Commonwealth Retirement Investments LLC Increases Holdings in HP Inc. $HPQ

Commonwealth Retirement Investments LLC raised its stake in shares of HP Inc. (NYSE:HPQ) by 6.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 55,122 shares of the computer maker’s stock after buying an additional 3,526 shares during the period. Commonwealth Retirement Investments LLC’s holdings in HP were worth $1,348,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. WPG Advisers LLC bought a new stake in shares of HP during the 1st quarter valued at $25,000. Global Trust Asset Management LLC grew its position 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 period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of HP during the 1st quarter valued at $35,000. Iron Horse Wealth Management LLC bought a new stake in shares of HP during the 1st quarter valued at $39,000. Finally, Quaker Wealth Management LLC grew its position in shares of HP by 203.9% during the 2nd quarter. Quaker Wealth Management LLC now owns 1,692 shares of the computer maker’s stock valued at $41,000 after acquiring an additional 3,320 shares during the period. Institutional investors own 77.53% of the company’s stock.

HP Stock Performance

Shares of HP stock opened at $25.93 on Wednesday. The company has a market capitalization of $24.24 billion, a P/E ratio of 9.46, a P/E/G ratio of 2.23 and a beta of 1.29. The company has a fifty day moving average of $27.72 and a 200 day moving average of $26.49. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $39.79.

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

Insider Activity

In related news, insider Anneliese Olson sold 18,154 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total value of $506,133.52. Following the completion of the transaction, the insider owned 169 shares of the company’s stock, valued at approximately $4,711.72. This trade represents a 99.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Enrique Lores sold 34,282 shares of the stock in a transaction dated Monday, September 29th. The shares were 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 directly owned 3 shares of the company’s stock, valued at approximately $80.55. The trade was a 99.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.38% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HPQ. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Evercore ISI reiterated an “in-line” rating and issued a $29.00 price target on shares of HP in a research report on Wednesday, September 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th. Wall Street Zen downgraded shares of HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. Finally, JPMorgan Chase & Co. downgraded shares of HP from an “overweight” rating to a “neutral” rating and set a $30.00 target price for the company. in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $28.71.

HP Company 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.