HP Inc. (NYSE:HPQ) Receives Consensus Rating of “Hold” from Analysts

Shares of HP Inc. (NYSE:HPQ) have earned an average rating of “Hold” from the seventeen research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and one has assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $29.3750.

Several equities research analysts have recently weighed in on HPQ shares. UBS Group upped their target price on HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Dbs Bank lowered HP from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, June 11th. Barclays lowered their price objective on shares of HP from $28.00 to $27.00 and set an “equal weight” rating for the company in a research report on Thursday, August 28th. Sanford C. Bernstein began coverage on shares of HP in a research report on Monday, September 15th. They set a “market perform” rating and a $30.00 target price on the stock. Finally, Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th.

HP Stock Up 0.5%

Shares of HPQ stock opened at $26.62 on Tuesday. The stock has a market cap of $24.88 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. HP has a fifty-two week low of $21.21 and a fifty-two week high of $39.79. The firm’s 50 day moving average price is $27.15 and its two-hundred day moving average price is $26.18.

HP (NYSE:HPQ) last released its quarterly earnings data 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 net margin of 4.83% and a negative return on equity of 262.03%. The company had revenue of $13.93 billion during the quarter, compared to analyst estimates of $13.69 billion. During the same quarter in the prior year, the business earned $0.83 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, equities analysts forecast that HP will post 3.56 EPS for the current fiscal year.

Insider Buying and Selling at HP

In other news, CEO Enrique Lores sold 34,282 shares of HP stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $26.85, for a total transaction of $920,471.70. Following the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.38% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On HP

Several hedge funds and other institutional investors have recently bought and sold shares of the business. WPG Advisers LLC purchased a new position in shares of HP during the 1st quarter valued at approximately $25,000. Laurel Wealth Advisors LLC boosted its stake in HP by 2,346.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after acquiring an additional 1,009 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in HP during the 2nd quarter worth $27,000. Global Trust Asset Management LLC grew its holdings in HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its position 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 worth $30,000 after purchasing an additional 512 shares during the last quarter. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

About HP

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.