LSV Asset Management Has $310.04 Million Position in HP Inc. $HPQ

LSV Asset Management lessened its holdings in shares of HP Inc. (NYSE:HPQ) by 1.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 11,385,906 shares of the computer maker’s stock after selling 131,230 shares during the period. LSV Asset Management’s holdings in HP were worth $310,038,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of HPQ. Richardson Financial Services Inc. lifted its stake in HP by 14.9% in the third quarter. Richardson Financial Services Inc. now owns 2,827 shares of the computer maker’s stock valued at $77,000 after buying an additional 367 shares in the last quarter. Auxano Advisors LLC boosted its stake in HP by 4.4% in the 3rd quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock worth $252,000 after purchasing an additional 391 shares during the period. IHT Wealth Management LLC boosted its stake in HP by 3.3% in the 2nd quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock worth $305,000 after purchasing an additional 398 shares during the period. AdvisorNet Financial Inc raised its stake in shares of HP by 42.9% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,349 shares of the computer maker’s stock valued at $37,000 after purchasing an additional 405 shares during the period. Finally, TD Waterhouse Canada Inc. raised its stake in shares of HP by 6.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock valued at $173,000 after purchasing an additional 410 shares during the period. 77.53% of the stock is owned by institutional investors.

HP Trading Down 0.2%

NYSE:HPQ opened at $19.77 on Thursday. The stock has a market capitalization of $18.15 billion, a PE ratio of 7.46, a P/E/G ratio of 0.31 and a beta of 1.21. HP Inc. has a 1-year low of $18.32 and a 1-year high of $35.28. The firm has a fifty day simple moving average of $21.80 and a 200 day simple moving average of $24.92.

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

HP Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, March 11th. HP’s dividend payout ratio (DPR) is 45.28%.

Insider Buying and Selling

In other news, insider Ketan M. Patel sold 33,321 shares of HP stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $23.19, for a total transaction of $772,713.99. Following the completion of the transaction, the insider directly owned 34,572 shares in the company, valued at approximately $801,724.68. The trade was a 49.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares in the company, valued at $3,677,856. The trade was a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 91,969 shares of company stock worth $2,277,993. Company insiders own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HPQ shares. Zacks Research cut HP from a “hold” rating to a “strong sell” rating in a research report on Friday, November 28th. UBS Group set a $24.00 target price on HP in a research note on Wednesday, November 26th. Citigroup reduced their price target on HP from $25.00 to $22.00 and set a “neutral” rating for the company in a research report on Tuesday, January 20th. Wall Street Zen lowered shares of HP from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. Finally, The Goldman Sachs Group downgraded shares of HP from a “neutral” rating to a “sell” rating and set a $21.00 target price for the company. in a research report on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $24.31.

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.