Versor Investments LP Has $1.55 Million Stock Position in HP Inc. $HPQ

Versor Investments LP grew its stake in shares of HP Inc. (NYSE:HPQ) by 54.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,700 shares of the computer maker’s stock after purchasing an additional 24,600 shares during the period. Versor Investments LP’s holdings in HP were worth $1,553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in HPQ. Baird Financial Group Inc. raised its holdings in shares of HP by 13.1% during the second quarter. Baird Financial Group Inc. now owns 114,169 shares of the computer maker’s stock valued at $2,793,000 after purchasing an additional 13,265 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of HP by 2.7% during the second quarter. Gamco Investors INC. ET AL now owns 21,230 shares of the computer maker’s stock valued at $519,000 after purchasing an additional 551 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of HP by 6.4% during the second quarter. Daiwa Securities Group Inc. now owns 145,337 shares of the computer maker’s stock valued at $3,555,000 after purchasing an additional 8,779 shares during the period. Treasurer of the State of North Carolina raised its holdings in shares of HP by 70.5% during the second quarter. Treasurer of the State of North Carolina now owns 731,574 shares of the computer maker’s stock valued at $17,894,000 after purchasing an additional 302,578 shares during the period. Finally, HUB Investment Partners LLC acquired a new position in shares of HP during the second quarter valued at about $233,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Evercore set a $22.00 target price on shares of HP in a report on Thursday, February 19th. Barclays lowered their target price on shares of HP from $18.00 to $16.00 and set an “underweight” rating on the stock in a report on Wednesday, February 25th. The Goldman Sachs Group lowered their target price on shares of HP from $21.00 to $16.00 and set a “sell” rating on the stock in a report on Wednesday, February 25th. Wells Fargo & Company lowered their target price on shares of HP from $25.00 to $18.00 and set an “underweight” rating on the stock in a report on Wednesday, February 25th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of HP in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, HP presently has a consensus rating of “Reduce” and an average target price of $21.58.

HP Stock Performance

NYSE:HPQ opened at $21.69 on Tuesday. The firm has a market cap of $19.83 billion, a price-to-earnings ratio of 8.21, a price-to-earnings-growth ratio of 6.30 and a beta of 1.09. HP Inc. has a 52 week low of $17.56 and a 52 week high of $29.55. The firm has a 50-day moving average price of $19.45 and a two-hundred day moving average price of $21.52.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 EPS for the quarter, beating the consensus estimate of $0.77 by $0.04. The firm had revenue of $14.44 billion during the quarter, compared to analyst estimates of $13.87 billion. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $0.74 EPS. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. As a group, sell-side analysts forecast that HP Inc. will post 2.84 earnings per share for the current year.

HP 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.