Stock Traders Purchase Large Volume of HP Call Options (NYSE:HPQ)

HP Inc. (NYSE:HPQ) saw some unusual options trading activity on Wednesday. Stock investors acquired 33,966 call options on the stock. This is an increase of 41% compared to the typical daily volume of 24,151 call options.

More HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP unveiled high‑performance workstations and desktops built for heavy local AI workloads (including systems that can support up to four NVIDIA Blackwell GPUs), signaling a push into enterprise on‑device AI that could drive commercial refresh cycles and higher ASPs. HP reveals new high-performance PCs able to support up to four Nvidia Blackwell GPUs
• Positive Sentiment: HP introduced HP IQ, a workplace intelligence layer and integrations (including HP Workforce Experience Platform) that aim to create recurring software/services revenue and stickier device ecosystems—a potential margin and lifetime‑value benefit. HP Demonstrates Its Vision … with the Introduction of HP IQ
• Positive Sentiment: New LaserJet portfolios include AI workflow tools and quantum‑resistant security—features aimed at SMBs and enterprises that could protect print revenue and differentiate HP on security. HP Introduces LaserJet Portfolio with Quantum-Resistant Security
• Positive Sentiment: HP recently beat estimates for the quarter (EPS and revenue) and set Q2 guidance; those results provide near‑term fundamental support while HP pushes into AI-capable devices and services. (Earnings release: Feb 24.)
• Neutral Sentiment: HP announced HP NearSense, a cross‑device interoperability effort with Google’s D2DI that could improve user experience but will take time to roll out and monetize. HP Unveils a New Connectivity Experience … with HP NearSense
• Neutral Sentiment: Analysts note HP’s operations align with S&P 500 fund structures—a technical observation that may affect passive flows but is unlikely to be an immediate catalyst. HP Operations Align With S&P 500 Fund Market Structure
• Negative Sentiment: Coverage remains cautious: analysts’ consensus rating recently averaged “Reduce,” reflecting margin pressure and cyclical hardware headwinds—this lingering skepticism caps near‑term upside and keeps valuations subdued. HP Inc. Receives Average Rating of “Reduce” from Analysts

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Argus raised HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Barclays dropped their price objective on HP from $18.00 to $16.00 and set an “underweight” rating on the stock in a report on Wednesday, February 25th. Morgan Stanley decreased their price target on HP from $18.00 to $16.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 25th. Evercore set a $22.00 price objective on shares of HP in a research note on Thursday, February 19th. Finally, JPMorgan Chase & Co. cut their price target on shares of HP from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, HP presently has an average rating of “Reduce” and an average price target of $21.58.

Insider Activity

In related news, insider Ketan M. Patel sold 33,321 shares of HP stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $23.19, for a total transaction of $772,713.99. Following the completion of the sale, the insider owned 34,572 shares of the company’s stock, valued at approximately $801,724.68. The trade was a 49.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.18% of the company’s stock.

Hedge Funds Weigh In On HP

A number of hedge funds have recently modified their holdings of HPQ. Garner Asset Management Corp bought a new stake in HP in the fourth quarter valued at $25,000. 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 valued at $26,000 after buying an additional 1,009 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in HP in the 4th quarter worth approximately $26,000. SHP Wealth Management bought a new position in shares of HP during the 4th quarter valued at approximately $26,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of HP in the second quarter valued at $27,000. Hedge funds and other institutional investors own 77.53% of the company’s stock.

HP Price Performance

HP stock traded up $0.72 during mid-day trading on Wednesday, hitting $19.61. The company’s stock had a trading volume of 12,971,348 shares, compared to its average volume of 19,600,678. The business has a 50 day moving average price of $19.14 and a 200-day moving average price of $23.27. HP has a 12 month low of $17.56 and a 12 month high of $29.55. The stock has a market cap of $17.93 billion, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 5.15 and a beta of 1.18.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. The firm had revenue of $14.44 billion for the quarter, compared to the consensus estimate of $13.87 billion. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.74 earnings per share. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, equities research analysts expect that HP will post 3.56 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, April 1st. Stockholders of record on Wednesday, March 11th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.1%. HP’s dividend payout ratio (DPR) is currently 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.