HP Inc. $HPQ Shares Sold by CKW Financial Group

CKW Financial Group trimmed its position in shares of HP Inc. (NYSE:HPQ) by 66.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,020 shares of the computer maker’s stock after selling 2,000 shares during the quarter. CKW Financial Group’s holdings in HP were worth $28,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. WPG Advisers LLC acquired a new position in HP during the first quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in HP during the first quarter worth about $35,000. Iron Horse Wealth Management LLC acquired a new position in HP during the first quarter worth about $39,000. Financial Freedom LLC grew its position in HP by 141.4% during the first quarter. Financial Freedom LLC now owns 1,499 shares of the computer maker’s stock worth $42,000 after buying an additional 878 shares during the period. Finally, Golden State Wealth Management LLC grew its position in HP by 165.3% during the first quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker’s stock worth $42,000 after buying an additional 947 shares during the period. 77.53% of the stock is currently owned by institutional investors and hedge funds.

HP Price Performance

HPQ stock opened at $29.33 on Friday. The company’s 50 day simple moving average is $26.20 and its 200-day simple moving average is $26.60. The firm has a market capitalization of $27.42 billion, a PE ratio of 10.70, a P/E/G ratio of 2.36 and a beta of 1.29. HP Inc. has a 12 month low of $21.21 and a 12 month high of $39.79.

HP (NYSE:HPQ) last released its quarterly earnings results on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. The business had revenue of $13.93 billion for the quarter, compared to analyst estimates of $13.69 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. As a group, sell-side analysts anticipate that HP Inc. will post 3.56 earnings per share for the current year.

HP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, September 10th will be paid a dividend of $0.2894 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.16 annualized dividend and a dividend yield of 3.9%. HP’s dividend payout ratio is presently 42.34%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. Wall Street Zen upgraded shares of HP from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. TD Cowen lowered their target price on shares of HP from $38.00 to $28.00 and set a “hold” rating on the stock in a research report on Thursday, May 29th. Barclays lowered their target price on shares of HP from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. Finally, Citigroup lowered their price target on shares of HP from $29.00 to $27.50 and set a “neutral” rating on the stock in a research report on Thursday, May 29th. Two investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, HP currently has an average rating of “Hold” and a consensus target price of $29.96.

HP Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.