HP Inc.

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HP Inc. stock analysis HPQ overview
Slightly Bearish -15

HP Inc. $HPQ Shares Sold by Virtu Financial LLC - MarketBeat

📈 HP Inc. beat quarterly earnings estimates, posting $0.86 EPS on $14.41 billion in revenue.

📉 Virtu Financial LLC cut its HP stake by 61.7% to 37,897 shares valued at $844,000.

📈 Baird Financial Group Inc. increased its position by 13.1% to own 114,169 shares.

🏛️ Treasurer of the State of North Carolina raised holdings by 70.5% to 731,574 shares.

💰 The company maintained a quarterly dividend of $0.30 for a 5.1% annualized yield.

📉 Bank of America and Goldman Sachs maintain 'underperform' and 'sell' ratings respectively.

📊 Zacks Research upgraded HP from 'strong sell' to 'hold' in April.

👤 Executive David P. McQuarrie sold 10,524 shares under a pre-arranged trading plan.

💵 HP trades at a P/E ratio of 8.67 with a market cap of $21.48 billion.

🔮 Analysts project FY 2026 EPS between 2.90 and 3.10.

Bullish Signals
  • HP Inc. exceeded analyst earnings expectations, reporting $0.86 EPS versus a consensus of $0.72.
  • Revenue grew by 9% year-over-year to reach $14.41 billion in the latest quarter.
  • Multiple institutional investors, including Baird Financial Group and the Treasurer of North Carolina, increased their stakes significantly.
  • Zacks Research upgraded the stock rating from 'strong sell' to 'hold', indicating a shift in sentiment.
  • The company maintains a consistent quarterly dividend of $0.30 per share with a 5.1% yield.
Risk Factors
  • Major Wall Street analysts including Bank of America, Goldman Sachs, and Morgan Stanley maintain 'underperform' or 'sell' ratings.
  • Virtu Financial LLC drastically reduced its position by selling over 61,000 shares in the fourth quarter.
  • The consensus analyst rating remains 'Reduce' with an average price target of $23.33.
  • Executive David P. McQuarrie sold a significant portion of his holdings (10.24% decrease) via a pre-arranged plan.
Full Analysis
HP Inc. (NYSE: HPQ) reported strong quarterly financial results, beating earnings expectations with $0.86 EPS on $14.41 billion in revenue, a 9% year-over-year increase. The company maintained its quarterly dividend at $0.30 per share, offering a 5.1% annualized yield to shareholders. Institutional ownership saw mixed activity in the second and fourth quarters. Virtu Financial LLC significantly reduced its stake by 61.7%, selling over 61,000 shares, while other major investors like Baird Financial Group Inc., Gamco Investors, Daiwa Securities, and the Treasurer of North Carolina increased their holdings. Analyst sentiment remains cautious despite the earnings beat. Major firms including Bank of America, Goldman Sachs, and Morgan Stanley maintained 'underperform' or 'sell' ratings with price targets ranging from $18 to $19, though Zacks Research recently upgraded the stock to a 'hold'. The consensus rating is currently 'Reduce' with an average price target of $23.33. Insider trading activity included executive David P. McQuarrie selling 10,524 shares via a pre-arranged 10b5-1 plan in June. HP Inc. has a market capitalization of approximately $21.48 billion and trades at a P/E ratio of 8.67, with guidance set for FY 2026 EPS between 2.90 and 3.10.