Natixis Advisors LLC Has $21.51 Million Position in HP Inc. $HPQ

Natixis Advisors LLC lessened its stake in shares of HP Inc. (NYSE:HPQ) by 24.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 965,355 shares of the computer maker’s stock after selling 316,538 shares during the period. Natixis Advisors LLC owned 0.11% of HP worth $21,508,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HPQ. Caitlin John LLC bought a new stake in HP during the 3rd quarter valued at $30,000. Garner Asset Management Corp bought a new stake in HP during the 4th quarter valued at $25,000. Flagship Harbor Advisors LLC bought a new stake in HP during the 4th quarter valued at $26,000. Sound Income Strategies LLC increased its stake in HP by 97.0% during the 4th quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after purchasing an additional 646 shares in the last quarter. Finally, BNP Paribas increased its stake in HP by 89.5% during the 3rd quarter. BNP Paribas now owns 1,429 shares of the computer maker’s stock valued at $39,000 after purchasing an additional 675 shares in the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on HPQ shares. Morgan Stanley boosted their price target on shares of HP from $17.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Citigroup boosted their price target on shares of HP from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Barclays boosted their price target on shares of HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Weiss Ratings restated a “hold (c-)” rating on shares of HP in a research note on Monday, May 4th. Finally, Wells Fargo & Company boosted their price target on shares of HP from $18.00 to $20.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $23.33.

HP Price Performance

NYSE HPQ opened at $25.59 on Friday. HP Inc. has a 1 year low of $17.56 and a 1 year high of $29.65. The firm has a market cap of $23.40 billion, a price-to-earnings ratio of 9.44, a PEG ratio of 4.44 and a beta of 1.17. The company has a fifty day moving average price of $21.41 and a 200-day moving average price of $21.21.

HP (NYSE:HPQ) last posted its earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.14. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The firm had revenue of $14.41 billion during the quarter, compared to analyst estimates of $13.99 billion. During the same quarter in the prior year, the business posted $0.71 EPS. The business’s revenue was up 9.0% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. On average, research analysts anticipate that HP Inc. will post 2.98 EPS for the current fiscal year.

HP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, June 10th. This represents a $1.20 annualized dividend and a yield of 4.7%. HP’s dividend payout ratio is presently 44.28%.

About HP

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.