Vest Financial LLC Boosts Stock Position in HP Inc. $HPQ

Vest Financial LLC lifted its position in shares of HP Inc. (NYSE:HPQ) by 49.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,804 shares of the computer maker’s stock after purchasing an additional 20,421 shares during the period. Vest Financial LLC’s holdings in HP were worth $1,512,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HPQ. GAMMA Investing LLC boosted its holdings in shares of HP by 23.1% during the first quarter. GAMMA Investing LLC now owns 15,663 shares of the computer maker’s stock worth $434,000 after purchasing an additional 2,936 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of HP by 3.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 254,092 shares of the computer maker’s stock worth $7,036,000 after purchasing an additional 8,910 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of HP by 24.8% during the first quarter. Exchange Traded Concepts LLC now owns 14,760 shares of the computer maker’s stock worth $409,000 after purchasing an additional 2,935 shares during the period. Brighton Jones LLC boosted its holdings in shares of HP by 37.7% during the first quarter. Brighton Jones LLC now owns 20,270 shares of the computer maker’s stock worth $561,000 after purchasing an additional 5,549 shares during the period. Finally, Hanson & Doremus Investment Management purchased a new stake in shares of HP during the first quarter worth about $116,000. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HPQ shares. HSBC set a $30.00 target price on shares of HP and gave the stock a “buy” rating in a report on Tuesday. Evercore ISI reissued an “in-line” rating and issued a $29.00 price target on shares of HP in a research note on Wednesday, September 10th. Sanford C. Bernstein initiated coverage on shares of HP in a research note on Monday, September 15th. They issued a “market perform” rating and a $30.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of HP in a research note on Wednesday, October 8th. Finally, UBS Group increased their price target on shares of HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, HP currently has a consensus rating of “Hold” and a consensus target price of $28.71.

HP Stock Performance

Shares of NYSE HPQ opened at $28.55 on Wednesday. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $39.79. The company has a 50 day simple moving average of $27.41 and a two-hundred day simple moving average of $26.10. The company has a market capitalization of $26.69 billion, a price-to-earnings ratio of 10.42, a P/E/G ratio of 2.20 and a beta of 1.29.

HP (NYSE:HPQ) last announced its earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.75. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The business had revenue of $13.93 billion during the quarter, compared to the consensus estimate of $13.69 billion. During the same quarter last year, the firm earned $0.83 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, analysts forecast that HP Inc. will post 3.56 earnings per share for the current fiscal year.

Insider Buying and Selling at HP

In other HP news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 3 shares of the company’s stock, valued at approximately $80.55. This trade represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.38% of the company’s stock.

About HP

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.