HP Inc. $HPQ Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. cut its stake in HP Inc. (NYSE:HPQ) by 27.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,366,035 shares of the computer maker’s stock after selling 528,965 shares during the period. Franklin Resources Inc.’s holdings in HP were worth $33,413,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in HPQ. Plato Investment Management Ltd lifted its position in shares of HP by 1.2% during the 1st quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock worth $869,000 after purchasing an additional 363 shares during the last quarter. Coppell Advisory Solutions LLC raised its position in shares of HP by 4.4% during the 1st quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock worth $223,000 after acquiring an additional 369 shares in the last quarter. Fiduciary Financial Group LLC lifted its stake in HP by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock worth $324,000 after purchasing an additional 390 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in HP by 6.4% during the second quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock worth $173,000 after purchasing an additional 410 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its holdings in HP by 3.0% in the second quarter. Focus Partners Advisor Solutions LLC now owns 16,711 shares of the computer maker’s stock valued at $409,000 after purchasing an additional 489 shares in the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Activity at HP

In other HP news, CEO Enrique Lores sold 34,282 shares of the business’s stock in a transaction 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 transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Anneliese Olson sold 18,154 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the sale, the insider owned 169 shares of the company’s stock, valued at $4,711.72. This trade represents a 99.08% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.38% of the stock is owned by corporate insiders.

HP Stock Performance

NYSE HPQ opened at $23.97 on Thursday. The firm’s fifty day moving average is $26.43 and its two-hundred day moving average is $26.38. HP Inc. has a one year low of $21.21 and a one year high of $37.50. The firm has a market cap of $22.40 billion, a PE ratio of 8.75, a P/E/G ratio of 2.23 and a beta of 1.28.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. The business had revenue of $14.64 billion during the quarter, compared to the consensus estimate of $14.50 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. Research analysts predict that HP Inc. will post 3.56 earnings per share for the current year.

HP Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This is an increase from HP’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.0%. HP’s dividend payout ratio is presently 43.40%.

Analysts Set New Price Targets

HPQ has been the topic of a number of research analyst reports. Bank of America cut their price objective on shares of HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Barclays cut their price target on shares of HP from $27.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Citigroup decreased their price objective on shares of HP from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday. Wall Street Zen cut HP from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. Finally, UBS Group set a $24.00 target price on HP in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $25.69.

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.