Natixis Advisors LLC Grows Position in HP Inc. $HPQ

Natixis Advisors LLC boosted its stake in shares of HP Inc. (NYSE:HPQ) by 27.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,281,893 shares of the computer maker’s stock after purchasing an additional 275,339 shares during the period. Natixis Advisors LLC’s holdings in HP were worth $34,906,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Munich Reinsurance Co Stock Corp in Munich purchased a new position in shares of HP in the 3rd quarter worth $5,836,000. HUB Investment Partners LLC boosted its holdings in HP by 10.8% in the third quarter. HUB Investment Partners LLC now owns 10,567 shares of the computer maker’s stock valued at $288,000 after acquiring an additional 1,028 shares during the last quarter. Neuberger Berman Group LLC grew its position in HP by 3.1% during the third quarter. Neuberger Berman Group LLC now owns 239,660 shares of the computer maker’s stock valued at $6,526,000 after acquiring an additional 7,136 shares during the period. Aptus Capital Advisors LLC acquired a new stake in HP during the third quarter worth about $272,000. Finally, Barclays PLC increased its stake in HP by 14.9% during the third quarter. Barclays PLC now owns 2,795,151 shares of the computer maker’s stock worth $76,112,000 after acquiring an additional 362,843 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

Analyst Ratings Changes

HPQ has been the topic of several research analyst reports. Argus raised HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Bank of America reissued an “underperform” rating and set a $20.00 target price (down from $26.00) on shares of HP in a research report on Tuesday, February 3rd. The Goldman Sachs Group cut their price target on shares of HP from $21.00 to $16.00 and set a “sell” rating on the stock in a report on Wednesday, February 25th. Evercore set a $22.00 price target on shares of HP in a research report on Thursday, February 19th. Finally, Morgan Stanley decreased their price objective on shares of HP from $18.00 to $16.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, HP presently has a consensus rating of “Reduce” and an average price target of $21.58.

Insider Activity

In other news, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction on Friday, December 26th. The shares were 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 of the company’s stock, valued at approximately $801,724.68. The trade was a 49.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.18% of the stock is owned by corporate insiders.

HP Price Performance

Shares of HPQ opened at $18.78 on Wednesday. HP Inc. has a 12 month low of $17.56 and a 12 month high of $29.89. The stock’s 50-day moving average is $19.75 and its two-hundred day moving average is $23.95. The stock has a market cap of $17.18 billion, a PE ratio of 7.11, a P/E/G ratio of 5.26 and a beta of 1.18.

HP (NYSE:HPQ) last posted its earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. The business had revenue of $14.44 billion during the quarter, compared to analyst estimates of $13.87 billion. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.74 earnings per share. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, research analysts anticipate that HP Inc. will post 3.56 earnings per share for the current year.

HP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.20 annualized dividend and a yield of 6.4%. HP’s dividend payout ratio (DPR) is 45.45%.

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.