shares during the period. UMB Bank n.a. increased its holdings in HP by 5.6% in the 3rd quarter. UMB Bank n.a. now owns 13,466 shares of the computer maker’s stock worth $367,000 after purchasing an additional 710 shares in the last quarter. Transcend Capital Advisors LLC grew its holdings in HP by 70.2% during the 3rd quarter. Transcend Capital Advisors LLC now owns 15,823 shares of the computer maker’s stock worth $431,000 after acquiring an additional 6,529 shares during the last quarter. Frank Rimerman Advisors LLC raised its position in HP by 11.9% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 30,730 shares of the computer maker’s stock worth $837,000 after purchasing an additional 3,257 shares during the last quarter. Finally, Howard Capital Management Inc. increased its position in HP by 1.1% during the 3rd quarter. Howard Capital Management Inc. now owns 136,692 shares of the computer maker’s stock valued at $3,722,000 after purchasing an additional 1,506 shares during the period. 77.53% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting HP

Here are the key news stories impacting HP this week:

Analysts Set New Price Targets

HPQ has been the topic of several recent analyst reports. HSBC set a $30.00 price target on HP and gave the company a “buy” rating in a research note on Tuesday, October 14th. Morgan Stanley cut their target price on HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a research note on Wednesday, November 26th. UBS Group set a $24.00 price target on shares of HP in a research note on Wednesday, November 26th. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Finally, Wall Street Zen cut HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $24.31.

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HP Stock Up 4.2%

HPQ stock opened at $19.80 on Thursday. The business has a 50 day moving average of $22.31 and a 200 day moving average of $25.13. The firm has a market cap of $18.18 billion, a PE ratio of 7.47, a price-to-earnings-growth ratio of 3.47 and a beta of 1.21. HP Inc. has a twelve month low of $18.32 and a twelve month high of $35.28.

HP (NYSE:HPQGet Free Report) last released its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) 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 negative return on equity of 330.68% and a net margin of 4.57%.The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous 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. On average, research analysts expect that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a yield of 6.1%. HP’s dividend payout ratio is currently 45.28%.

Insider Activity

In related news, CEO Enrique Lores sold 41,922 shares of the company’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the completion of the sale, the chief executive officer directly owned 141,456 shares in the company, valued at $3,677,856. This represents a 22.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Anneliese Olson sold 16,726 shares of HP stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the sale, the insider owned 169 shares of the company’s stock, valued at $4,196.27. The trade was a 99.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, 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 Profile

(Free Report)

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.

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Institutional Ownership by Quarter for HP (NYSE:HPQ)

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