HP Inc. $HPQ Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC trimmed its position in shares of HP Inc. (NYSE:HPQ) by 3.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 715,605 shares of the computer maker’s stock after selling 27,042 shares during the period. Clifford Swan Investment Counsel LLC owned approximately 0.08% of HP worth $19,486,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC lifted its stake 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 acquiring an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in HP during the second quarter worth about $27,000. Westfuller Advisors LLC purchased a new stake in HP during the third quarter worth about $28,000. Cary Street Partners Investment Advisory LLC lifted its position in shares of HP by 72.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock worth $30,000 after purchasing an additional 512 shares in the last quarter. Finally, Corsicana & Co. purchased a new position in shares of HP in the third quarter valued at approximately $33,000. 77.53% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: Q1 results beat expectations — HP reported stronger-than-expected revenue and EPS (non‑GAAP EPS $0.81 vs. $0.77 est.), driven by Personal Systems strength, which underpins near‑term earnings momentum. HP Q1 Earnings Call Highlights
• Positive Sentiment: Broad market sentiment boosted demand — S&P 500 futures and general risk‑on tone helped lift HP alongside peers, supporting the intraday rebound from post‑earnings weakness. HP Moves Higher with S&P 500 Futures Market Sentiment
• Positive Sentiment: Unusually large call‑option activity signals speculative / institutional bullish positioning — heavy call buying suggests some traders are betting on a rebound or greater volatility to the upside.
• Neutral Sentiment: Investor commentary frames current weakness as a short‑term opportunity — several analysts and market commentators say the market is over‑reacting to near‑term headwinds, highlighting potential longer‑term value if cost pressures ease. Seeking Alpha: Short‑Term Focus Presents Opportunity
• Negative Sentiment: Management warned memory‑chip cost pressures will persist and signaled softer PC demand ahead — the CFO’s caution knocked momentum off the earnings beat and prompted investor concern about margin compression. HP Warns Memory Crunch Will Linger
• Negative Sentiment: Analysts cut targets and downgraded the stock — multiple firms trimmed price targets (Goldman, Morgan Stanley, Wells Fargo, Barclays) and moved to underweight/sell, increasing selling pressure and lowering near‑term upside expectations. Wells Fargo Cuts Target Barclays Lowers Target
• Negative Sentiment: Margin squeeze from surging memory costs is a near‑term earnings risk — coverage pieces and analysts highlight that higher memory costs materially pressure gross margins even as revenue grows. Benzinga: Margin Squeeze Deepens

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company cut their target price on shares of HP from $25.00 to $18.00 and set an “underweight” rating on the stock in a research note on Wednesday. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of HP in a research report on Monday, December 1st. UBS Group decreased their target price on HP from $26.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Barclays cut their price target on HP from $18.00 to $16.00 and set an “underweight” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of HP in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, HP currently has a consensus rating of “Reduce” and an average price target of $22.23.

HP Price Performance

Shares of NYSE HPQ opened at $18.83 on Friday. The business has a 50-day moving average of $20.39 and a two-hundred day moving average of $24.42. The company has a market capitalization of $17.29 billion, a price-to-earnings ratio of 7.13, a price-to-earnings-growth ratio of 0.29 and a beta of 1.21. HP Inc. has a 1 year low of $17.56 and a 1 year high of $33.90.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. The business had revenue of $14.44 billion for the quarter, compared to the consensus estimate of $13.87 billion. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.74 EPS. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. As a group, 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 disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Wednesday, March 11th. HP’s payout ratio is currently 45.45%.

Insider Activity

In related news, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at $3,677,856. The trade was a 22.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 value of $415,306.58. Following the transaction, the insider directly owned 169 shares in the company, valued at approximately $4,196.27. The trade was a 99.00% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 91,969 shares of company stock worth $2,277,993. Corporate 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.