Howard Capital Management Inc. Buys 4,370 Shares of HP Inc. $HPQ

Howard Capital Management Inc. lifted its stake in HP Inc. (NYSE:HPQ) by 3.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 135,186 shares of the computer maker’s stock after acquiring an additional 4,370 shares during the period. Howard Capital Management Inc.’s holdings in HP were worth $3,345,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WPG Advisers LLC acquired a new position in shares of HP during the 1st quarter worth about $25,000. Global Trust Asset Management LLC grew its holdings in HP by 492.6% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after buying an additional 1,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in HP in the 1st quarter worth approximately $35,000. Iron Horse Wealth Management LLC acquired a new position in shares of HP during the first quarter worth approximately $39,000. Finally, Golden State Wealth Management LLC lifted its holdings in shares of HP by 165.3% during the first quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker’s stock worth $42,000 after buying an additional 947 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

Analyst Upgrades and Downgrades

HPQ has been the topic of several research analyst reports. Wall Street Zen downgraded shares of HP from a “buy” rating to a “hold” rating in a research note on Sunday. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th. Zacks Research raised shares of HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. Barclays reduced their target price on shares of HP from $28.00 to $27.00 and set an “equal weight” rating for the company in a research note on Thursday, August 28th. Finally, Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $28.71.

HP Trading Up 0.8%

NYSE HPQ opened at $27.87 on Tuesday. The stock’s 50 day moving average is $27.68 and its two-hundred day moving average is $26.32. The company has a market capitalization of $26.05 billion, a price-to-earnings ratio of 10.17, a PEG ratio of 2.22 and a beta of 1.29. HP Inc. has a 1-year low of $21.21 and a 1-year high of $39.79.

HP (NYSE:HPQ) last issued its earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.75. The business had revenue of $13.93 billion during 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%.HP’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 EPS. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, analysts predict that HP Inc. will post 3.56 earnings per share for the current year.

Insider Activity

In other HP news, CEO Enrique Lores sold 34,282 shares of HP stock in a transaction on Monday, September 29th. The stock was 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 directly 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.38% of the company’s stock.

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.