HP Inc. $HPQ Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its stake in shares of HP Inc. (NYSE:HPQ) by 18.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 280,866 shares of the computer maker’s stock after selling 64,707 shares during the quarter. Voya Investment Management LLC’s holdings in HP were worth $7,648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HPQ. WPG Advisers LLC purchased a new position in shares of HP during the 1st quarter worth approximately $25,000. Laurel Wealth Advisors LLC lifted its stake in HP by 2,346.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after purchasing an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of HP during the second quarter worth $27,000. Global Trust Asset Management LLC grew its stake in shares of HP by 492.6% in the second quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after buying an additional 1,000 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in shares of HP by 72.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock valued at $30,000 after buying an additional 512 shares during the period. 77.53% of the stock is owned by hedge funds and other institutional investors.

HP Stock Down 1.1%

Shares of NYSE:HPQ opened at $22.93 on Wednesday. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $35.28. The firm’s 50 day moving average price is $25.44 and its 200 day moving average price is $26.01. The stock has a market cap of $21.04 billion, a price-to-earnings ratio of 8.65, a price-to-earnings-growth ratio of 4.34 and a beta of 1.22.

HP (NYSE:HPQ) last posted its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The company had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. During the same quarter in the previous year, the business posted $0.93 EPS. The firm’s revenue was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. On average, equities analysts anticipate that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th will be paid a $0.30 dividend. This is a boost from HP’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Thursday, December 11th. HP’s payout ratio is 45.28%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Weiss Ratings reissued a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th. The Goldman Sachs Group lowered their price objective on shares of HP from $28.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Zacks Research downgraded shares of HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Finally, Evercore ISI decreased their price target on shares of HP from $29.00 to $25.00 and set an “in-line” rating for the company in a research report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $25.69.

Insider Transactions at HP

In other news, CEO Enrique Lores sold 41,922 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the completion of the transaction, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. This represents a 22.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Anneliese Olson sold 16,726 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total value of $415,306.58. Following the sale, the insider directly owned 169 shares in the company, valued at $4,196.27. This trade represents a 99.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 111,084 shares of company stock valued at $2,931,884 over the last ninety days. 0.38% of the stock is owned by company insiders.

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.