HP Inc. $HPQ Shares Sold by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC decreased its holdings in shares of HP Inc. (NYSE:HPQ) by 54.5% in the third quarter, Holdings Channel reports. The firm owned 20,111 shares of the computer maker’s stock after selling 24,100 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in HP were worth $629,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. North Point Portfolio Managers Corp OH bought a new stake in shares of HP in the 3rd quarter valued at approximately $28,000. Aberdeen Wealth Management LLC acquired a new position in shares of HP in the 2nd quarter worth approximately $29,000. MCF Advisors LLC lifted its position in shares of HP by 149.0% during the 2nd quarter. MCF Advisors LLC now owns 1,337 shares of the computer maker’s stock worth $29,000 after buying an additional 800 shares during the period. West Paces Advisors Inc. bought a new position in shares of HP during the 2nd quarter worth approximately $34,000. Finally, Compass Financial Management LLC acquired a new stake in HP in the 2nd quarter valued at $38,000. Institutional investors own 77.53% of the company’s stock.

Insiders Place Their Bets

In other news, insider Anneliese Olson sold 18,997 shares of the firm’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $32.56, for a total value of $618,542.32. Following the completion of the sale, the insider directly owned 169 shares in the company, valued at approximately $5,502.64. This trade represents a 99.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David McQuarrie sold 31,572 shares of HP stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $32.12, for a total value of $1,014,092.64. Following the completion of the transaction, the insider directly owned 8,008 shares of the company’s stock, valued at $257,216.96. This represents a 79.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 82,141 shares of company stock valued at $2,557,063. 0.18% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

HPQ has been the topic of a number of analyst reports. The Goldman Sachs Group upped their price target on HP from $19.00 to $21.00 and gave the company a “sell” rating in a research report on Wednesday, August 12th. Sanford C. Bernstein reiterated a “market perform” rating and set a $32.00 price objective on shares of HP in a research note on Thursday, August 27th. Weiss Ratings raised HP from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 16th. UBS Group boosted their target price on shares of HP from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 27th. Finally, Royal Bank Of Canada initiated coverage on shares of HP in a report on Thursday, September 10th. They issued a “sector perform” rating and a $33.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $25.42.

HP Price Performance

NYSE HPQ opened at $28.82 on Friday. The stock’s 50 day simple moving average is $31.73 and its 200 day simple moving average is $24.54. HP Inc. has a one year low of $17.56 and a one year high of $36.22. The firm has a market cap of $25.99 billion, a PE ratio of 11.00, a price-to-earnings-growth ratio of 1.50 and a beta of 1.17.

HP (NYSE:HPQ) last issued its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.17. The firm had revenue of $15.68 billion during the quarter, compared to the consensus estimate of $14.44 billion. HP had a negative return on equity of 947.78% and a net margin of 4.14%. The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. As a group, equities analysts expect that HP Inc. will post 3.23 earnings per share for the current year.

HP News Summary

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP’s lower valuation relative to Apple, along with continued adoption of AI-enabled PCs and demand for premium commercial devices, supports the stock’s long-term investment case. HPQ vs. AAPL: Which Computer Stock Offers Better Investment Potential?
• Positive Sentiment: HP previously exceeded quarterly expectations, reporting $0.83 in adjusted earnings per share versus a $0.66 consensus estimate and $15.68 billion in revenue, up 12.5% year over year. This provides some fundamental support, although investors are focused more heavily on forward PC demand. HP Inc. earnings preview: What to expect
• Neutral Sentiment: Insider Anneliese Olson sold approximately $618,542 of HP stock to cover tax withholding tied to vested equity awards. Because the sale was described as tax-related rather than discretionary, it is a limited signal about management’s outlook. Insider Selling: HP Insider Sells $618,542.32 in Stock
• Negative Sentiment: Intel’s warning that memory shortages are constraining PC demand triggered selling across computer and server makers, including HP. Investors fear tighter component availability, weaker PC shipments and margin pressure could weigh on HP’s upcoming results. Dell Sinks as Intel’s Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak guidance and margin concerns reinforced fears of a broader PC-market downturn, increasing pressure on HP’s consumer-computing business and near-term earnings outlook. Silicon Shock: Intel’s 25% Valuation Reset
• Negative Sentiment: Zacks Research downgraded HP from “strong buy” to “hold,” adding to the cautious tone surrounding the stock. Broader analyst sentiment remains restrained, with concerns about slowing PC demand despite HP’s inexpensive valuation. Zacks Research stock recommendations

HP Profile

HP Inc (NYSE: HPQ) is a global technology company that develops personal computing and printing products, services, and solutions. Its portfolio includes laptops, desktop computers, workstations, monitors, peripherals, printers, digital printing systems, and related supplies such as ink and toner.

The company serves consumers, small and medium-sized businesses, large enterprises, and public-sector organizations through direct sales, online channels, retailers, distributors, and other business partners.