Stephens Inc. AR Sells 89,724 Shares of HP Inc. $HPQ

Stephens Inc. AR decreased its position in HP Inc. (NYSE:HPQ) by 90.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 9,547 shares of the computer maker’s stock after selling 89,724 shares during the quarter. Stephens Inc. AR’s holdings in HP were worth $223,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HPQ. Baird Financial Group Inc. grew its stake in shares of HP by 13.1% in the 2nd quarter. Baird Financial Group Inc. now owns 114,169 shares of the computer maker’s stock worth $2,793,000 after acquiring an additional 13,265 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in shares of HP by 2.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 21,230 shares of the computer maker’s stock worth $519,000 after acquiring an additional 551 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of HP by 6.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 145,337 shares of the computer maker’s stock worth $3,555,000 after acquiring an additional 8,779 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in shares of HP by 70.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 731,574 shares of the computer maker’s stock worth $17,894,000 after acquiring an additional 302,578 shares in the last quarter. Finally, HUB Investment Partners LLC bought a new stake in shares of HP in the 2nd quarter worth $233,000. Institutional investors own 77.53% of the company’s stock.

HP Stock Up 15.2%

Shares of NYSE:HPQ opened at $25.24 on Friday. The firm has a market capitalization of $23.08 billion, a PE ratio of 9.56, a P/E/G ratio of 7.01 and a beta of 1.09. HP Inc. has a twelve month low of $17.56 and a twelve month high of $29.55. The company has a 50-day moving average price of $19.92 and a two-hundred day moving average price of $21.18.

HP (NYSE:HPQ) last issued its earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.04. The firm had revenue of $14.44 billion during the quarter, compared to analyst estimates of $13.87 billion. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business earned $0.74 earnings per share. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. Analysts anticipate that HP Inc. will post 2.85 earnings per share for the current fiscal year.

HP Announces Dividend

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. This represents a $1.20 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Wednesday, June 10th. HP’s dividend payout ratio (DPR) is currently 45.45%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on HPQ shares. Barclays reduced their price target on shares of HP from $18.00 to $16.00 and set an “underweight” rating for the company in a research report on Wednesday, February 25th. Bank of America restated an “underperform” rating and set a $20.00 price target (down from $26.00) on shares of HP in a research report on Tuesday, February 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of HP in a research report on Monday, May 4th. Citigroup reduced their price target on shares of HP from $22.00 to $20.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Finally, Morgan Stanley increased their price target on shares of HP from $16.00 to $17.00 and gave the company an “underweight” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $21.67.

More HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: Investors are betting that HP’s AI-powered PCs will drive stronger demand and improve results in the upcoming earnings report. Why Are HP (HPQ) Shares Soaring Today
• Positive Sentiment: HPQ has benefited from buying ahead of earnings and the next dividend qualification date, adding to momentum in the shares. HP Inc. (HPQ) Earnings, Dividends Loom, Shares Soar 15%
• Positive Sentiment: Strong results from Lenovo and renewed AI enthusiasm across the PC sector have reinforced optimism for HP and other hardware makers. Dell, HP surge after strong results from Lenovo amid AI enthusiasm
• Neutral Sentiment: Analysts are watching HPQ’s Q2 earnings closely, with AI PC demand and gaming products expected to support revenue, but the actual results have not yet been reported. HPQ to Report Q2 Earnings: What’s in the Cards for the Stock?

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.