Lombard Odier Asset Management Europe Ltd Makes New $4.44 Million Investment in HP Inc. $HPQ

Lombard Odier Asset Management Europe Ltd purchased a new position in HP Inc. (NYSE:HPQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 199,377 shares of the computer maker’s stock, valued at approximately $4,442,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of HP by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 132,094,388 shares of the computer maker’s stock worth $2,943,063,000 after purchasing an additional 2,435,634 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of HP by 8.6% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,981,864 shares of the computer maker’s stock worth $45,063,000 after purchasing an additional 157,464 shares during the period. Capitolis Liquid Global Markets LLC bought a new position in HP during the third quarter valued at about $22,601,000. PFA Pension Forsikringsaktieselskab bought a new position in HP during the fourth quarter valued at about $31,899,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in HP by 5.5% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,977,716 shares of the computer maker’s stock valued at $43,747,000 after acquiring an additional 103,175 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on HPQ. Weiss Ratings reiterated a “hold (c-)” rating on shares of HP in a research note on Monday, May 4th. Wall Street Zen raised HP from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup lifted their price objective on HP from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Barclays lifted their price objective on HP from $16.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Finally, Evercore set a $22.00 price objective on HP in a report on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $23.33.

HP Price Performance

NYSE HPQ opened at $24.29 on Wednesday. The firm has a market cap of $22.21 billion, a PE ratio of 8.96, a price-to-earnings-growth ratio of 4.15 and a beta of 1.17. HP Inc. has a one year low of $17.56 and a one year high of $29.65. The stock’s 50 day simple moving average is $22.18 and its 200 day simple moving average is $21.27.

HP (NYSE:HPQ) last released its quarterly earnings results on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. The business had revenue of $14.41 billion for the quarter, compared to analyst estimates of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.HP’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.71 EPS. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. As a group, equities analysts expect that HP Inc. will post 2.98 earnings per share for the current year.

HP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 9th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Wednesday, September 9th. HP’s dividend payout ratio (DPR) is presently 44.28%.

Insider Buying and Selling

In other HP news, insider David P. Mcquarrie sold 10,524 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $24.68, for a total value of $259,732.32. Following the transaction, the insider directly owned 92,200 shares in the company, valued at approximately $2,275,496. This trade represents a 10.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.18% of the company’s stock.

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.