SG Americas Securities LLC Grows Stock Holdings in HP Inc. $HPQ

SG Americas Securities LLC boosted its stake in shares of HP Inc. (NYSE:HPQ) by 404.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 405,567 shares of the computer maker’s stock after buying an additional 325,131 shares during the quarter. SG Americas Securities LLC’s holdings in HP were worth $11,044,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Plato Investment Management Ltd boosted its stake in shares of HP by 1.2% during the 1st quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock worth $869,000 after acquiring an additional 363 shares in the last quarter. Fiduciary Financial Group LLC boosted its position in HP by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock worth $324,000 after purchasing an additional 390 shares in the last quarter. IHT Wealth Management LLC grew its holdings in HP by 3.3% in the second quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock valued at $305,000 after purchasing an additional 398 shares during the last quarter. AdvisorNet Financial Inc increased its position in shares of HP by 42.9% in the third quarter. AdvisorNet Financial Inc now owns 1,349 shares of the computer maker’s stock valued at $37,000 after buying an additional 405 shares in the last quarter. Finally, TD Waterhouse Canada Inc. raised its stake in shares of HP by 6.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock worth $173,000 after buying an additional 410 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HPQ has been the topic of a number of research reports. Zacks Research cut shares of HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Morgan Stanley reduced their price target on shares of HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a report on Wednesday, November 26th. Barclays dropped their price objective on shares of HP from $27.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 26th. Citigroup reduced their target price on HP from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Finally, Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $25.69.

HP Stock Performance

Shares of NYSE HPQ opened at $21.44 on Friday. HP Inc. has a 1 year low of $20.65 and a 1 year high of $35.28. The firm’s 50 day moving average price is $24.02 and its 200 day moving average price is $25.79. The firm has a market cap of $19.68 billion, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 4.01 and a beta of 1.21.

HP (NYSE:HPQ) last issued its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $14.50 billion. During the same period in the previous year, the firm posted $0.93 EPS. HP’s revenue was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, equities analysts predict that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

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

Insider Buying and Selling at HP

In related news, CEO Enrique Lores sold 41,922 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.00, for a total value of $1,089,972.00. Following the sale, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. This trade represents 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 at the SEC website. Also, insider Anneliese Olson sold 16,726 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the transaction, the insider directly owned 169 shares of the company’s stock, valued at $4,196.27. This trade represents a 99.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 110,123 shares of company stock worth $2,784,126 in the last 90 days. 0.38% of the stock is owned by company insiders.

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.