HP Inc. $HPQ Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of HP Inc. (NYSE:HPQ) by 27.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,281,893 shares of the computer maker’s stock after acquiring an additional 275,339 shares during the quarter. Natixis Advisors LLC owned approximately 0.14% of HP worth $34,906,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Westfuller Advisors LLC acquired a new stake in shares of HP in the third quarter valued at approximately $28,000. 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 worth $26,000 after purchasing an additional 1,009 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in HP in the 2nd quarter valued at approximately $27,000. Caitlin John LLC purchased a new stake in HP in the 3rd quarter valued at approximately $30,000. Finally, Corsicana & Co. acquired a new stake in HP during the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HPQ. Evercore set a $22.00 price target on HP in a research report on Thursday, February 19th. Zacks Research lowered HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Morgan Stanley dropped their price objective on HP from $18.00 to $16.00 and set an “underweight” rating for the company in a research report on Wednesday, February 25th. TD Cowen cut their target price on shares of HP from $28.00 to $26.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th. Finally, The Goldman Sachs Group reduced their target price on shares of HP from $21.00 to $16.00 and set a “sell” rating on the stock in a report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $21.58.

Insider Transactions at HP

In other HP news, insider Ketan M. Patel sold 33,321 shares of HP stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the sale, the insider owned 34,572 shares in the company, valued at $801,724.68. The trade was a 49.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.18% of the company’s stock.

HP Stock Performance

Shares of HPQ opened at $18.78 on Wednesday. The stock has a fifty day moving average of $19.75 and a two-hundred day moving average of $23.95. The company has a market capitalization of $17.18 billion, a PE ratio of 7.11, a price-to-earnings-growth ratio of 5.26 and a beta of 1.18. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $29.89.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.04. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The business had revenue of $14.44 billion for the quarter, compared to analysts’ expectations of $13.87 billion. During the same quarter last year, the firm earned $0.74 earnings per share. The business’s revenue was up 6.9% on a year-over-year basis. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. As a group, equities research analysts forecast that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 annualized dividend and a yield of 6.4%. HP’s dividend payout ratio is 45.45%.

About HP

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.