Lombard Odier Asset Management Europe Ltd Invests $3.59 Million in HP Inc. $HPQ

Lombard Odier Asset Management Europe Ltd bought a new stake in shares of HP Inc. (NYSE:HPQ) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 163,592 shares of the computer maker’s stock, valued at approximately $3,589,000.

Several other institutional investors and hedge funds have also bought and sold shares of HPQ. IHT Wealth Management LLC lifted its position 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. Vident Advisory LLC boosted its stake in shares of HP by 0.6% during the second quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock valued at $1,702,000 after purchasing an additional 444 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in shares of HP by 10.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 5,020 shares of the computer maker’s stock worth $110,000 after purchasing an additional 467 shares during the last quarter. Vise Technologies Inc. grew its holdings in shares of HP by 2.4% in the third quarter. Vise Technologies Inc. now owns 20,531 shares of the computer maker’s stock worth $559,000 after purchasing an additional 477 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC increased its stake in shares of HP by 0.6% in the second quarter. Legacy Wealth Asset Management LLC now owns 80,784 shares of the computer maker’s stock worth $1,772,000 after buying an additional 491 shares during the period. 77.53% of the stock is currently owned by institutional investors.

HP Stock Up 3.1%

NYSE:HPQ opened at $30.56 on Friday. The firm’s fifty day simple moving average is $26.38 and its 200 day simple moving average is $22.76. The stock has a market cap of $27.95 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 4.59 and a beta of 1.17. HP Inc. has a twelve month low of $17.56 and a twelve month high of $32.19.

HP (NYSE:HPQ) last issued its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, topping the consensus estimate of $0.66 by $0.17. HP had a net margin of 4.14% and a negative return on equity of 947.78%. The business had revenue of $15.68 billion during the quarter, compared to analyst estimates of $14.44 billion. During the same period in the prior year, the business earned $0.75 EPS. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. On average, analysts expect that HP Inc. will post 3.25 EPS for the current fiscal year.

HP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s dividend payout ratio is presently 45.80%.

Insider Buying and Selling

In other HP news, insider David P. Mcquarrie sold 21,048 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $29.98, for a total value of $631,019.04. Following the completion of the sale, the insider directly owned 39,580 shares in the company, valued at $1,186,608.40. This trade represents a 34.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 52,620 shares of company stock valued at $1,478,622 in the last ninety days. Company insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

HPQ has been the subject of several analyst reports. Evercore set a $32.00 price target on shares of HP in a research report on Monday. The Goldman Sachs Group boosted their price objective on shares of HP from $19.00 to $21.00 and gave the company a “sell” rating in a research report on Wednesday, August 12th. Weiss Ratings raised shares of HP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 6th. Sanford C. Bernstein reiterated a “market perform” rating and set a $32.00 target price on shares of HP in a report on Thursday. Finally, Wall Street Zen raised HP from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $25.17.

Key Headlines Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP reported fiscal Q3 revenue of $15.68 billion, up 12.5% year over year and above expectations, while adjusted earnings of $0.83 per share exceeded consensus estimates. Personal Systems revenue increased 18%, helping offset weaker PC unit shipments. HPQ’s Q3 Earnings Surpass Expectations, Revenues Rise Year Over Year
• Positive Sentiment: Management raised its fiscal 2026 EPS and free-cash-flow outlook, citing pricing, a richer premium-PC mix and growing demand for AI-enabled PCs. The outlook supports expectations for potential margin recovery into fiscal 2027. HPQ Q3 Earnings Call Puts Focus on Margin Recovery and AI PCs
• Positive Sentiment: Several Wall Street analysts boosted their price forecasts after the earnings beat, improving near-term sentiment. HP’s cash generation, dividend and planned share repurchases also remain supportive for investors. HP Analysts Boost Their Forecasts
• Neutral Sentiment: HP is pursuing a global Wi-Fi patent agreement, which could help clarify licensing rights and support its connected-device strategy, although the immediate financial impact is unclear. Why Is HP Signing a Global Wi-Fi Patent Deal Now?
• Negative Sentiment: Investors remain concerned that rising memory costs, continued PC shipment declines and ongoing margin contraction could limit the durability of HP’s earnings growth. Profit and operating leverage weakened even as revenue rose, creating skepticism after a substantial recent rally. HP Stock Slides as Memory Costs Pressure PC Margins

HP Company Profile

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.