NEOS Investment Management LLC Buys 38,561 Shares of HP Inc. $HPQ

NEOS Investment Management LLC increased its position in shares of HP Inc. (NYSE:HPQ) by 47.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 119,285 shares of the computer maker’s stock after acquiring an additional 38,561 shares during the quarter. NEOS Investment Management LLC’s holdings in HP were worth $3,248,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Richardson Financial Services Inc. lifted its position in HP by 14.9% during the 3rd quarter. Richardson Financial Services Inc. now owns 2,827 shares of the computer maker’s stock worth $77,000 after buying an additional 367 shares in the last quarter. Auxano Advisors LLC grew its position in shares of HP by 4.4% in the 3rd quarter. Auxano Advisors LLC now owns 9,261 shares of the computer maker’s stock valued at $252,000 after acquiring an additional 391 shares during the period. IHT Wealth Management LLC increased its position in HP by 3.3% during the second quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock worth $305,000 after buying an additional 398 shares during the last quarter. AdvisorNet Financial Inc raised its stake in HP by 42.9% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,349 shares of the computer maker’s stock valued at $37,000 after acquiring an additional 405 shares during the period. Finally, TD Waterhouse Canada Inc. lifted its stake in shares of HP by 6.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock worth $173,000 after buying an additional 410 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors and hedge funds.

HP Stock Down 0.1%

NYSE:HPQ opened at $18.33 on Friday. The stock’s 50-day simple moving average is $20.99 and its 200 day simple moving average is $24.66. HP Inc. has a twelve month low of $18.25 and a twelve month high of $35.28. The firm has a market capitalization of $16.82 billion, a PE ratio of 6.92, a price-to-earnings-growth ratio of 0.29 and a beta of 1.21.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The company had revenue of $14.64 billion for the quarter, compared to analyst estimates of $14.50 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. 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 and its Q1 2026 guidance at 0.730-0.810 EPS. On average, analysts anticipate that HP Inc. will post 3.56 EPS for the current fiscal year.

HP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.5%. HP’s payout ratio is currently 45.28%.

Analyst Ratings Changes

HPQ has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price target on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Morgan Stanley lowered their price objective on HP from $21.00 to $20.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 26th. Argus raised shares of HP to a “strong-buy” rating in a research report on Tuesday, December 2nd. Barclays restated an “underweight” rating and issued a $18.00 price target (down previously from $24.00) on shares of HP in a research report on Friday, January 16th. Finally, Evercore set a $22.00 price objective on shares of HP in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, HP has a consensus rating of “Reduce” and a consensus price target of $23.62.

Insider Buying and Selling

In related news, CEO Enrique Lores sold 41,922 shares of HP stock in a transaction on Friday, December 5th. The shares were sold at an average price of $26.00, for a total value of $1,089,972.00. Following the completion of the sale, the chief executive officer owned 141,456 shares of the company’s stock, valued at approximately $3,677,856. This trade represents a 22.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Anneliese Olson sold 16,726 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the transaction, the insider owned 169 shares in the company, valued at approximately $4,196.27. The trade was a 99.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 91,969 shares of company stock worth $2,277,993 in the last ninety days. Corporate insiders own 0.38% of the company’s stock.

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.