Banque Cantonale Vaudoise Sells 23,628 Shares of HP Inc. $HPQ

Banque Cantonale Vaudoise decreased its position in HP Inc. (NYSE:HPQ) by 18.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 103,123 shares of the computer maker’s stock after selling 23,628 shares during the quarter. Banque Cantonale Vaudoise’s holdings in HP were worth $2,297,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Auxano Advisors LLC grew its holdings in shares of HP by 4.4% in the 3rd quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock worth $252,000 after purchasing an additional 391 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of HP by 3.3% in the 2nd quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock worth $305,000 after purchasing an additional 398 shares during the last quarter. Vident Advisory LLC grew its holdings in shares of HP by 0.6% in the 2nd quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock worth $1,702,000 after purchasing an additional 444 shares during the last quarter. Personal CFO Solutions LLC grew its holdings in shares of HP by 2.2% in the 3rd quarter. Personal CFO Solutions LLC now owns 21,492 shares of the computer maker’s stock worth $585,000 after purchasing an additional 459 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in HP by 0.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 50,952 shares of the computer maker’s stock worth $1,387,000 after acquiring an additional 470 shares during the last quarter. Institutional investors own 77.53% of the company’s stock.

HP Trading Up 4.0%

HP stock opened at $21.91 on Friday. HP Inc. has a 1 year low of $17.56 and a 1 year high of $29.55. The company has a market cap of $20.04 billion, a PE ratio of 8.30, a PEG ratio of 5.85 and a beta of 1.09. The company’s 50-day moving average is $19.78 and its two-hundred day moving average is $21.15.

HP (NYSE:HPQ) last released its earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The company had revenue of $14.44 billion for the quarter, compared to the consensus estimate of $13.87 billion. During the same period in the prior year, the company posted $0.74 EPS. The company’s revenue was up 6.9% compared to the same quarter last year. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. Research analysts forecast that HP Inc. will post 2.84 EPS for the current year.

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, June 10th. This represents a $1.20 dividend on an annualized basis and a yield of 5.5%. HP’s dividend payout ratio is presently 45.45%.

Wall Street Analysts Forecast Growth

HPQ has been the topic of a number of research analyst reports. Citigroup decreased their price objective on shares of HP from $22.00 to $20.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. Bank of America reissued an “underperform” rating and set a $20.00 price objective (down from $26.00) on shares of HP in a report on Tuesday, February 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of HP in a report on Monday, May 4th. Zacks Research raised shares of HP from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Finally, Barclays decreased their price objective on shares of HP from $18.00 to $16.00 and set an “underweight” rating on the stock in a report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $21.67.

About HP

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.