HP Inc. $HPQ Shares Acquired by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its holdings in HP Inc. by 7.2%, owning 365,000 shares valued at approximately $8.93 million as of the end of the last quarter.
• HP's latest quarterly earnings report showed an EPS of $0.75, matching analysts' expectations, with revenues reaching $13.93 billion—a 3.1% increase from the previous year.
• The stock currently has a consensus rating of "Hold", with a price target averaging $29.38 from various analysts.

Mn Services Vermogensbeheer B.V. grew its position in shares of HP Inc. (NYSE:HPQ - Free Report) by 7.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 365,000 shares of the computer maker's stock after acquiring an additional 24,400 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in HP were worth $8,928,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HPQ. WPG Advisers LLC purchased a new position in HP in the first quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of HP during the 1st quarter valued at about $35,000. Iron Horse Wealth Management LLC bought a new position in shares of HP during the 1st quarter valued at $39,000. Financial Freedom LLC lifted its position in HP by 141.4% in the first quarter. Financial Freedom LLC now owns 1,499 shares of the computer maker's stock valued at $42,000 after purchasing an additional 878 shares during the last quarter. Finally, Golden State Wealth Management LLC boosted its holdings 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 worth $42,000 after purchasing an additional 947 shares during the period. Hedge funds and other institutional investors own 77.53% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HPQ shares. Sanford C. Bernstein began coverage on shares of HP in a research note on Monday, September 15th. They set a "market perform" rating and a $30.00 price objective on the stock. KGI Securities initiated coverage on HP in a research report on Thursday, May 29th. They issued a "neutral" rating for the company. JPMorgan Chase & Co. upped their price objective on HP from $27.00 to $30.00 and gave the stock an "overweight" rating in a research note on Thursday, August 28th. TD Cowen cut their price target on HP from $38.00 to $28.00 and set a "hold" rating for the company in a report on Thursday, May 29th. Finally, Barclays dropped their target price on HP from $28.00 to $27.00 and set an "equal weight" rating for the company in a report on Thursday, August 28th. One investment analyst has rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $29.38.

HP Stock Performance

HP stock traded down $0.08 during trading on Friday, hitting $28.16. The company's stock had a trading volume of 12,697,868 shares, compared to its average volume of 9,582,931. HP Inc. has a 1-year low of $21.21 and a 1-year high of $39.79. The stock's fifty day moving average is $26.74 and its 200 day moving average is $26.31. The stock has a market capitalization of $26.32 billion, a price-to-earnings ratio of 10.28, a P/E/G ratio of 2.27 and a beta of 1.29.

HP (NYSE:HPQ - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The computer maker reported $0.75 earnings per share for the quarter, meeting analysts' consensus estimates 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 negative return on equity of 262.03% and a net margin of 4.83%.HP's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 EPS. 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 fiscal year.

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.