AG2R LA Mondiale Gestion D Actifs Raises Holdings in HP Inc. $HPQ

AG2R LA Mondiale Gestion D Actifs grew its position in shares of HP Inc. (NYSE:HPQ) by 7.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 42,619 shares of the computer maker’s stock after buying an additional 3,124 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in HP were worth $1,042,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Invesco Ltd. grew its holdings in shares of HP by 19.2% during the first 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of HP by 7.8% during the first 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 worth $277,265,000 after buying an additional 724,020 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of HP by 2.4% during the first quarter. Deutsche Bank AG now owns 8,241,378 shares of the computer maker’s stock worth $228,204,000 after buying an additional 189,969 shares during the last quarter. Nuveen LLC purchased a new position in shares of HP during the first quarter worth about $179,037,000. Finally, Maj Invest Holding A S grew its holdings in shares of HP by 15.9% during the second quarter. Maj Invest Holding A S now owns 5,543,376 shares of the computer maker’s stock worth $135,591,000 after buying an additional 761,622 shares during the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

HP Price Performance

NYSE HPQ opened at $27.67 on Monday. HP Inc. has a 1-year low of $21.21 and a 1-year high of $39.79. The company has a market capitalization of $25.87 billion, a P/E ratio of 10.10, a PEG ratio of 2.22 and a beta of 1.29. The business has a 50 day moving average price of $27.66 and a 200 day moving average price of $26.29.

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

Insiders Place Their Bets

In related news, CEO Enrique Lores sold 34,282 shares of HP stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 3 shares in the company, valued at $80.55. The trade was a 99.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.38% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on HPQ. JPMorgan Chase & Co. lowered HP from an “overweight” rating to a “neutral” rating and set a $30.00 price target on the stock. in a report on Wednesday, October 22nd. Hsbc Global Res upgraded shares of HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. Sanford C. Bernstein assumed coverage on shares of HP in a research report on Monday, September 15th. They issued a “market perform” rating and a $30.00 price objective for the company. Finally, UBS Group raised their price objective on shares of HP from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $28.71.

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.