Generali Asset Management SPA SGR Has $115,000 Holdings in HP Inc. $HPQ

Generali Asset Management SPA SGR decreased its stake in shares of HP Inc. (NYSE:HPQ) by 91.0% during the second quarter, HoldingsChannel.com reports. The fund owned 4,684 shares of the computer maker’s stock after selling 47,540 shares during the period. Generali Asset Management SPA SGR’s holdings in HP were worth $115,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. WPG Advisers LLC acquired a new position in shares of HP during the 1st quarter valued at about $25,000. Global Trust Asset Management LLC increased its holdings in shares of HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after acquiring an additional 1,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of HP during the 1st quarter valued at about $35,000. Iron Horse Wealth Management LLC acquired a new position in shares of HP during the 1st quarter valued at about $39,000. Finally, Golden State Wealth Management LLC increased its holdings in shares of HP by 165.3% during the 1st quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker’s stock valued at $42,000 after acquiring an additional 947 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Trading Up 0.7%

Shares of HPQ stock opened at $27.39 on Friday. The stock has a 50 day moving average of $27.54 and a two-hundred day moving average of $26.10. HP Inc. has a 12 month low of $21.21 and a 12 month high of $39.79. The company has a market capitalization of $25.60 billion, a P/E ratio of 10.00, a P/E/G ratio of 2.20 and a beta of 1.29.

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

Wall Street Analysts Forecast Growth

HPQ has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HP in a report on Wednesday, October 8th. Evercore ISI reaffirmed an “in-line” rating and issued a $29.00 target price on shares of HP in a report on Wednesday, September 10th. Zacks Research raised HP from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 19th. JPMorgan Chase & Co. raised their target price on HP from $27.00 to $30.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. Finally, UBS Group raised their target price on HP from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $28.71.

Insider Activity at HP

In related news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the transaction, the chief executive officer owned 3 shares in the company, valued at $80.55. This trade represents a 99.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.38% of the company’s stock.

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.