HP Inc. $HPQ Shares Purchased by One Wealth Advisors LLC

Key Points

• One Wealth Advisors LLC increased its stake in HP Inc. by 31.8%, holding nearly 40,000 shares valued at approximately $977,000.
• HP's stock has received a consensus Hold rating from analysts, with a revised average price target of $29.38.
• In its latest earnings report, HP Inc. reported earnings of $0.75 per share and revenue of $13.93 billion, indicating a year-over-year revenue increase of 3.1%.

One Wealth Advisors LLC grew its stake in shares of HP Inc. (NYSE:HPQ - Free Report) by 31.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,957 shares of the computer maker's stock after buying an additional 9,647 shares during the quarter. One Wealth Advisors LLC's holdings in HP were worth $977,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. WPG Advisers LLC acquired a new stake in HP in the first quarter worth approximately $25,000. Global Trust Asset Management LLC raised its stake in shares of HP by 492.6% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker's stock worth $29,000 after buying an additional 1,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of HP in the first quarter valued at $35,000. Iron Horse Wealth Management LLC bought a new position in HP during the first quarter valued at about $39,000. Finally, Financial Freedom LLC boosted its stake in HP by 141.4% during the first quarter. Financial Freedom LLC now owns 1,499 shares of the computer maker's stock valued at $42,000 after buying an additional 878 shares in the last quarter. 77.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. UBS Group upped their price target on shares of HP from $26.00 to $29.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. Dbs Bank downgraded shares of HP from a "moderate buy" rating to a "hold" rating in a report on Wednesday, June 11th. JPMorgan Chase & Co. raised their target price on shares of HP from $27.00 to $30.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Zacks Research upgraded shares of HP from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 19th. Finally, Evercore ISI reiterated an "in-line" rating and set a $29.00 price objective on shares of HP in a research report on Wednesday, September 10th. One research analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, HP currently has a consensus rating of "Hold" and a consensus price target of $29.38.

HP Stock Up 0.8%

HPQ stock opened at $26.93 on Tuesday. The company has a 50 day moving average of $27.07 and a two-hundred day moving average of $26.22. The company has a market cap of $25.17 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 2.15 and a beta of 1.29. HP Inc. has a 12-month low of $21.21 and a 12-month high of $39.79.

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

About HP

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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