Citigroup Inc. Sells 60,784 Shares of HP Inc. $HPQ

Citigroup Inc. cut its holdings in HP Inc. (NYSE:HPQ) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,606,391 shares of the computer maker’s stock after selling 60,784 shares during the period. Citigroup Inc. owned 0.17% of HP worth $43,742,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Personal CFO Solutions LLC lifted its holdings in shares of HP by 2.2% in the third quarter. Personal CFO Solutions LLC now owns 21,492 shares of the computer maker’s stock worth $585,000 after buying an additional 459 shares in the last quarter. Hillsdale Investment Management Inc. lifted its stake in HP by 21.7% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 29,700 shares of the computer maker’s stock worth $809,000 after purchasing an additional 5,300 shares in the last quarter. Beverly Hills Private Wealth LLC boosted its holdings in shares of HP by 3.0% during the 3rd quarter. Beverly Hills Private Wealth LLC now owns 92,632 shares of the computer maker’s stock valued at $2,522,000 after purchasing an additional 2,705 shares during the last quarter. King Luther Capital Management Corp purchased a new position in shares of HP during the third quarter valued at about $205,000. Finally, Avestar Capital LLC increased its holdings in shares of HP by 29.5% in the third quarter. Avestar Capital LLC now owns 23,031 shares of the computer maker’s stock worth $630,000 after purchasing an additional 5,247 shares during the last quarter. 77.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at HP

In other news, CEO Enrique Lores sold 41,922 shares of the company’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 transaction, the chief executive officer owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. This represents a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Anneliese Olson sold 16,726 shares of the stock in a transaction that occurred on 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. The trade was a 99.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 91,969 shares of company stock worth $2,277,993 over the last 90 days. Company insiders own 0.38% of the company’s stock.

More HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: Q1 non‑GAAP EPS and revenue topped estimates — non‑GAAP EPS of $0.81 (vs. $0.77 consensus) and revenue of $14.4B (+6.9% YoY), showing demand held up and core profitability improved. HP (HPQ) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Cash generation and shareholder returns were constructive: operating cash flow of $383M, free cash flow $175M, and $0.6B returned to shareholders via buybacks/dividends, which supports capital allocation. HP Inc. Reports Fiscal 2026 First Quarter Results
• Neutral Sentiment: GAAP EPS were slightly lower year‑over‑year ($0.58 vs. $0.59) and margins contracted modestly, signaling that headline beats masked some underlying cost pressure. HP Inc. Reports Fiscal 2026 First Quarter Results (Yahoo)
• Neutral Sentiment: Analysts had refreshed expectations ahead of the print; longer‑term FY26 consensus still factors in cost risks — monitor analyst revisions. Top Wall Street Forecasters Revamp HP Expectations Ahead Of Q1
• Negative Sentiment: Q2 guidance was cautious — EPS guidance of $0.70–$0.76 vs. the ~ $0.75 consensus (company midpoint slightly below expectations), which prompted investor concern about near‑term earnings visibility. HP slides as mixed guidance weighs on strong Q1 results
• Negative Sentiment: Management warned FY26 outcomes will likely sit at the low end of prior guidance due to rising memory‑chip costs and U.S. trade regulation risks — the cost/geo‑political angle is the main driver of the stock decline. HP warns US trade regulations, memory chip costs to weigh on annual forecasts

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HPQ shares. The Goldman Sachs Group lowered HP from a “neutral” rating to a “sell” rating and set a $21.00 price target for the company. in a research note on Tuesday, January 13th. Zacks Research downgraded HP from a “hold” rating to a “strong sell” rating in a research report on Friday, November 28th. Barclays reissued an “underweight” rating and issued a $18.00 target price (down from $24.00) on shares of HP in a report on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HP in a research note on Thursday, January 22nd. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of HP in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $23.62.

HP Stock Performance

NYSE:HPQ opened at $18.15 on Wednesday. The firm has a market capitalization of $16.66 billion, a PE ratio of 6.85, a PEG ratio of 0.29 and a beta of 1.21. The stock’s fifty day moving average is $20.61 and its 200 day moving average is $24.50. HP Inc. has a fifty-two week low of $18.00 and a fifty-two week high of $35.01.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The business had revenue of $14.44 billion for the quarter, compared to analysts’ expectations of $13.87 billion. During the same quarter in the previous year, the business posted $0.74 earnings per share. The business’s 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. Equities analysts forecast that HP Inc. will post 3.56 EPS for the current year.

HP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.20 annualized dividend and a yield of 6.6%. HP’s dividend payout ratio (DPR) is presently 45.28%.

About HP

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.