Stephens Inc. AR Sells 89,724 Shares of HP Inc. $HPQ

Key Points

• Stephens Inc. AR sharply cut its HP stake, selling 89,724 shares in the fourth quarter and reducing its position by 90.4%. After the sale, it held 9,547 shares valued at about $223,000.
• HP shares were rallying, with the stock up 15.2% and trading at $25.24. The move came as investors focused on HP’s AI-powered PCs, earnings momentum, and upcoming dividend date.
• HP’s fundamentals and shareholder return remain notable: the company recently beat quarterly EPS and revenue estimates, and it announced a $0.30 quarterly dividend, equal to a 4.8% annualized yield.

Stephens Inc. AR reduced its position in HP Inc. (NYSE:HPQ - Free Report) by 90.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,547 shares of the computer maker's stock after selling 89,724 shares during the quarter. Stephens Inc. AR's holdings in HP were worth $223,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Westfuller Advisors LLC bought a new stake in shares of HP in the 3rd quarter valued at $28,000. Caitlin John LLC acquired a new position in shares of HP during the 3rd quarter valued at $30,000. Garner Asset Management Corp acquired a new position in shares of HP during the 4th quarter valued at $25,000. Flagship Harbor Advisors LLC acquired a new position in shares of HP during the 4th quarter valued at $26,000. Finally, Sound Income Strategies LLC lifted its position in shares of HP by 97.0% during the 4th quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker's stock valued at $27,000 after acquiring an additional 646 shares during the period. 77.53% of the stock is owned by institutional investors.

HP Trading Up 15.2%

HPQ opened at $25.24 on Friday. The company's fifty day moving average price is $19.92 and its two-hundred day moving average price is $21.18. HP Inc. has a 1-year low of $17.56 and a 1-year high of $29.55. The company has a market cap of $23.08 billion, a price-to-earnings ratio of 9.56, a PEG ratio of 7.01 and a beta of 1.09.

HP (NYSE:HPQ - Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.04. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The firm had revenue of $14.44 billion for the quarter, compared to the consensus estimate of $13.87 billion. During the same quarter in the prior year, the company posted $0.74 earnings per share. The business's revenue was up 6.9% on a year-over-year basis. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. As a group, equities analysts forecast that HP Inc. will post 2.85 earnings per share for the current fiscal year.

HP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, June 10th. This represents a $1.20 annualized dividend and a yield of 4.8%. HP's dividend payout ratio is presently 45.45%.

Analyst Ratings Changes

HPQ has been the topic of a number of research reports. Bank of America reiterated an "underperform" rating and set a $20.00 target price (down from $26.00) on shares of HP in a research report on Tuesday, February 3rd. Zacks Research upgraded shares of HP from a "strong sell" rating to a "hold" rating in a research report on Monday, April 6th. Morgan Stanley boosted their target price on shares of HP from $16.00 to $17.00 and gave the company an "underweight" rating in a research report on Thursday. Weiss Ratings reiterated a "hold (c-)" rating on shares of HP in a research report on Monday, May 4th. Finally, UBS Group dropped their target price on shares of HP from $26.00 to $20.00 and set a "neutral" rating on the stock in a research report on Thursday, February 19th. Two research 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 MarketBeat.com, HP currently has a consensus rating of "Reduce" and an average target price of $21.67.

Trending Headlines about HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: Investors are betting that HP’s AI-powered PCs will drive stronger demand and improve results in the upcoming earnings report. Why Are HP (HPQ) Shares Soaring Today
• Positive Sentiment: HPQ has benefited from buying ahead of earnings and the next dividend qualification date, adding to momentum in the shares. HP Inc. (HPQ) Earnings, Dividends Loom, Shares Soar 15%
• Positive Sentiment: Strong results from Lenovo and renewed AI enthusiasm across the PC sector have reinforced optimism for HP and other hardware makers. Dell, HP surge after strong results from Lenovo amid AI enthusiasm
• Neutral Sentiment: Analysts are watching HPQ’s Q2 earnings closely, with AI PC demand and gaming products expected to support revenue, but the actual results have not yet been reported. HPQ to Report Q2 Earnings: What's in the Cards for the Stock?

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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