Jones Financial Companies Lllp grew its holdings in HP Inc. (NYSE:HPQ – Free 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:
- Positive Sentiment: HP extended its multi‑year XGuard licensing deal with Karamba Security to harden its printers versus cyberattacks — a product differentiation point that helps protect recurring print service revenue and enterprise buyers. HP and Karamba Security Sign Multi-Year Licensing Agreement to Protect HP’s Printers
- Positive Sentiment: Macro/sector narrative: analysts and commentators argue HP is a deep‑value play in the emerging “AI‑in‑a‑box” hardware cycle — aging corporate fleets plus AI inference needs could drive PC/server refreshes that benefit HP, while cost cuts and a high dividend cushion downside. The AI in a Box Trade: Hardware Is the Next Boom (HPQ)
- Positive Sentiment: Value/income investors are highlighting HP’s low forward P/E and elevated yield as reasons to buy the dip; several long‑form pieces argue current levels understate free‑cash‑flow resilience and buyback/dividend support. HP: Priced Too Low With A High Yield
- Neutral Sentiment: HP reiterated its FY‑2026 EPS range (2.90–3.20) and Q1 guidance (0.73–0.81) during the leadership transition — reaffirmation reduces one source of near‑term uncertainty but the ranges sit around consensus, so guidance itself is not a catalyst. Does HP’s Sudden CEO Change and Reaffirmed Outlook Reshape the Bull Case For HP (HPQ)?
- Neutral Sentiment: HP scheduled a Feb. 24 webcast for Q1 results — a near‑term event where management under interim leadership can clarify strategy, cost‑savings roadmap and execution milestones. HP Inc. Announces Live Webcast for Q1 Fiscal 2026 Financial Results on February 24, 2026
- Negative Sentiment: CEO Enrique Lores abruptly stepped down and was named PayPal’s CEO; the HP board appointed director Bruce Broussard as interim CEO — leadership turnover is the primary cause of near‑term volatility and investor concern over strategic continuity. HP appoints Bruce Broussard as interim CEO
- Negative Sentiment: Bank of America reaffirmed an “underperform” rating and cut HP’s price target to $20 (from $26), signaling reduced near‑term upside from a large sell‑side participant and likely pressuring sentiment and flows. B of A Securities downgrades HP (HPQ)
- Negative Sentiment: Recent trading sessions showed sharper declines than the broader market as investors digest the leadership change and downgraded sentiment; that technical selling has amplified headline-driven moves. HP (HPQ) Falls More Steeply Than Broader Market: What Investors Need to Know
Analysts Set New Price Targets
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:HPQ – Get 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
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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