MQS Management LLC Sells 2,284 Shares of HP Inc. $HPQ

MQS Management LLC trimmed its position in HP Inc. (NYSE:HPQ) by 20.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,902 shares of the computer maker’s stock after selling 2,284 shares during the quarter. MQS Management LLC’s holdings in HP were worth $218,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in HP during the first quarter worth approximately $25,000. Global Trust Asset Management LLC increased its stake in HP by 492.6% during the second quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after acquiring an additional 1,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in HP during the first quarter worth approximately $35,000. Iron Horse Wealth Management LLC bought a new stake in HP during the first quarter worth approximately $39,000. Finally, Golden State Wealth Management LLC increased its stake in HP by 165.3% during 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 during the last quarter. 77.53% of the stock is owned by institutional investors.

HP Stock Performance

Shares of NYSE HPQ opened at $28.07 on Wednesday. The firm has a market capitalization of $26.23 billion, a price-to-earnings ratio of 10.24, a PEG ratio of 2.25 and a beta of 1.29. The stock has a 50 day moving average price of $27.71 and a 200 day moving average price of $26.35. HP Inc. has a 52-week low of $21.21 and a 52-week high of $39.79.

HP (NYSE:HPQ) last announced its quarterly 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 analyst estimates of $13.69 billion. HP had a negative return on equity of 262.03% and a net margin of 4.83%.HP’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Analysts forecast that HP Inc. will post 3.56 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. cut HP from an “overweight” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a research note on Wednesday, October 22nd. Wall Street Zen lowered HP from a “buy” rating to a “hold” rating in a research report on Sunday. Evercore ISI restated an “in-line” rating and set a $29.00 target price on shares of HP in a research report on Wednesday, September 10th. HSBC set a $30.00 target price on HP and gave the company a “buy” rating in a research report on Tuesday, October 14th. Finally, Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. One investment 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, HP currently has a consensus rating of “Hold” and an average target price of $28.71.

Insider Activity

In related news, CEO Enrique Lores sold 34,282 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $26.85, for a total value 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. The trade was a 99.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.38% of the company’s stock.

HP Company 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.