Cantor Fitzgerald Investment Advisors L.P. Trims Stock Holdings in HP Inc. $HPQ

Key Points

• Cantor Fitzgerald trimmed its stake in HP Inc. by 14.5% in Q4, selling 85,991 shares and retaining 507,175 shares worth about $11.3 million.
• Wall Street sentiment is weak — the stock has an average consensus rating of "Reduce" with a consensus target of $21.58, and several firms have cut price targets or issued underweight/neutral ratings.
• HP recently beat quarterly estimates with $0.81 EPS and $14.44 billion in revenue, set Q2 guidance of 0.700–0.760 EPS, and pays a quarterly dividend of $0.30 (≈6.6% yield).

Cantor Fitzgerald Investment Advisors L.P. reduced its stake in HP Inc. (NYSE:HPQ - Free Report) by 14.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 507,175 shares of the computer maker's stock after selling 85,991 shares during the period. Cantor Fitzgerald Investment Advisors L.P. owned approximately 0.06% of HP worth $11,300,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HPQ. Flagship Harbor Advisors LLC purchased a new stake in HP in the 4th quarter valued at about $26,000. Sound Income Strategies LLC raised 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 valued at $27,000 after buying an additional 646 shares during the period. Westfuller Advisors LLC purchased a new stake in HP in the 3rd quarter valued at about $28,000. Caitlin John LLC purchased a new stake in HP in the 3rd quarter valued at about $30,000. Finally, Corsicana & Co. purchased a new stake in HP in the 3rd quarter valued at about $33,000. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HPQ. Weiss Ratings reaffirmed a "hold (c)" rating on shares of HP in a research report on Thursday, January 22nd. Evercore set a $22.00 target price on HP in a research report on Thursday, February 19th. Bank of America reaffirmed an "underperform" rating and issued a $20.00 target price (down from $26.00) on shares of HP in a research report on Tuesday, February 3rd. Morgan Stanley dropped their target price on HP from $18.00 to $16.00 and set an "underweight" rating for the company in a research report on Wednesday, February 25th. Finally, UBS Group dropped their target price on HP from $26.00 to $20.00 and set a "neutral" rating for the company in a research report on Thursday, February 19th. Two 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. According to data from MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $21.58.

HP Stock Performance

Shares of HP stock opened at $18.27 on Friday. HP Inc. has a one year low of $17.56 and a one year high of $29.55. The company has a market cap of $16.71 billion, a PE ratio of 6.92, a P/E/G ratio of 5.10 and a beta of 1.11. The business has a 50-day simple moving average of $18.94 and a 200-day simple moving average of $22.50.

HP (NYSE:HPQ - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $13.87 billion. During the same period in the previous year, the company posted $0.74 earnings per share. The business's revenue for the quarter 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, sell-side analysts predict that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.6%. HP's payout ratio is currently 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.

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