HP Inc. $HPQ Shares Purchased by Freedom Investment Management Inc.

Freedom Investment Management Inc. boosted its holdings in HP Inc. (NYSE:HPQ) by 15.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 46,974 shares of the computer maker’s stock after acquiring an additional 6,183 shares during the period. Freedom Investment Management Inc.’s holdings in HP were worth $1,149,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Invesco Ltd. lifted its holdings in HP by 19.2% in the first quarter. Invesco Ltd. now owns 11,340,629 shares of the computer maker’s stock valued at $314,022,000 after acquiring an additional 1,829,411 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in HP by 7.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 10,013,184 shares of the computer maker’s stock valued at $277,265,000 after acquiring an additional 724,020 shares during the last quarter. Deutsche Bank AG lifted its holdings in HP by 2.4% in the first quarter. Deutsche Bank AG now owns 8,241,378 shares of the computer maker’s stock valued at $228,204,000 after acquiring an additional 189,969 shares during the last quarter. Nuveen LLC acquired a new position in HP during the first quarter worth $179,037,000. Finally, Maj Invest Holding A S lifted its stake in HP by 15.9% during the second quarter. Maj Invest Holding A S now owns 5,543,376 shares of the computer maker’s stock worth $135,591,000 after purchasing an additional 761,622 shares in the last quarter. 77.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HPQ has been the topic of a number of research reports. HSBC set a $30.00 price target on HP and gave the stock a “buy” rating in a research note on Tuesday, October 14th. UBS Group upped their price target on HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. Wall Street Zen upgraded HP from a “hold” rating to a “buy” rating in a research note on Saturday, October 18th. Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of HP in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $28.71.

HP Trading Up 0.6%

Shares of NYSE HPQ opened at $27.84 on Friday. The stock has a market cap of $26.02 billion, a P/E ratio of 10.16, a PEG ratio of 2.23 and a beta of 1.29. HP Inc. has a 12-month low of $21.21 and a 12-month high of $39.79. The business’s fifty day simple moving average is $27.65 and its 200-day simple moving average is $26.21.

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

Insider Buying and Selling

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

HP 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.