Linden Thomas Advisory Services LLC Increases Stock Holdings in HP Inc. $HPQ

Linden Thomas Advisory Services LLC grew its holdings in shares of HP Inc. (NYSE:HPQ) by 3.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,212 shares of the computer maker’s stock after purchasing an additional 1,779 shares during the period. Linden Thomas Advisory Services LLC’s holdings in HP were worth $1,155,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC increased its stake in HP by 23.1% during the 1st quarter. GAMMA Investing LLC now owns 15,663 shares of the computer maker’s stock worth $434,000 after buying an additional 2,936 shares during the period. Golden State Wealth Management LLC grew its stake in shares of HP by 165.3% in the first quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker’s stock worth $42,000 after acquiring an additional 947 shares in the last quarter. Perigon Wealth Management LLC increased its position in shares of HP by 61.6% during the first quarter. Perigon Wealth Management LLC now owns 10,703 shares of the computer maker’s stock worth $296,000 after acquiring an additional 4,079 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of HP by 4.6% in the first quarter. Sequoia Financial Advisors LLC now owns 26,291 shares of the computer maker’s stock valued at $728,000 after acquiring an additional 1,163 shares in the last quarter. Finally, Western Wealth Management LLC boosted its holdings in HP by 6.8% in the first quarter. Western Wealth Management LLC now owns 7,910 shares of the computer maker’s stock valued at $219,000 after purchasing an additional 505 shares during the period. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Activity

In other news, CEO Enrique Lores sold 34,282 shares of HP 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 transaction, the chief executive officer directly owned 3 shares of the company’s stock, valued at $80.55. The trade was a 99.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.38% of the company’s stock.

HP Trading Down 0.6%

Shares of NYSE:HPQ opened at $27.67 on Monday. HP Inc. has a twelve month low of $21.21 and a twelve month high of $39.79. The company has a market capitalization of $25.87 billion, a PE ratio of 10.10, a P/E/G ratio of 2.22 and a beta of 1.29. The firm has a 50 day simple moving average of $27.66 and a 200-day simple moving average of $26.29.

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

Analyst Ratings Changes

Several brokerages have weighed in on HPQ. Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. UBS Group boosted their price objective on HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a report on Sunday. Sanford C. Bernstein initiated coverage on shares of HP in a report on Monday, September 15th. They set a “market perform” rating and a $30.00 price target for the company. Finally, Zacks Research raised shares of HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. 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 issued a Sell rating to the stock. According to data from MarketBeat, HP presently has an average rating of “Hold” and a consensus target price of $28.71.

About HP

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.