Northwest & Ethical Investments L.P. Increases Stock Position in HP Inc. $HPQ

Northwest & Ethical Investments L.P. boosted its position in shares of HP Inc. (NYSE:HPQ) by 16.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 200,935 shares of the computer maker’s stock after acquiring an additional 29,060 shares during the period. Northwest & Ethical Investments L.P.’s holdings in HP were worth $4,915,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HPQ. WPG Advisers LLC bought a new position in HP during the first quarter valued at $25,000. Laurel Wealth Advisors LLC raised its position in shares of 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. Global Trust Asset Management LLC raised its position in shares of HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after buying an additional 1,000 shares in the last quarter. AlphaCore Capital LLC lifted its holdings in shares of HP by 143.5% in the 2nd quarter. AlphaCore Capital LLC now owns 1,561 shares of the computer maker’s stock valued at $39,000 after acquiring an additional 920 shares during the last quarter. Finally, Quaker Wealth Management LLC grew its position in HP by 203.9% in the second quarter. Quaker Wealth Management LLC now owns 1,692 shares of the computer maker’s stock worth $41,000 after acquiring an additional 3,320 shares in the last quarter. Institutional investors own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

HPQ has been the topic of several analyst reports. Evercore ISI reduced their price objective on HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research note on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th. Morgan Stanley decreased their price target on HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a report on Wednesday. Wall Street Zen downgraded HP from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. Finally, JPMorgan Chase & Co. cut their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, HP presently has a consensus rating of “Hold” and a consensus target price of $25.69.

Insider Transactions at HP

In other news, CEO Enrique Lores sold 34,282 shares of the firm’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the transaction, the chief executive officer directly owned 3 shares of the company’s stock, valued at approximately $80.55. This trade represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Anneliese Olson sold 18,154 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total value of $506,133.52. Following the completion of the sale, the insider owned 169 shares of the company’s stock, valued at $4,711.72. The trade was a 99.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.38% of the company’s stock.

HP Stock Performance

Shares of HPQ stock opened at $23.97 on Thursday. The stock has a 50 day moving average price of $26.43 and a 200 day moving average price of $26.38. HP Inc. has a 52-week low of $21.21 and a 52-week high of $37.50. The firm has a market capitalization of $22.40 billion, a P/E ratio of 8.75, a P/E/G ratio of 2.23 and a beta of 1.28.

HP (NYSE:HPQ) last announced its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The company had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $14.50 billion. During the same quarter in the prior year, the company posted $0.93 EPS. HP’s quarterly revenue was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. As a group, sell-side analysts forecast that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Thursday, December 11th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $1.20 annualized dividend and a yield of 5.0%. This is a boost from HP’s previous quarterly dividend of $0.29. HP’s payout ratio is 43.40%.

HP Company Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.