HP Inc. $HPQ Shares Purchased by Brookstone Capital Management

Brookstone Capital Management raised its stake in shares of HP Inc. (NYSE:HPQ) by 7.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 375,218 shares of the computer maker’s stock after buying an additional 26,415 shares during the period. Brookstone Capital Management’s holdings in HP were worth $9,178,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Invesco Ltd. boosted its position in shares of HP by 19.2% during the 1st quarter. Invesco Ltd. now owns 11,340,629 shares of the computer maker’s stock valued at $314,022,000 after purchasing an additional 1,829,411 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of HP by 7.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 10,013,184 shares of the computer maker’s stock valued at $277,265,000 after purchasing an additional 724,020 shares in the last quarter. Deutsche Bank AG boosted its position in shares of HP by 2.4% during the 1st quarter. Deutsche Bank AG now owns 8,241,378 shares of the computer maker’s stock valued at $228,204,000 after purchasing an additional 189,969 shares in the last quarter. Nuveen LLC bought a new position in shares of HP during the 1st quarter valued at about $179,037,000. Finally, Maj Invest Holding A S boosted its position in shares of HP by 15.9% during the 2nd quarter. Maj Invest Holding A S now owns 5,543,376 shares of the computer maker’s stock valued at $135,591,000 after purchasing an additional 761,622 shares in the last quarter. Institutional investors own 77.53% of the company’s stock.

HP Price Performance

Shares of HPQ opened at $27.66 on Thursday. HP Inc. has a one year low of $21.21 and a one year high of $39.79. The company has a 50-day moving average of $27.63 and a two-hundred day moving average of $26.18. The stock has a market cap of $25.85 billion, a price-to-earnings ratio of 10.09, a PEG ratio of 2.27 and a beta of 1.29.

HP (NYSE:HPQ) last announced its earnings results on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, hitting the consensus estimate of $0.75. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The company had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.69 billion. During the same period last year, the company posted $0.83 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Analysts anticipate that HP Inc. will post 3.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th. 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. Wall Street Zen upgraded shares of HP from a “hold” rating to a “buy” rating in a research report on Saturday, October 18th. HSBC set a $30.00 price objective on shares of HP and gave the company a “buy” rating in a research report on Tuesday, October 14th. Finally, Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $28.71.

Insider Activity at HP

In related 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 transaction of $920,471.70. Following the completion of the sale, the chief executive officer directly owned 3 shares in the company, valued at approximately $80.55. This trade represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.38% of the company’s stock.

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.