LaSalle St. Investment Advisors LLC Buys Shares of 54,953 HP Inc. $HPQ

Posted by George Bondi on Aug 21st, 2026

LaSalle St. Investment Advisors LLC purchased a new stake in shares of HP Inc. (NYSE:HPQ – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 54,953 shares of the computer maker’s stock, valued at approximately $1,206,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of HPQ. Garner Asset Management Corp bought a new stake in shares of HP in the fourth quarter worth $25,000. SHP Wealth Management bought a new position in HP in the fourth quarter valued at about $26,000. Union Savings Bank bought a new position in HP in the fourth quarter valued at about $28,000. DV Equities LLC purchased a new position in HP in the fourth quarter worth about $29,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in HP in the fourth quarter worth about $32,000. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HPQ has been the subject of several research reports. Citigroup upped their price target on shares of HP from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. JPMorgan Chase & Co. raised their price objective on shares of HP from $22.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Barclays boosted their target price on shares of HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Morgan Stanley upped their target price on shares of HP from $17.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Finally, UBS Group increased their price target on shares of HP from $20.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $23.50.

Read Our Latest Stock Analysis on HP

Insiders Place Their Bets

In other HP news, insider David P. Mcquarrie sold 21,048 shares of HP stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $29.98, for a total transaction of $631,019.04. Following the transaction, the insider owned 39,580 shares of the company’s stock, valued at $1,186,608.40. The trade was a 34.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,620 shares of company stock worth $1,478,622 over the last quarter. 0.18% of the stock is owned by insiders.

HP Stock Performance

NYSE:HPQ opened at $29.42 on Friday. The stock has a 50-day simple moving average of $25.69 and a two-hundred day simple moving average of $22.35. The firm has a market capitalization of $26.91 billion, a PE ratio of 10.86, a P/E/G ratio of 5.05 and a beta of 1.17. HP Inc. has a 52-week low of $17.56 and a 52-week high of $32.19.

HP (NYSE:HPQ – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, topping the consensus estimate of $0.72 by $0.14. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The firm had revenue of $14.41 billion for the quarter, compared to the consensus estimate of $13.99 billion. During the same quarter last year, the company earned $0.71 earnings per share. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. Equities analysts forecast that HP Inc. will post 2.98 earnings per share for the current fiscal year.

HP Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, September 9th. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. HP’s dividend payout ratio (DPR) is presently 44.28%.

HP Profile

(Free Report)

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.