Linden Thomas Advisory Services LLC Raises Stock Position in HP Inc. $HPQ

Linden Thomas Advisory Services LLC raised its stake in shares of HP Inc. (NYSE:HPQ) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,212 shares of the computer maker’s stock after purchasing an additional 1,779 shares during the period. Linden Thomas Advisory Services LLC’s holdings in HP were worth $1,155,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. WPG Advisers LLC acquired a new position in shares of HP during the first quarter valued at approximately $25,000. Global Trust Asset Management LLC increased its position in shares of HP by 492.6% during the second 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. acquired a new position in HP in the 1st quarter valued at $35,000. Iron Horse Wealth Management LLC purchased a new position in HP in the 1st quarter valued at $39,000. Finally, Golden State Wealth Management LLC boosted its stake in HP by 165.3% during the 1st quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker’s stock worth $42,000 after purchasing an additional 947 shares during the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Buying and Selling at HP

In other news, CEO Enrique Lores sold 34,282 shares of the business’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 value of $920,471.70. Following the sale, the chief executive officer directly owned 3 shares of the company’s stock, valued at approximately $80.55. The trade was a 99.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.38% of the stock is currently owned by corporate insiders.

HP Stock Performance

Shares of HP stock opened at $27.67 on Monday. The stock has a 50 day moving average of $27.66 and a 200 day moving average of $26.29. The firm has a market capitalization of $25.87 billion, a price-to-earnings ratio of 10.10, a PEG ratio of 2.22 and a beta of 1.29. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $39.79.

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. UBS Group raised 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. Evercore ISI reissued an “in-line” rating and issued a $29.00 target price on shares of HP in a research note on Wednesday, September 10th. Weiss Ratings restated a “hold (c)” rating on shares of HP in a report on Saturday. Wall Street Zen cut HP from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Zacks Research raised HP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $28.71.

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.