Investors Asset Management of Georgia Inc. GA ADV Acquires 1,050 Shares of HP Inc. $HPQ

Investors Asset Management of Georgia Inc. GA ADV lifted its holdings in HP Inc. (NYSE:HPQ) by 10.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,881 shares of the computer maker’s stock after acquiring an additional 1,050 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in HP were worth $266,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Nuveen LLC bought a new stake in HP in the first quarter worth $179,037,000. Invesco Ltd. grew its stake in shares of HP by 19.2% in the 1st quarter. Invesco Ltd. now owns 11,340,629 shares of the computer maker’s stock worth $314,022,000 after buying an additional 1,829,411 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of HP by 96.8% in the 1st quarter. Ameriprise Financial Inc. now owns 2,332,414 shares of the computer maker’s stock worth $64,642,000 after buying an additional 1,147,342 shares during the last quarter. Banque Transatlantique SA bought a new stake in shares of HP in the 1st quarter worth about $22,377,000. Finally, Acadian Asset Management LLC raised its position in shares of HP by 745.3% during the 1st quarter. Acadian Asset Management LLC now owns 863,664 shares of the computer maker’s stock valued at $23,908,000 after buying an additional 761,494 shares in the last quarter. 77.53% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Enrique Lores sold 34,282 shares of the stock in a transaction on Monday, September 29th. The stock was sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the sale, the chief executive officer owned 3 shares in the company, valued at approximately $80.55. This represents a 99.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.38% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Dbs Bank cut HP from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, June 11th. Weiss Ratings reissued a “hold (c)” rating on shares of HP in a research report on Saturday, September 27th. Zacks Research upgraded HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. Sanford C. Bernstein started coverage on shares of HP in a research note on Monday, September 15th. They set a “market perform” rating and a $30.00 price objective for the company. Finally, Evercore ISI reissued an “in-line” rating and issued a $29.00 target price on shares of HP in a research note on Wednesday, September 10th. One investment analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $29.38.

HP Stock Up 0.5%

HPQ opened at $26.62 on Monday. The stock’s fifty day moving average is $27.15 and its two-hundred day moving average is $26.17. The company 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 Inc. has a 52 week low of $21.21 and a 52 week high of $39.79.

HP (NYSE:HPQ) last posted its earnings results on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, meeting analysts’ consensus estimates of $0.75. The business had revenue of $13.93 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.83 EPS. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Equities analysts anticipate 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.