HP Inc.

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HP Inc. stock analysis HPQ overview
Bullish +65

Assenagon Asset Management S.A. Raises Holdings in HP Inc. $HPQ

📈 Assenagon Asset Management increased its HP Inc. holdings by 193.0% in Q1, adding 136,741 shares to a total stake of 207,578.

💰 Other institutional investors including Garner Asset Management and Flagship Harbor Advisors established new positions in the fourth quarter.

📊 HP Inc. reported quarterly revenue of $14.41 billion, beating analyst estimates of $13.99 billion by $0.42 billion.

💵 The company posted earnings per share of $0.86, surpassing the consensus estimate of $0.72 by $0.14.

📈 Revenue grew 9.0% year-over-year compared to the same period in the previous fiscal year.

💸 HP Inc. announced a quarterly dividend of $0.30 per share with an annualized yield of 5.3%.

📉 Insider David P. Mcquarrie sold 10,524 shares worth $259,732 under a pre-arranged Rule 10b5-1 trading plan.

🏢 Institutional investors own 77.53% of the company's outstanding stock as of the latest filings.

📅 The company has set fiscal year 2026 EPS guidance between $2.90 and $3.10 per share.

📉 HP Inc. trades at a PE ratio of 8.38 with a market capitalization of $20.77 billion.

Bullish Signals
  • HP Inc. beat quarterly earnings estimates with EPS of $0.86 versus the consensus of $0.72.
  • Revenue of $14.41 billion exceeded analyst expectations of $13.99 billion, indicating strong demand.
  • The company achieved a 9.0% year-over-year revenue growth rate.
  • Assenagon Asset Management significantly increased its stake by 193.0%, signaling strong institutional confidence.
  • Multiple other large investors including Garner Asset Management and Flagship Harbor Advisors initiated new positions.
  • Sound Income Strategies increased its holdings by 97.0% in the fourth quarter.
  • The company offers an attractive annualized dividend yield of 5.3%.
Risk Factors
  • Insider David P. Mcquarrie sold 10,524 shares worth $259,732, reducing his personal stake by 10.24%.
  • The company reported a negative return on equity of -581.36% for the quarter.
Full Analysis
Assenagon Asset Management S.A. significantly increased its stake in HP Inc. (NYSE:HPQ) by 193.0% during the first quarter, acquiring an additional 136,741 shares to hold a total of 207,578 shares valued at $3.988 million. This move was part of broader institutional activity in the fourth quarter, where other firms like Garner Asset Management and Flagship Harbor Advisors established new positions, while Sound Income Strategies lifted its stake by 97.0%. Institutional ownership remains high at 77.53%. HP Inc. reported strong financial performance for the quarter ended May 27th, beating analyst expectations with earnings per share of $0.86 versus a consensus of $0.72. Revenue reached $14.41 billion, representing a 9.0% year-over-year increase against estimates of $13.99 billion. The company maintains a market capitalization of $20.77 billion and has set fiscal year 2026 guidance between $2.90 and $3.10 per share. The company recently announced a quarterly dividend of $0.30 per share, payable on October 7th to shareholders of record on September 9th, resulting in an annualized yield of 5.3%. While insider David P. Mcquarrie sold approximately $260,000 worth of shares under a pre-arranged trading plan, the company's valuation metrics show a PE ratio of 8.38 and a price above its 200-day moving average.