1,392,976 Shares in HP Inc. $HPQ Acquired by PFA Pension Forsikringsaktieselskab

Key Points

• PFA Pension Forsikringsaktieselskab initiated a new position in HP, buying 1,392,976 shares valued at about $31.9 million and ending the period with roughly 0.15% ownership.
• Analyst sentiment has weakened with a MarketBeat consensus rating of "Reduce" and a $21.58 consensus target, as several firms cut price targets (Goldman to $16, BofA to $20, UBS to $20) and issued negative/neutral ratings.
• HP recently beat quarterly estimates — $0.81 EPS vs. $0.77 expected and $14.44B revenue vs. $13.87B (up 6.9% YoY) — and guided Q2 EPS to $0.700–0.760; the stock trades at a market cap of about $19.0B and a PE of ~7.9.

PFA Pension Forsikringsaktieselskab purchased a new position in shares of HP Inc. (NYSE:HPQ - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,392,976 shares of the computer maker's stock, valued at approximately $31,899,000. PFA Pension Forsikringsaktieselskab owned about 0.15% of HP at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of HPQ. Flagship Harbor Advisors LLC bought a new position in HP during the 4th quarter worth approximately $26,000. Sound Income Strategies LLC lifted its holdings in HP by 97.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker's stock worth $27,000 after buying an additional 646 shares during the period. Westfuller Advisors LLC purchased a new stake in HP in the 3rd quarter worth approximately $28,000. Caitlin John LLC purchased a new stake in HP in the 3rd quarter worth approximately $30,000. Finally, CoreCap Advisors LLC lifted its holdings in HP by 50.6% in the 3rd quarter. CoreCap Advisors LLC now owns 1,422 shares of the computer maker's stock worth $39,000 after buying an additional 478 shares during the period. 77.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Bank of America reiterated an "underperform" rating and issued a $20.00 price objective (down from $26.00) on shares of HP in a report on Tuesday, February 3rd. The Goldman Sachs Group dropped their price objective on HP from $21.00 to $16.00 and set a "sell" rating for the company in a report on Wednesday, February 25th. UBS Group dropped their price objective on HP from $26.00 to $20.00 and set a "neutral" rating for the company in a report on Thursday, February 19th. Weiss Ratings restated a "hold (c)" rating on shares of HP in a research report on Thursday, January 22nd. Finally, Evercore set a $22.00 price target on HP in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat, HP has a consensus rating of "Reduce" and a consensus target price of $21.58.

HP Stock Down 0.0%

NYSE HPQ opened at $20.82 on Monday. HP Inc. has a twelve month low of $17.56 and a twelve month high of $29.55. The firm has a market capitalization of $19.04 billion, a PE ratio of 7.89, a P/E/G ratio of 5.79 and a beta of 1.09. The stock's 50 day moving average is $19.14 and its 200 day moving average is $21.74.

HP (NYSE:HPQ - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share for the quarter, beating 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 company had revenue of $14.44 billion for the quarter, compared to analyst estimates of $13.87 billion. During the same period in the previous year, the company posted $0.74 earnings per share. The firm'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. On average, research analysts anticipate that HP Inc. will post 2.84 earnings per share for the current year.

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.

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