HP Inc. $HPQ Shares Purchased by Vest Financial LLC

Vest Financial LLC increased its stake in shares of HP Inc. (NYSE:HPQ) by 87.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 153,350 shares of the computer maker’s stock after acquiring an additional 71,634 shares during the period. Vest Financial LLC’s holdings in HP were worth $3,417,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Richardson Financial Services Inc. boosted its stake in HP by 14.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 2,827 shares of the computer maker’s stock worth $77,000 after purchasing an additional 367 shares during the period. Auxano Advisors LLC boosted its stake in HP by 4.4% in the 3rd quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock worth $252,000 after purchasing an additional 391 shares during the period. IHT Wealth Management LLC boosted its stake in HP by 3.3% in the 2nd quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock worth $305,000 after purchasing an additional 398 shares during the period. Vident Advisory LLC boosted its stake in HP by 0.6% in the 2nd quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock worth $1,702,000 after purchasing an additional 444 shares during the period. Finally, Personal CFO Solutions LLC boosted its stake in HP by 2.2% in the 3rd quarter. Personal CFO Solutions LLC now owns 21,492 shares of the computer maker’s stock worth $585,000 after purchasing an additional 459 shares during the period. 77.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Wells Fargo & Company decreased their price objective on shares of HP from $25.00 to $18.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. Morgan Stanley cut their target price on shares of HP from $18.00 to $16.00 and set an “underweight” rating for the company in a research report on Wednesday, February 25th. Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Bank of America reiterated an “underperform” rating and issued a $20.00 target price (down from $26.00) on shares of HP in a research report on Tuesday, February 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, HP presently has an average rating of “Reduce” and a consensus price target of $21.58.

HP Trading Up 2.1%

NYSE HPQ opened at $20.15 on Thursday. The stock’s 50 day moving average is $19.08 and its two-hundred day moving average is $21.83. The company has a market capitalization of $18.43 billion, a price-to-earnings ratio of 7.63, a PEG ratio of 5.49 and a beta of 1.11. HP Inc. has a 1-year low of $17.56 and a 1-year high of $29.55.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, February 24th. The computer maker reported $0.81 EPS for the quarter, topping the consensus estimate 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%.HP’s revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.74 EPS. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, analysts predict that HP Inc. will post 2.84 earnings per share for the current year.

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.