Alps Advisors Inc. Has $23.88 Million Position in HP Inc. $HPQ

Alps Advisors Inc. cut its stake in shares of HP Inc. (NYSE:HPQ) by 11.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 877,102 shares of the computer maker’s stock after selling 108,572 shares during the quarter. Alps Advisors Inc. owned approximately 0.09% of HP worth $23,883,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in HPQ. Bessemer Group Inc. lifted its holdings in HP by 19.9% during the 3rd quarter. Bessemer Group Inc. now owns 22,413 shares of the computer maker’s stock valued at $610,000 after purchasing an additional 3,714 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of HP by 26.5% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 49,122 shares of the computer maker’s stock worth $1,338,000 after buying an additional 10,301 shares in the last quarter. Auxano Advisors LLC increased its holdings in shares of HP by 4.4% during the third quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock worth $252,000 after buying an additional 391 shares in the last quarter. Savant Capital LLC boosted its holdings in shares of HP by 28.8% in the 3rd quarter. Savant Capital LLC now owns 59,562 shares of the computer maker’s stock worth $1,622,000 after acquiring an additional 13,323 shares in the last quarter. Finally, Unison Advisors LLC boosted its holdings in shares of HP by 1.1% in the 3rd quarter. Unison Advisors LLC now owns 116,462 shares of the computer maker’s stock worth $3,205,000 after acquiring an additional 1,292 shares in the last quarter. Institutional investors own 77.53% of the company’s stock.

HP Trading Up 2.7%

HP stock opened at $19.67 on Friday. The company has a market cap of $18.06 billion, a PE ratio of 7.42, a PEG ratio of 0.31 and a beta of 1.21. HP Inc. has a 1 year low of $18.32 and a 1 year high of $35.28. The company’s 50-day moving average is $22.12 and its two-hundred day moving average is $25.05.

HP (NYSE:HPQ) last issued its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS 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 during the quarter, compared to analysts’ expectations of $14.50 billion. During the same quarter in the previous year, the company earned $0.93 EPS. HP’s revenue was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Research analysts forecast that HP Inc. will post 3.56 EPS for the current year.

HP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Wednesday, March 11th. HP’s dividend payout ratio (DPR) is currently 45.28%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HPQ. The Goldman Sachs Group downgraded HP from a “neutral” rating to a “sell” rating and set a $21.00 price objective for the company. in a research report on Tuesday, January 13th. Citigroup cut their price target on HP from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Wall Street Zen lowered shares of HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. JPMorgan Chase & Co. lowered their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. Finally, UBS Group set a $24.00 target price on shares of HP in a research report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, HP presently has a consensus rating of “Reduce” and an average price target of $24.31.

Insider Buying and Selling

In related news, insider Anneliese Olson sold 16,726 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total value of $415,306.58. Following the completion of the sale, the insider owned 169 shares in the company, valued at approximately $4,196.27. This represents a 99.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Ketan M. Patel sold 33,321 shares of the stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the transaction, the insider directly owned 34,572 shares in the company, valued at $801,724.68. The trade was a 49.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 91,969 shares of company stock valued at $2,277,993 over the last three months. Company insiders own 0.38% of the company’s stock.

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.