Robeco Institutional Asset Management B.V. Sells 485,623 Shares of HP Inc. $HPQ

Robeco Institutional Asset Management B.V. decreased its holdings in HP Inc. (NYSE:HPQ) by 28.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,195,130 shares of the computer maker’s stock after selling 485,623 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in HP were worth $29,233,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of HPQ. WPG Advisers LLC bought a new position in HP in the first quarter worth approximately $25,000. Global Trust Asset Management LLC increased its position in shares of HP by 492.6% during the second quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after purchasing an additional 1,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of HP during the first quarter worth $35,000. Iron Horse Wealth Management LLC acquired a new position in shares of HP during the first quarter worth $39,000. Finally, Financial Freedom LLC increased its position in shares of HP by 141.4% during the first quarter. Financial Freedom LLC now owns 1,499 shares of the computer maker’s stock worth $42,000 after purchasing an additional 878 shares in the last quarter. Institutional investors own 77.53% of the company’s stock.

Insider Buying and Selling

In other HP news, CEO Enrique Lores sold 34,282 shares of the company’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 sale, the chief executive officer directly owned 3 shares of the company’s stock, valued at approximately $80.55. This represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.38% of the company’s stock.

HP Price Performance

Shares of HPQ opened at $26.62 on Friday. The firm has a market capitalization of $24.88 billion, a PE ratio of 9.71, a price-to-earnings-growth ratio of 2.13 and a beta of 1.29. HP Inc. has a 1-year low of $21.21 and a 1-year high of $39.79. The company’s fifty day moving average price is $27.15 and its 200-day moving average price is $26.20.

HP (NYSE:HPQ) last announced its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.75. The firm had revenue of $13.93 billion for the quarter, compared to analyst estimates of $13.69 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 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. As a group, research analysts anticipate that HP Inc. will post 3.56 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HPQ. Zacks Research raised HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. Barclays reduced their price target on HP from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. UBS Group upped their price target on HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Dbs Bank downgraded HP from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, June 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of HP in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $29.38.

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.