Wealth Enhancement Advisory Services LLC grew its holdings in HP Inc. (NYSE:HPQ – Free Report) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 372,367 shares of the computer maker’s stock after purchasing an additional 35,009 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in HP were worth $8,262,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in the business. Laurel Wealth Advisors LLC grew its position in HP by 2,346.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after purchasing an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in HP during the 2nd quarter worth about $27,000. Westfuller Advisors LLC acquired a new position in shares of HP during the 3rd quarter worth about $28,000. Cary Street Partners Investment Advisory LLC grew its holdings in shares of HP by 72.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock valued at $30,000 after acquiring an additional 512 shares in the last quarter. Finally, Caitlin John LLC bought a new position in shares of HP in the 3rd quarter valued at about $30,000. Institutional investors own 77.53% of the company’s stock.
HP Price Performance
Shares of HP stock opened at $19.45 on Friday. The business has a fifty day simple moving average of $19.07 and a two-hundred day simple moving average of $23.15. HP Inc. has a 1 year low of $17.56 and a 1 year high of $29.55. The company has a market capitalization of $17.78 billion, a price-to-earnings ratio of 7.37, a P/E/G ratio of 5.37 and a beta of 1.18.
HP Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.2%. HP’s dividend payout ratio (DPR) is 45.45%.
Key HP News
Here are the key news stories impacting HP this week:
- Positive Sentiment: HP rolled out a broad AI-focused product and software lineup — new AI PCs, printers, quantum-resistant security features (TPM Guard), HP IQ, HP NearSense, and workflow intelligence — and highlighted partnerships (including Google) to enable local-first and cross-device AI capabilities. This positions HP to capture enterprise/hybrid-work AI spending and is the chief bullish catalyst. HP Bets On AI PCs And Security To Reframe Long Term Story
- Positive Sentiment: Recent quarterly results showed an EPS beat and revenue upside, and HP has posted a notable share rebound (~week-to-week improvement). That earnings momentum underpins investor confidence in near-term fundamentals and the company’s guidance cadence. HP (HPQ) Up 6.9% Since Last Earnings Report: Can It Continue?
- Neutral Sentiment: Analysts are mixed on HP’s medium-term outlook — some highlight the potential from AI/security products while others remain cautious on sustainable margin expansion; that creates divergent broker views and uneven analyst signals for investors. Analysts’ Opinions Are Mixed on These Technology Stocks
- Neutral Sentiment: There’s an odd legal/estate story circulating about HP seeking control of a Lynch £500m estate; its connection to HP’s operating business and financials is unclear, so it’s currently a peripheral/uncertain factor for shareholders. HP seeks to seize control of Lynch £500m estate from family
- Negative Sentiment: Morgan Stanley said HP’s AI-device push “fails to provide a meaningful catalyst,” signaling continued skepticism from major brokers that could limit upside until product traction is proven. HP continues AI device push but fails to provide meaningful catalyst: Morgan Stanley
- Negative Sentiment: A prominent price-target cut (down ~15.7% to $20.07) reduces near-term upside perceived by some investors and reflects lingering concerns about valuation and execution risk. HP (HPQ) price target decreased by 15.70% to 20.07
Analyst Upgrades and Downgrades
Several brokerages recently commented on HPQ. The Goldman Sachs Group reduced their price target on HP from $21.00 to $16.00 and set a “sell” rating for the company in a research report on Wednesday, February 25th. Wells Fargo & Company dropped their price objective on HP from $25.00 to $18.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 25th. Citigroup cut their price objective on HP from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Argus raised shares of HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Finally, UBS Group lowered their target price on shares of HP from $26.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, HP currently has a consensus rating of “Reduce” and a consensus price target of $21.58.
View Our Latest Stock Analysis on HP
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.
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