J.W. Cole Advisors Inc. Boosts Position in HP Inc. $HPQ

J.W. Cole Advisors Inc. raised its position in HP Inc. (NYSE:HPQ) by 9.2% during the second quarter, Holdings Channel reports. The fund owned 27,999 shares of the computer maker’s stock after acquiring an additional 2,357 shares during the period. J.W. Cole Advisors Inc.’s holdings in HP were worth $685,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in HPQ. WPG Advisers LLC bought a new position in shares of HP in the 1st quarter worth approximately $25,000. Laurel Wealth Advisors LLC grew its position in HP by 2,346.5% during the second 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 during the period. Global Trust Asset Management LLC increased its holdings in HP by 492.6% during the second 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 during the last quarter. AlphaCore Capital LLC raised its position in HP by 143.5% in the second quarter. AlphaCore Capital LLC now owns 1,561 shares of the computer maker’s stock worth $39,000 after acquiring an additional 920 shares during the period. Finally, Quaker Wealth Management LLC raised 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 during the period. 77.53% of the stock is currently owned by institutional investors.

HP Stock Up 1.7%

Shares of HP stock opened at $24.39 on Monday. The company has a market capitalization of $22.80 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 2.23 and a beta of 1.28. The stock’s 50-day simple moving average is $26.27 and its 200-day simple moving average is $26.30. HP Inc. has a 52 week low of $21.21 and a 52 week high of $36.93.

HP (NYSE:HPQ) last issued its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (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 last year, the company earned $0.93 EPS. The firm’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. On average, equities analysts expect that HP Inc. will post 3.56 earnings per share for the current year.

HP Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, December 11th. This is an increase from HP’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. HP’s dividend payout ratio (DPR) is 45.28%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research note on Wednesday, October 8th. Morgan Stanley cut their price target on HP from $21.00 to $20.00 and set an “underweight” rating for the company in a report on Wednesday, November 26th. Barclays reduced their price target on HP from $27.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 26th. Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Finally, Bank of America reduced their target price on shares of HP from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, November 21st. One investment 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $25.69.

Insider Buying and Selling at HP

In related news, CEO Enrique Lores sold 34,282 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 3 shares in the company, valued at approximately $80.55. This represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the sale, the insider owned 169 shares in the company, valued at approximately $4,711.72. This represents a 99.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.38% of the stock is currently owned by insiders.

HP 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.