HP Inc. $HPQ Stock Position Raised by Lido Advisors LLC

Lido Advisors LLC lifted its stake in shares of HP Inc. (NYSE:HPQ) by 103.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,261 shares of the computer maker’s stock after purchasing an additional 33,625 shares during the period. Lido Advisors LLC’s holdings in HP were worth $1,632,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. State of Alaska Department of Revenue raised its stake in shares of HP by 36.0% during the 2nd quarter. State of Alaska Department of Revenue now owns 286,760 shares of the computer maker’s stock worth $7,013,000 after purchasing an additional 75,895 shares in the last quarter. LBP AM SA bought a new position in HP during the second quarter valued at approximately $7,279,000. Jump Financial LLC bought a new position in HP during the first quarter valued at approximately $6,359,000. Resona Asset Management Co. Ltd. grew its position in HP by 6.1% in the second quarter. Resona Asset Management Co. Ltd. now owns 319,243 shares of the computer maker’s stock worth $7,825,000 after acquiring an additional 18,240 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of HP by 3.2% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 442,536 shares of the computer maker’s stock worth $10,824,000 after purchasing an additional 13,686 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Stock Up 2.8%

HPQ opened at $25.90 on Friday. The firm has a market capitalization of $24.21 billion, a P/E ratio of 9.77, a price-to-earnings-growth ratio of 4.72 and a beta of 1.22. The stock’s 50 day moving average price is $26.06 and its two-hundred day moving average price is $26.23. HP Inc. has a 12-month low of $21.21 and a 12-month high of $36.81.

HP (NYSE:HPQ) last issued its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, analysts anticipate that HP Inc. will post 3.56 earnings per share for the current year.

HP Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, December 11th. This is a positive change from HP’s previous quarterly dividend of $0.29. HP’s payout ratio is presently 43.77%.

Analyst Ratings Changes

Several research firms recently issued reports on HPQ. Barclays reduced their price objective on shares of HP from $27.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 26th. UBS Group set a $24.00 price target on HP in a research note on Wednesday, November 26th. TD Cowen lowered their price objective on HP from $28.00 to $26.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. Bank of America reduced their target price on HP from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Finally, Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $25.69.

Insider Activity

In other news, CEO Enrique Lores sold 34,282 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the transaction, the chief executive officer owned 3 shares of the company’s stock, valued at approximately $80.55. This represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total value of $506,133.52. Following the sale, the insider directly owned 169 shares in the company, valued at approximately $4,711.72. This trade represents a 99.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.38% of the company’s stock.

About HP

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.