J. Safra Sarasin Holding AG raised its position in shares of HP Inc. (NYSE:HPQ – Free Report) by 299.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,543 shares of the computer maker’s stock after acquiring an additional 34,148 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in HP were worth $1,240,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Patton Fund Management Inc. acquired a new stake in HP during the second quarter worth about $213,000. V Square Quantitative Management LLC boosted its position in shares of HP by 12.5% during the 2nd quarter. V Square Quantitative Management LLC now owns 25,080 shares of the computer maker’s stock worth $613,000 after acquiring an additional 2,794 shares in the last quarter. LBP AM SA acquired a new position in shares of HP in the 2nd quarter valued at $7,279,000. Community Bank & Trust Waco Texas grew its stake in HP by 4.6% during the 2nd quarter. Community Bank & Trust Waco Texas now owns 19,369 shares of the computer maker’s stock worth $474,000 after buying an additional 844 shares during the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. grew its position in HP by 0.3% during the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 590,228 shares of the computer maker’s stock worth $14,437,000 after purchasing an additional 1,878 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.
Insider Transactions at HP
In other news, insider Anneliese Olson sold 16,726 shares of HP stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the transaction, 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. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares in the company, valued at $3,677,856. The trade was a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 91,969 shares of company stock valued at $2,277,993 over the last three months. Company insiders own 0.38% of the company’s stock.
HP Stock Performance
HP (NYSE:HPQ – Get Free Report) last announced its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 EPS. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, sell-side analysts forecast that HP Inc. will post 3.56 earnings per share for the current year.
HP Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Wednesday, March 11th. HP’s payout ratio is presently 45.28%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the stock. TD Cowen lowered their target price on shares of HP from $28.00 to $26.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. The Goldman Sachs Group downgraded shares of HP from a “neutral” rating to a “sell” rating and set a $21.00 price objective on the stock. in a research note on Tuesday, January 13th. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. UBS Group set a $24.00 price objective on shares of HP in a research report on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of HP in a report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $24.77.
Check Out Our Latest Stock Report on HPQ
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.
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