HP Inc. $HPQ Shares Purchased by Caxton Associates LLP

Caxton Associates LLP raised its stake in HP Inc. (NYSE:HPQ) by 625.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 172,893 shares of the computer maker’s stock after buying an additional 149,067 shares during the period. Caxton Associates LLP’s holdings in HP were worth $3,321,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. IHT Wealth Management LLC boosted its stake in shares of HP by 3.3% during the 2nd quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock worth $305,000 after acquiring an additional 398 shares in the last quarter. Vident Advisory LLC raised its position in shares of HP by 0.6% during the second quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock worth $1,702,000 after purchasing an additional 444 shares during the period. Vise Technologies Inc. lifted its holdings in shares of HP by 2.4% during the third quarter. Vise Technologies Inc. now owns 20,531 shares of the computer maker’s stock valued at $559,000 after purchasing an additional 477 shares during the last quarter. Centennial Wealth Advisory LLC boosted its position in shares of HP by 2.7% in the 4th quarter. Centennial Wealth Advisory LLC now owns 19,640 shares of the computer maker’s stock valued at $438,000 after purchasing an additional 518 shares during the period. Finally, Gamco Investors INC. ET AL increased its stake in HP by 2.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 21,230 shares of the computer maker’s stock worth $519,000 after purchasing an additional 551 shares in the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

Insider Activity at HP

In related news, insider David P. Mcquarrie sold 10,524 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $24.68, for a total value of $259,732.32. Following the completion of the sale, the insider owned 92,200 shares of the company’s stock, valued at approximately $2,275,496. The trade was a 10.24% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

HPQ has been the subject of a number of analyst reports. Bank of America upped their price objective on shares of HP from $16.00 to $18.00 and gave the company an “underperform” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. increased their target price on HP from $22.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Weiss Ratings raised HP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 6th. Wells Fargo & Company lifted their price target on HP from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Finally, Zacks Research raised HP from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $23.33.

HP Stock Down 2.1%

HP stock opened at $24.57 on Friday. HP Inc. has a 12 month low of $17.56 and a 12 month high of $29.65. The stock has a market cap of $22.47 billion, a P/E ratio of 9.07, a P/E/G ratio of 4.23 and a beta of 1.19. The company’s fifty day simple moving average is $24.04 and its 200-day simple moving average is $21.17.

HP (NYSE:HPQ) last released its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The firm had revenue of $14.41 billion during the quarter, compared to analysts’ expectations of $13.99 billion. During the same quarter last year, the firm earned $0.71 earnings per share. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. On average, equities research analysts expect that HP Inc. will post 2.98 earnings per share for the current fiscal year.

HP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Wednesday, September 9th. HP’s payout ratio is currently 44.28%.

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.