Boyd Watterson Asset Management LLC OH Reduces Holdings in HP Inc. $HPQ

Boyd Watterson Asset Management LLC OH trimmed its position in shares of HP Inc. (NYSE:HPQ) by 59.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,359 shares of the computer maker’s stock after selling 7,979 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in HP were worth $131,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Plato Investment Management Ltd boosted its stake in shares of HP by 1.2% during the first quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock valued at $869,000 after purchasing an additional 363 shares during the period. Coppell Advisory Solutions LLC boosted its stake in shares of HP by 4.4% during the first quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock valued at $223,000 after purchasing an additional 369 shares during the period. Fiduciary Financial Group LLC boosted its stake in shares of HP by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock valued at $324,000 after purchasing an additional 390 shares during the period. Bleakley Financial Group LLC boosted its stake in shares of HP by 2.1% during the first quarter. Bleakley Financial Group LLC now owns 20,262 shares of the computer maker’s stock valued at $561,000 after purchasing an additional 411 shares during the period. Finally, Private Trust Co. NA boosted its stake in shares of HP by 13.3% during the first quarter. Private Trust Co. NA now owns 3,684 shares of the computer maker’s stock valued at $102,000 after purchasing an additional 433 shares during the period. 77.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. UBS Group boosted their target price on shares of HP from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Evercore ISI restated an “in-line” rating and issued a $29.00 price objective on shares of HP in a report on Wednesday, September 10th. HSBC set a $30.00 price objective on HP and gave the company a “buy” rating in a report on Tuesday, October 14th. Finally, Barclays decreased their price objective on HP from $28.00 to $27.00 and set an “equal weight” rating for the company in a report on Thursday, August 28th. 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 one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, HP has an average rating of “Hold” and an average price target of $28.71.

HP Stock Performance

Shares of HP stock opened at $27.87 on Tuesday. The company has a market capitalization of $26.05 billion, a PE ratio of 10.17, a P/E/G ratio of 2.22 and a beta of 1.29. The company has a 50-day simple moving average of $27.68 and a two-hundred day simple moving average of $26.32. HP Inc. has a one year low of $21.21 and a one year high of $39.79.

HP (NYSE:HPQ) last announced its earnings results on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, hitting analysts’ consensus estimates of $0.75. The business had revenue of $13.93 billion during the quarter, compared to the consensus estimate of $13.69 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, equities analysts predict that HP Inc. will post 3.56 earnings per share for the current fiscal year.

Insider Buying and Selling

In other HP news, CEO Enrique Lores sold 34,282 shares of the business’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $26.85, for a total value of $920,471.70. Following the completion of the transaction, the chief executive officer directly owned 3 shares in the company, valued at approximately $80.55. The trade was a 99.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.38% of the company’s stock.

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.