HP Inc. (NYSE:HPQ) Receives $25.69 Average Target Price from Brokerages

HP Inc. (NYSE:HPQ) has been given an average rating of “Hold” by the nineteen ratings firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation, one has given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $25.6923.

HPQ has been the topic of a number of recent analyst reports. UBS Group set a $24.00 price objective on shares of HP in a research report on Wednesday, November 26th. Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. TD Cowen dropped their price objective on HP from $28.00 to $26.00 and set a “hold” rating for the company in a report on Wednesday, November 26th. Argus raised HP to a “strong-buy” rating in a research report on Tuesday, December 2nd. Finally, Citigroup decreased their target price on HP from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th.

HP Trading Up 0.2%

Shares of HPQ opened at $21.44 on Thursday. The business’s 50 day moving average is $24.02 and its 200 day moving average is $25.80. HP has a 12-month low of $20.65 and a 12-month high of $35.28. The company has a market capitalization of $19.68 billion, a PE ratio of 8.09, a price-to-earnings-growth ratio of 4.02 and a beta of 1.21.

HP (NYSE:HPQ) last issued its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The firm had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. During the same quarter last year, the business posted $0.93 earnings per share. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Equities research analysts predict that HP will post 3.56 earnings per share for the current year.

HP Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.6%. The ex-dividend date was Thursday, December 11th. This is a positive change from HP’s previous quarterly dividend of $0.29. HP’s dividend payout ratio (DPR) is currently 45.28%.

Insider Activity at HP

In related news, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $23.19, for a total transaction of $772,713.99. Following the transaction, the insider directly owned 34,572 shares in the company, valued at $801,724.68. The trade was a 49.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Anneliese Olson sold 18,154 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the sale, the insider directly owned 169 shares in the company, valued at approximately $4,711.72. This represents a 99.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 110,123 shares of company stock valued at $2,784,126 over the last ninety days. 0.38% of the stock is owned by company insiders.

Hedge Funds Weigh In On HP

Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC grew its stake in HP by 341.1% in the 4th quarter. SG Americas Securities LLC now owns 1,788,996 shares of the computer maker’s stock valued at $39,859,000 after acquiring an additional 1,383,429 shares during the period. Diversified Trust Co. raised its position in HP by 50.6% during the fourth quarter. Diversified Trust Co. now owns 89,458 shares of the computer maker’s stock worth $1,993,000 after acquiring an additional 30,072 shares during the period. True Wealth Design LLC lifted its holdings in HP by 208.0% during the fourth quarter. True Wealth Design LLC now owns 2,421 shares of the computer maker’s stock valued at $54,000 after purchasing an additional 1,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of HP by 10.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 372,367 shares of the computer maker’s stock valued at $8,262,000 after purchasing an additional 35,009 shares during the period. Finally, NorthCrest Asset Manangement LLC purchased a new stake in shares of HP during the fourth quarter worth about $611,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Company Profile

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.