HP Inc. $HPQ Shares Sold by Gotham Asset Management LLC

Key Points

• Gotham Asset Management LLC reduced its holdings in HP Inc. by 1.6%, owning approximately 0.07% of the company worth $17.42 million after selling over 10,000 shares.
• HP's recent earnings report showed a net revenue of $13.93 billion, exceeding analyst estimates, while the company has set a Q4 2025 EPS guidance between $0.870 and $0.970.
• The company announced a quarterly dividend of $0.2894 per share, representing an annualized dividend yield of 3.9%, with the payment date scheduled for October 1st.

Gotham Asset Management LLC reduced its position in HP Inc. (NYSE:HPQ - Free Report) by 1.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 629,251 shares of the computer maker's stock after selling 10,172 shares during the quarter. Gotham Asset Management LLC owned approximately 0.07% of HP worth $17,424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. increased its holdings in HP by 19.2% in the first quarter. Invesco Ltd. now owns 11,340,629 shares of the computer maker's stock valued at $314,022,000 after buying an additional 1,829,411 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in HP by 8.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,289,164 shares of the computer maker's stock valued at $303,105,000 after acquiring an additional 707,742 shares during the period. Deutsche Bank AG boosted its stake in HP by 2.4% in the first quarter. Deutsche Bank AG now owns 8,241,378 shares of the computer maker's stock valued at $228,204,000 after acquiring an additional 189,969 shares during the period. Nuveen LLC acquired a new position in HP in the first quarter valued at approximately $179,037,000. Finally, American Century Companies Inc. boosted its stake in HP by 7.4% in the first quarter. American Century Companies Inc. now owns 5,308,991 shares of the computer maker's stock valued at $147,006,000 after acquiring an additional 367,418 shares during the period. 77.53% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Bank of America decreased their target price on HP from $35.00 to $33.00 and set a "neutral" rating for the company in a research note on Wednesday, May 28th. UBS Group lifted their target price on HP from $26.00 to $29.00 and gave the company a "neutral" rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. lifted their target price on HP from $27.00 to $30.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Wall Street Zen upgraded HP from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Finally, Barclays decreased their target price on HP from $28.00 to $27.00 and set an "equal weight" rating for the company in a research note on Thursday, August 28th. Two equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $29.96.

HP Stock Up 0.1%

HP stock traded up $0.02 during mid-day trading on Monday, hitting $29.36. 8,040,237 shares of the company's stock traded hands, compared to its average volume of 8,956,178. The firm has a 50 day moving average price of $26.30 and a 200 day moving average price of $26.51. The company has a market cap of $27.44 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 2.36 and a beta of 1.29. HP Inc. has a one year low of $21.21 and a one year high of $39.79.

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

HP Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 10th will be given a $0.2894 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Wednesday, September 10th. HP's dividend payout ratio is 42.34%.

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.