American Century Companies Inc. Has $137.71 Million Stock Holdings in HP Inc. $HPQ

American Century Companies Inc. grew its holdings in HP Inc. (NYSE:HPQFree Report) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,057,324 shares of the computer maker’s stock after purchasing an additional 181,176 shares during the period. American Century Companies Inc. owned approximately 0.54% of HP worth $137,711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Westfuller Advisors LLC bought a new stake in HP in the third quarter valued at approximately $28,000. Laurel Wealth Advisors LLC lifted its position in shares of HP by 2,346.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after purchasing an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of HP in the 2nd quarter valued at $27,000. Caitlin John LLC acquired a new stake in shares of HP during the third quarter worth $30,000. Finally, Corsicana & Co. acquired a new stake in shares of HP during the third quarter worth $33,000. 77.53% of the stock is currently owned by institutional investors.

Insider Activity at HP

In other HP news, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $3,677,856. The trade was a 22.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ketan M. Patel sold 33,321 shares of the firm’s stock in a transaction that occurred on 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 owned 34,572 shares in the company, valued at $801,724.68. This represents a 49.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 91,969 shares of company stock valued at $2,277,993. 0.18% of the stock is owned by corporate insiders.

HP News Summary

Here are the key news stories impacting HP this week:

HP Stock Performance

Shares of HP stock opened at $18.96 on Monday. The stock has a market capitalization of $17.34 billion, a PE ratio of 7.18, a price-to-earnings-growth ratio of 5.27 and a beta of 1.18. HP Inc. has a 52 week low of $17.56 and a 52 week high of $31.43. The stock has a 50 day moving average price of $20.31 and a two-hundred day moving average price of $24.34.

HP (NYSE:HPQGet Free Report) last issued its earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.04. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The company had revenue of $14.44 billion for the quarter, compared to analysts’ expectations of $13.87 billion. During the same period last year, the business earned $0.74 EPS. HP’s quarterly revenue was up 6.9% compared to the same quarter last year. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. Research analysts forecast that HP Inc. will post 3.56 EPS for the current year.

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Wednesday, March 11th. HP’s dividend payout ratio is currently 45.45%.

Wall Street Analyst Weigh In

A number of analysts have commented on HPQ shares. Citigroup cut their price target on shares of HP from $22.00 to $20.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Bank of America reissued an “underperform” rating and issued a $20.00 price objective (down from $26.00) on shares of HP in a research note on Tuesday, February 3rd. Argus raised HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. The Goldman Sachs Group lowered their target price on HP from $21.00 to $16.00 and set a “sell” rating for the company in a report on Wednesday, February 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of HP in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $22.23.

View Our Latest Stock Analysis on HP

HP Company 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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