5,651 Shares in HP Inc. $HPQ Purchased by Hilltop National Bank

Hilltop National Bank purchased a new stake in shares of HP Inc. (NYSE:HPQ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,651 shares of the computer maker’s stock, valued at approximately $138,000.

Several other hedge funds have also bought and sold shares of HPQ. State of Alaska Department of Revenue lifted its stake in shares of HP by 36.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 286,760 shares of the computer maker’s stock valued at $7,013,000 after purchasing an additional 75,895 shares during the period. BayBridge Capital Group LLC acquired a new position in shares of HP in the first quarter worth about $1,505,000. Meritage Portfolio Management boosted its stake in shares of HP by 37.8% during the 1st quarter. Meritage Portfolio Management now owns 140,632 shares of the computer maker’s stock worth $3,894,000 after acquiring an additional 38,568 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of HP during the 1st quarter valued at about $6,359,000. Finally, Horizon Financial Services LLC grew its position in shares of HP by 2,669.0% during the 1st quarter. Horizon Financial Services LLC now owns 11,519 shares of the computer maker’s stock valued at $319,000 after acquiring an additional 11,103 shares during the period. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insiders Place Their Bets

In other HP news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction that occurred 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 $80.55. This trade represents a 99.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.38% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Dbs Bank downgraded HP from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, June 11th. UBS Group increased their target price on HP from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Weiss Ratings reissued a “hold (c)” rating on shares of HP in a research note on Saturday, September 27th. Evercore ISI restated an “in-line” rating and set a $29.00 price objective on shares of HP in a research report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. lifted their target price on shares of HP from $27.00 to $30.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. One analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $29.38.

HP Stock Performance

Shares of HPQ stock opened at $26.62 on Friday. HP Inc. has a fifty-two week low of $21.21 and a fifty-two week high of $39.79. The stock’s fifty day moving average is $27.15 and its two-hundred day moving average is $26.18. The firm has a market capitalization of $24.88 billion, a P/E ratio of 9.71, a PEG ratio of 2.15 and a beta of 1.29.

HP (NYSE:HPQ) last released its earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.75. The business had revenue of $13.93 billion during 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 company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, equities analysts forecast that HP Inc. will post 3.56 earnings per share for the current year.

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.