HP (NYSE:HPQ) Reaches New 52-Week Low – Here’s What Happened

HP Inc. (NYSE:HPQ)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $18.26 and last traded at $18.8650, with a volume of 26309236 shares. The stock had previously closed at $19.76.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on HPQ shares. JPMorgan Chase & Co. decreased their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Wall Street Zen downgraded HP from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. Sanford C. Bernstein restated a “market perform” rating on shares of HP in a research report on Monday, December 1st. Argus raised shares of HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Finally, Zacks Research lowered HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Two 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 has an average rating of “Reduce” and a consensus target price of $24.31.

HP Stock Performance

The firm has a market cap of $17.67 billion, a P/E ratio of 7.26, a P/E/G ratio of 0.30 and a beta of 1.21. The firm has a fifty day moving average of $21.53 and a 200-day moving average of $24.83.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The business had revenue of $14.64 billion for the quarter, compared to analysts’ expectations of $14.50 billion. During the same quarter last year, the company earned $0.93 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Equities research analysts expect that HP Inc. will post 3.56 earnings per share for the current year.

HP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be given a $0.30 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.2%. HP’s dividend payout ratio (DPR) is 45.28%.

Insider Activity at HP

In other news, insider Anneliese Olson sold 16,726 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the completion of the sale, the insider directly owned 169 shares of the company’s stock, valued at $4,196.27. This trade represents a 99.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Enrique Lores sold 41,922 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $26.00, for a total value of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares in the company, valued at approximately $3,677,856. This represents a 22.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 91,969 shares of company stock valued at $2,277,993. Corporate insiders own 0.38% of the company’s stock.

Institutional Trading of HP

A number of institutional investors have recently modified their holdings of HPQ. Westfuller Advisors LLC bought a new position in shares of HP during the 3rd quarter worth approximately $28,000. Laurel Wealth Advisors LLC lifted its holdings in HP by 2,346.5% during 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 last quarter. Elevation Point Wealth Partners LLC bought a new position in HP during the 2nd quarter worth $27,000. Caitlin John LLC bought a new position in shares of HP during the third quarter worth approximately $30,000. Finally, Garner Asset Management Corp acquired a new stake in shares of HP in the fourth quarter valued at approximately $25,000. 77.53% of the stock is currently owned by institutional investors.

HP Company 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.