HP Inc. $HPQ Stock Holdings Lessened by Cromwell Holdings LLC

Cromwell Holdings LLC lessened its holdings in shares of HP Inc. (NYSE:HPQ) by 19.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,024 shares of the computer maker’s stock after selling 476 shares during the quarter. Cromwell Holdings LLC’s holdings in HP were worth $50,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of HPQ. Nuveen LLC bought a new position in shares of HP during the first quarter valued at approximately $179,037,000. Invesco Ltd. boosted its position in HP by 19.2% during 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 during the period. Ameriprise Financial Inc. grew its stake in HP by 96.8% during the 1st quarter. Ameriprise Financial Inc. now owns 2,332,414 shares of the computer maker’s stock worth $64,642,000 after buying an additional 1,147,342 shares during the last quarter. Banque Transatlantique SA acquired a new stake in HP in the first quarter worth $22,377,000. Finally, Acadian Asset Management LLC increased its position in HP by 745.3% in the first quarter. Acadian Asset Management LLC now owns 863,664 shares of the computer maker’s stock worth $23,908,000 after buying an additional 761,494 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of HP from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Thursday, August 28th. Sanford C. Bernstein assumed coverage on shares of HP in a research report on Monday, September 15th. They issued a “market perform” rating and a $30.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research report on Saturday, September 27th. UBS Group raised their price target on shares of HP from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $29.00 price target on shares of HP in a report on Wednesday, September 10th. One research analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $29.38.

Insider Activity

In other news, CEO Enrique Lores sold 34,282 shares of HP 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 in the company, valued at approximately $80.55. This trade represents a 99.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.38% of the company’s stock.

HP Trading Up 0.5%

HP stock opened at $26.62 on Friday. HP Inc. has a 52 week low of $21.21 and a 52 week high of $39.79. The stock has a market cap of $24.88 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 2.13 and a beta of 1.29. The company’s 50-day moving average price is $27.15 and its two-hundred day moving average price is $26.20.

HP (NYSE:HPQ) last posted its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 earnings per share (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 business had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.69 billion. During the same period last year, the firm posted $0.83 earnings per share. The business’s revenue was up 3.1% on a year-over-year basis. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Research analysts expect that HP Inc. will post 3.56 earnings per share 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.