HP Inc. $HPQ Stock Position Increased by Tectonic Advisors LLC

Tectonic Advisors LLC lifted its stake in shares of HP Inc. (NYSE:HPQ) by 6.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,657 shares of the computer maker’s stock after purchasing an additional 4,492 shares during the period. Tectonic Advisors LLC’s holdings in HP were worth $1,753,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. WPG Advisers LLC acquired a new position in shares of HP during the 1st quarter valued at about $25,000. Global Trust Asset Management LLC grew its holdings in shares of HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after purchasing an additional 1,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of HP during the 1st quarter worth approximately $35,000. Iron Horse Wealth Management LLC bought a new position in shares of HP during the 1st quarter worth approximately $39,000. Finally, Financial Freedom LLC increased its holdings in HP by 141.4% during the 1st quarter. Financial Freedom LLC now owns 1,499 shares of the computer maker’s stock valued at $42,000 after purchasing an additional 878 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HPQ has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on HP from $27.00 to $30.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. Dbs Bank downgraded HP from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, June 11th. Zacks Research raised HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. UBS Group boosted their price target on HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Finally, Sanford C. Bernstein began coverage on HP in a research report on Monday, September 15th. They set a “market perform” rating and a $30.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, HP presently has a consensus rating of “Hold” and an average price target of $29.38.

Insider Buying and Selling at HP

In other news, CEO Enrique Lores sold 34,282 shares of HP stock in a transaction on Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the transaction, the chief executive officer owned 3 shares in the company, valued at $80.55. This trade represents a 99.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.38% of the stock is owned by corporate insiders.

HP Stock Up 2.0%

Shares of HP stock opened at $27.09 on Thursday. HP Inc. has a twelve month low of $21.21 and a twelve month high of $39.79. The company has a market cap of $25.32 billion, a price-to-earnings ratio of 9.89, a price-to-earnings-growth ratio of 2.14 and a beta of 1.29. The company’s 50 day moving average is $27.23 and its 200 day moving average is $26.16.

HP (NYSE:HPQ) last issued its quarterly earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share for the quarter, hitting the consensus estimate of $0.75. The business had revenue of $13.93 billion for the quarter, compared to analysts’ expectations of $13.69 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 EPS. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Sell-side analysts expect that HP Inc. will post 3.56 EPS for the current fiscal year.

HP Company Profile

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.