HP Inc. (NYSE:HPQ) Receives Average Rating of “Hold” from Analysts

by · The Cerbat Gem

HP Inc. (NYSE:HPQGet Free Report) has earned a consensus recommendation of “Hold” from the nineteen research firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $25.6923.

Several equities analysts have weighed in on HPQ shares. Barclays decreased their target price on shares of HP from $27.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. HSBC set a $30.00 price objective on HP and gave the company a “buy” rating in a report on Tuesday, October 14th. JPMorgan Chase & Co. cut their target price on HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Citigroup decreased their price target on HP from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th.

Get Our Latest Analysis on HP

Insider Transactions at HP

In other HP news, insider Ketan M. Patel sold 33,321 shares of the company’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $23.19, for a total transaction of $772,713.99. Following the transaction, the insider directly owned 34,572 shares in the company, valued at $801,724.68. This represents a 49.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total value of $506,133.52. Following the completion of the sale, the insider directly owned 169 shares of the company’s stock, valued at $4,711.72. The trade was a 99.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 110,123 shares of company stock worth $2,784,126. 0.38% of the stock is currently owned by insiders.

Hedge Funds Weigh In On HP

Hedge funds and other institutional investors have recently bought and sold shares of the company. Laurel Wealth Advisors LLC increased its stake in HP by 2,346.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after purchasing an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in shares of HP in the second quarter valued at approximately $27,000. Westfuller Advisors LLC purchased a new stake in HP during the 3rd quarter worth approximately $28,000. Global Trust Asset Management LLC lifted its holdings in HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after buying an additional 1,000 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its position in HP by 72.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock valued at $30,000 after buying an additional 512 shares during the period. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

HP Stock Performance

Shares of HP stock opened at $21.17 on Thursday. The business’s 50 day moving average price is $23.90 and its 200 day moving average price is $25.78. The company has a market cap of $19.44 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 4.02 and a beta of 1.21. HP has a one year low of $20.65 and a one year high of $35.28.

HP (NYSE:HPQGet Free Report) last issued its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 negative return on equity of 330.68% and a net margin of 4.57%.The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the company earned $0.93 EPS. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. On average, analysts predict that HP will post 3.56 EPS for the current fiscal year.

HP Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th were given a dividend of $0.30 per share. This is a boost from HP’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date was Thursday, December 11th. HP’s dividend payout ratio (DPR) is 45.28%.

About HP

(Get Free Report)

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.

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