HP Inc. $HPQ Shares Bought by NewSquare Capital LLC

NewSquare Capital LLC raised its stake in HP Inc. (NYSE:HPQ) by 4.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,511 shares of the computer maker’s stock after purchasing an additional 7,263 shares during the period. NewSquare Capital LLC’s holdings in HP were worth $4,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of HPQ. Nuveen LLC acquired a new stake in HP in the 1st quarter valued at about $179,037,000. Invesco Ltd. raised its position in HP by 19.2% in the 1st quarter. Invesco Ltd. now owns 11,340,629 shares of the computer maker’s stock valued at $314,022,000 after purchasing an additional 1,829,411 shares in the last quarter. AustralianSuper Pty Ltd increased its holdings in shares of HP by 32.0% in the 2nd quarter. AustralianSuper Pty Ltd now owns 5,684,655 shares of the computer maker’s stock valued at $139,047,000 after acquiring an additional 1,378,570 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of HP by 96.8% in the 1st quarter. Ameriprise Financial Inc. now owns 2,332,414 shares of the computer maker’s stock valued at $64,642,000 after acquiring an additional 1,147,342 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new position in shares of HP in the 1st quarter valued at about $22,377,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HPQ shares. HSBC set a $30.00 price objective on HP and gave the company a “buy” rating in a report on Tuesday, October 14th. Zacks Research upgraded HP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research note on Wednesday, October 8th. Wall Street Zen downgraded HP from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. Finally, Barclays dropped their price target on HP from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $28.71.

HP Stock Performance

Shares of HPQ stock opened at $27.04 on Tuesday. The stock has a fifty day moving average price of $27.74 and a 200 day moving average price of $26.48. The stock has a market cap of $25.28 billion, a PE ratio of 9.87, a P/E/G ratio of 2.23 and a beta of 1.29. HP Inc. has a 1 year low of $21.21 and a 1 year high of $39.79.

HP (NYSE:HPQ) last released 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 negative return on equity of 262.03% and a net margin of 4.83%.The company had revenue of $13.93 billion during the quarter, compared to the consensus estimate of $13.69 billion. During the same quarter last year, the business posted $0.83 earnings per share. HP’s 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. As a group, equities research analysts predict that HP Inc. will post 3.56 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the transaction, the insider directly owned 169 shares in the company, valued at approximately $4,711.72. This trade represents a 99.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Enrique Lores sold 34,282 shares of HP 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 transaction, the chief executive officer owned 3 shares in the company, valued at approximately $80.55. This trade represents a 99.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.38% of the stock is currently owned by corporate insiders.

HP 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.