HP Inc. $HPQ Shares Sold by ASR Vermogensbeheer N.V.

ASR Vermogensbeheer N.V. cut its stake in HP Inc. (NYSE:HPQ) by 3.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,977 shares of the computer maker’s stock after selling 4,717 shares during the period. ASR Vermogensbeheer N.V.’s holdings in HP were worth $3,791,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HPQ. WPG Advisers LLC acquired a new stake in shares of HP in the 1st quarter valued at about $25,000. Global Trust Asset Management LLC raised its stake in HP by 492.6% during the second quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after buying an additional 1,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in HP during the first quarter valued at approximately $35,000. Iron Horse Wealth Management LLC acquired a new stake in HP during the first quarter valued at approximately $39,000. Finally, Financial Freedom LLC raised its position in shares of HP by 141.4% during the 1st quarter. Financial Freedom LLC now owns 1,499 shares of the computer maker’s stock valued at $42,000 after acquiring an additional 878 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity at HP

In other news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $26.85, for a total transaction of $920,471.70. Following the transaction, the chief executive officer directly owned 3 shares of the company’s stock, valued at approximately $80.55. This trade represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on HPQ shares. Dbs Bank lowered HP from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, June 11th. Evercore ISI reissued an “in-line” rating and set a $29.00 target price on shares of HP in a report on Wednesday, September 10th. Sanford C. Bernstein started coverage on shares of HP in a research note on Monday, September 15th. They set a “market perform” rating and a $30.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research note on Saturday, September 27th. Finally, Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th. One equities research analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, HP presently has an average rating of “Hold” and an average price target of $29.38.

HP Stock Up 0.5%

HPQ stock opened at $26.62 on Friday. The firm’s 50-day simple moving average is $27.15 and its 200 day simple moving average is $26.20. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $39.79. The stock has a market cap of $24.88 billion, a PE ratio of 9.71, a price-to-earnings-growth ratio of 2.13 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 EPS for the quarter, meeting 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 analyst estimates of $13.69 billion. During the same quarter last year, the business earned $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. Equities analysts forecast that HP Inc. will post 3.56 EPS for the current fiscal year.

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.