Beverly Hills Private Wealth LLC Acquires 31,814 Shares of HP Inc. $HPQ

Key Points

• Beverly Hills Private Wealth LLC has increased its stake in HP Inc. by 54.7%, acquiring an additional 31,814 shares, bringing its total holdings to 89,927 shares worth approximately $2.2 million.
• CEO Enrique Lores sold 34,282 shares at an average price of $26.85, representing a 99.99% reduction in his position, now holding only 3 shares valued around $80.55.
• HP's latest earnings report shows a revenue of $13.93 billion for the quarter, exceeding analyst estimates, while the company set a Q4 2025 EPS guidance of 0.870-0.97.

Beverly Hills Private Wealth LLC boosted its holdings in shares of HP Inc. (NYSE:HPQ - Free Report) by 54.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,927 shares of the computer maker's stock after acquiring an additional 31,814 shares during the period. Beverly Hills Private Wealth LLC's holdings in HP were worth $2,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of HP in the 1st quarter worth $25,000. Global Trust Asset Management LLC lifted its position in shares of HP by 492.6% during the second quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker's stock valued at $29,000 after buying an additional 1,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of HP during the first quarter valued at about $35,000. Iron Horse Wealth Management LLC purchased a new stake in shares of HP during the first quarter valued at about $39,000. Finally, Golden State Wealth Management LLC lifted its position in shares of HP by 165.3% during the first quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker's stock valued at $42,000 after buying an additional 947 shares during the last quarter. 77.53% of the stock is owned by institutional investors.

Insider Transactions at HP

In other HP news, CEO Enrique Lores sold 34,282 shares of the firm's stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the transaction, the chief executive officer directly owned 3 shares of the company's stock, valued at approximately $80.55. This trade represents a 99.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.38% of the company's stock.

HP Stock Up 0.7%

Shares of HP stock opened at $27.39 on Monday. The firm has a market capitalization of $25.60 billion, a P/E ratio of 10.00, a PEG ratio of 2.20 and a beta of 1.29. The company has a 50 day moving average price of $27.54 and a 200 day moving average price of $26.12. HP Inc. has a 52 week low of $21.21 and a 52 week high of $39.79.

HP (NYSE:HPQ - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. The firm had revenue of $13.93 billion during the quarter, compared to analyst estimates of $13.69 billion. HP had a net margin of 4.83% and a negative return on equity of 262.03%. HP's revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.83 EPS. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. As a group, research analysts anticipate that HP Inc. will post 3.56 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on HPQ shares. Evercore ISI reissued an "in-line" rating and set a $29.00 price target on shares of HP in a research report on Wednesday, September 10th. Hsbc Global Res raised shares of HP from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 14th. HSBC set a $30.00 price target on shares of HP and gave the company a "buy" rating in a research report on Tuesday, October 14th. UBS Group increased their price target on shares of HP from $26.00 to $29.00 and gave the company a "neutral" rating in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. increased their price target on shares of HP from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $28.71.

HP Company 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.

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