Arista Wealth Management LLC Invests $259,000 in HP Inc. $HPQ

Arista Wealth Management LLC bought a new position in HP Inc. (NYSE:HPQ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,600 shares of the computer maker’s stock, valued at approximately $259,000.

A number of other institutional investors have also recently modified their holdings of HPQ. Plato Investment Management Ltd boosted its position in shares of HP by 1.2% during the first quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock valued at $869,000 after buying an additional 363 shares during the last quarter. Coppell Advisory Solutions LLC boosted its position in shares of HP by 4.4% during the first quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock valued at $223,000 after buying an additional 369 shares during the last quarter. Fiduciary Financial Group LLC boosted its position in shares of HP by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock valued at $324,000 after buying an additional 390 shares during the last quarter. Bleakley Financial Group LLC boosted its position in shares of HP by 2.1% during the first quarter. Bleakley Financial Group LLC now owns 20,262 shares of the computer maker’s stock valued at $561,000 after buying an additional 411 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in shares of HP by 13.3% during the first quarter. Private Trust Co. NA now owns 3,684 shares of the computer maker’s stock valued at $102,000 after buying an additional 433 shares during the last quarter. 77.53% of the stock is owned by hedge funds and other institutional investors.

HP Stock Performance

Shares of NYSE:HPQ opened at $27.39 on Friday. The stock has a market capitalization of $25.60 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 2.19 and a beta of 1.29. The stock’s 50-day simple moving average is $27.54 and its two-hundred day simple moving average is $26.11. HP Inc. has a 52-week low of $21.21 and a 52-week high of $39.79.

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

Insider Activity at HP

In other news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $26.85, for a total value of $920,471.70. Following the transaction, the chief executive officer owned 3 shares of the company’s stock, valued at $80.55. This trade represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.38% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on HPQ shares. Evercore ISI reaffirmed an “in-line” rating and set a $29.00 price objective on shares of HP in a research report on Wednesday, September 10th. Sanford C. Bernstein started coverage on HP in a research report on Monday, September 15th. They set a “market perform” rating and a $30.00 price objective on the stock. Barclays dropped their price objective on HP from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. JPMorgan Chase & Co. raised their target price on HP from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Thursday, August 28th. Finally, Wall Street Zen raised HP from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $28.71.

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.