HP Inc. (NYSE:HPQ) Given Average Recommendation of “Hold” by Brokerages

HP Inc. (NYSE:HPQ) has been given an average rating of “Hold” by the nineteen analysts that are covering the firm, MarketBeat Ratings reports. Three research 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 12 month price target among brokers that have issued ratings on the stock in the last year is $25.6923.

HPQ has been the topic of a number of recent research reports. Bank of America cut their price target on HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Citigroup dropped their price objective on shares of HP from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. JPMorgan Chase & Co. cut their target price on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. Finally, HSBC set a $30.00 price target on shares of HP and gave the company a “buy” rating in a research note on Tuesday, October 14th.

Insider Transactions at HP

In related news, CEO Enrique Lores sold 41,922 shares of HP stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at $3,677,856. The trade was a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anneliese Olson sold 16,726 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total transaction of $415,306.58. Following the sale, the insider directly owned 169 shares of the company’s stock, valued at $4,196.27. This represents a 99.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 111,084 shares of company stock worth $2,931,884 in the last quarter. Corporate insiders own 0.38% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. WPG Advisers LLC acquired a new stake in shares of HP during the first quarter worth $25,000. Westfuller Advisors LLC bought a new stake in HP during the third quarter valued at $28,000. Laurel Wealth Advisors LLC grew its holdings in HP by 2,346.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after acquiring an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in HP during the 2nd quarter worth about $27,000. Finally, Caitlin John LLC bought a new position in shares of HP in the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Price Performance

Shares of HP stock opened at $23.24 on Friday. The company’s 50 day moving average price is $25.64 and its two-hundred day moving average price is $26.03. The firm has a market capitalization of $21.33 billion, a P/E ratio of 8.77, a P/E/G ratio of 4.36 and a beta of 1.22. HP has a fifty-two week low of $21.21 and a fifty-two week high of $35.28.

HP (NYSE:HPQ) last announced its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS 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 company had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. During the same period in the prior year, the company earned $0.93 EPS. HP’s 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. On average, analysts expect that HP will post 3.56 earnings per share for the current year.

HP Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, December 11th. This is a boost from HP’s previous quarterly dividend of $0.29. HP’s dividend payout ratio (DPR) is presently 45.28%.

About HP

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.