HP Sees Unusually Large Options Volume (NYSE:HPQ)

HP Inc. (NYSE:HPQ) was the recipient of unusually large options trading on Monday. Stock traders acquired 26,656 put options on the stock. This represents an increase of 62% compared to the typical volume of 16,443 put options.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HPQ. Zacks Research downgraded HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Citigroup cut their price target on HP from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Morgan Stanley lowered their price objective on HP from $21.00 to $20.00 and set an “underweight” rating for the company in a research note on Wednesday, November 26th. Hsbc Global Res upgraded shares of HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. reduced their target price on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a 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 issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $25.69.

Insiders Place Their Bets

In related news, CEO Enrique Lores sold 41,922 shares of HP stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the sale, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. The trade was a 22.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Anneliese Olson sold 18,154 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the transaction, the insider directly owned 169 shares of the company’s stock, valued at approximately $4,711.72. The trade was a 99.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 76,802 shares of company stock valued at $2,011,412 in the last three months. 0.38% of the stock is owned by insiders.

Institutional Investors Weigh In On HP

A number of large investors have recently bought and sold shares of HPQ. Plato Investment Management Ltd grew its position in HP by 1.2% in the 1st quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock worth $869,000 after purchasing an additional 363 shares in the last quarter. Richardson Financial Services Inc. increased its position in shares of HP by 14.9% during the third quarter. Richardson Financial Services Inc. now owns 2,827 shares of the computer maker’s stock valued at $77,000 after acquiring an additional 367 shares during the last quarter. Coppell Advisory Solutions LLC lifted its holdings in HP by 4.4% during the first quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock worth $223,000 after acquiring an additional 369 shares during the period. Fiduciary Financial Group LLC lifted its holdings in HP by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock worth $324,000 after acquiring an additional 390 shares during the period. Finally, Auxano Advisors LLC grew its stake in HP by 4.4% in the 3rd quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock valued at $252,000 after purchasing an additional 391 shares during the period. 77.53% of the stock is currently owned by institutional investors and hedge funds.

HP Stock Performance

Shares of NYSE:HPQ traded down $0.54 during trading on Monday, reaching $22.72. The stock had a trading volume of 11,537,239 shares, compared to its average volume of 9,574,912. HP has a 52 week low of $21.21 and a 52 week high of $35.28. The firm’s fifty day moving average is $25.17 and its 200 day moving average is $25.97. The stock has a market cap of $20.86 billion, a price-to-earnings ratio of 8.57, a P/E/G ratio of 4.36 and a beta of 1.22.

HP (NYSE:HPQ) last issued its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The firm had revenue of $14.64 billion during the quarter, compared to the consensus estimate of $14.50 billion. During the same period last year, the business posted $0.93 EPS. The business’s revenue was up 4.2% compared to the same quarter last year. 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, research analysts forecast that HP will post 3.56 earnings per share for the current fiscal year.

HP Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be paid a $0.30 dividend. The ex-dividend date is Thursday, December 11th. This represents a $1.20 annualized dividend and a dividend yield of 5.3%. This is an increase from HP’s previous quarterly dividend of $0.29. HP’s dividend payout ratio (DPR) is presently 45.28%.

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.