Nisa Investment Advisors LLC Reduces Holdings in HP Inc. $HPQ

Nisa Investment Advisors LLC decreased its holdings in HP Inc. (NYSE:HPQ) by 10.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 440,612 shares of the computer maker’s stock after selling 49,675 shares during the quarter. Nisa Investment Advisors LLC’s holdings in HP were worth $10,905,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WPG Advisers LLC purchased a new position in shares of HP in the first quarter worth approximately $25,000. Global Trust Asset Management LLC raised its stake 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 during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in HP during the 1st quarter worth approximately $35,000. Iron Horse Wealth Management LLC bought a new stake in HP during the 1st quarter worth approximately $39,000. Finally, Golden State Wealth Management LLC raised its stake in HP by 165.3% during the 1st quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker’s stock worth $42,000 after acquiring an additional 947 shares during the period. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Enrique Lores sold 34,282 shares of the business’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $26.85, for a total value of $920,471.70. Following the sale, the chief executive officer owned 3 shares in the company, valued at approximately $80.55. The trade was a 99.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on HPQ. Hsbc Global Res upgraded shares of HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Sanford C. Bernstein began coverage on shares of HP in a research note on Monday, September 15th. They set a “market perform” rating and a $30.00 target price on the stock. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research note on Sunday. UBS Group raised their target price on shares of HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. Finally, Barclays lowered their target price on shares of HP from $28.00 to $27.00 and set an “equal weight” rating on the stock in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $28.71.

HP Stock Performance

HPQ stock opened at $27.87 on Tuesday. The company’s fifty day moving average price is $27.68 and its 200-day moving average price is $26.32. HP Inc. has a one year low of $21.21 and a one year high of $39.79. The company has a market capitalization of $26.05 billion, a PE ratio of 10.17, a price-to-earnings-growth ratio of 2.22 and a beta of 1.29.

HP (NYSE:HPQ) last announced its quarterly 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. 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 for the quarter, compared to analysts’ expectations of $13.69 billion. During the same quarter in the previous year, the business posted $0.83 earnings per share. HP’s quarterly revenue was up 3.1% on a year-over-year basis. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, research analysts predict that HP Inc. will post 3.56 EPS for the current fiscal year.

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.