Raiffeisen Bank International AG Sells 272,265 Shares of HP Inc. $HPQ

Raiffeisen Bank International AG lessened its position in HP Inc. (NYSE:HPQ) by 71.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,803 shares of the computer maker’s stock after selling 272,265 shares during the quarter. Raiffeisen Bank International AG’s holdings in HP were worth $2,953,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its stake in HP by 15.1% in the second quarter. Cullen Frost Bankers Inc. now owns 12,797 shares of the computer maker’s stock worth $313,000 after purchasing an additional 1,681 shares during the last quarter. Rehmann Capital Advisory Group raised its holdings in shares of HP by 26.5% in the second quarter. Rehmann Capital Advisory Group now owns 13,877 shares of the computer maker’s stock worth $339,000 after buying an additional 2,903 shares during the period. Forum Financial Management LP lifted its stake in shares of HP by 41.5% during the 2nd quarter. Forum Financial Management LP now owns 13,261 shares of the computer maker’s stock worth $324,000 after acquiring an additional 3,890 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in HP by 6.2% during the 2nd quarter. Asset Management One Co. Ltd. now owns 478,130 shares of the computer maker’s stock valued at $11,695,000 after acquiring an additional 27,826 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its position in HP by 29,983.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 3,610 shares of the computer maker’s stock valued at $88,000 after acquiring an additional 3,598 shares during the last quarter. 77.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Anneliese Olson sold 16,726 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the sale, the insider owned 169 shares of the company’s stock, valued at $4,196.27. This trade represents a 99.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the completion of the transaction, the chief executive officer owned 141,456 shares of the company’s stock, valued at $3,677,856. This represents a 22.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 91,969 shares of company stock worth $2,277,993. 0.38% of the stock is currently owned by company insiders.

HP Price Performance

NYSE:HPQ opened at $18.59 on Friday. HP Inc. has a 1-year low of $18.12 and a 1-year high of $35.28. The company has a 50-day moving average of $20.87 and a 200 day moving average of $24.61. The firm has a market cap of $17.07 billion, a PE ratio of 7.02, a price-to-earnings-growth ratio of 0.30 and a beta of 1.21.

HP (NYSE:HPQ) last posted its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, beating 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 business had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. During the same quarter in the previous year, the business posted $0.93 EPS. 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. Sell-side analysts anticipate that HP Inc. will post 3.56 EPS for the current fiscal year.

HP Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, March 11th. HP’s dividend payout ratio (DPR) is 45.28%.

Analyst Ratings Changes

HPQ has been the subject of several research analyst reports. The Goldman Sachs Group downgraded 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. Citigroup reduced their price target on shares of HP from $22.00 to $20.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Argus raised shares of HP to a “strong-buy” rating in a research report on Tuesday, December 2nd. Morgan Stanley reduced their target price on shares of HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 26th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of HP in a research note on Monday, December 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $23.62.

HP 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.