Voya Investment Management LLC Grows Stake in HP Inc. $HPQ

Key Points

• Voya Investment Management LLC increased its holdings in HP Inc. by 19.4%, owning 424,783 shares valued at approximately $11.76 million as of its latest filing.
• HP Inc. saw mixed analyst ratings, with a consensus rating of "Hold" and an average price target of $29.38, while recent reports from Dbs Bank and TD Cowen adjusted their ratings downward.
• For its latest quarter, HP reported $13.93 billion in revenue, which was above expectations, and $0.75 EPS that met the consensus estimate, with Q4 2025 guidance set between 0.870-0.970 EPS.

Voya Investment Management LLC boosted its stake in HP Inc. (NYSE:HPQ - Free Report) by 19.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 424,783 shares of the computer maker's stock after buying an additional 69,117 shares during the quarter. Voya Investment Management LLC's holdings in HP were worth $11,762,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. WPG Advisers LLC acquired a new position in HP in the first quarter worth $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in HP in the first quarter valued at about $35,000. Iron Horse Wealth Management LLC bought a new stake in HP in the first quarter valued at about $39,000. Financial Freedom LLC increased its holdings 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 grew its stake in HP by 165.3% in the first quarter. Golden State Wealth Management LLC now owns 1,520 shares of the computer maker's stock valued at $42,000 after acquiring an additional 947 shares during the period. Institutional investors and hedge funds own 77.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HPQ. JPMorgan Chase & Co. boosted 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. Citigroup reduced their price target on HP from $29.00 to $27.50 and set a "neutral" rating for the company in a research report on Thursday, May 29th. KGI Securities assumed coverage on HP in a research note on Thursday, May 29th. They issued a "neutral" rating on the stock. Zacks Research upgraded HP from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 19th. Finally, Morgan Stanley lowered their target price on HP from $29.00 to $26.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 29th. 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.com, the company has an average rating of "Hold" and an average price target of $29.38.

HP Trading Down 0.3%

NYSE:HPQ traded down $0.08 during trading hours on Friday, hitting $28.16. 12,697,868 shares of the company were exchanged, compared to its average volume of 9,582,931. The stock has a market capitalization of $26.32 billion, a price-to-earnings ratio of 10.28, a price-to-earnings-growth ratio of 2.27 and a beta of 1.29. HP Inc. has a one year low of $21.21 and a one year high of $39.79. The company has a fifty day simple moving average of $26.74 and a 200 day simple moving average of $26.33.

HP (NYSE:HPQ - Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The business had revenue of $13.93 billion during the quarter, compared to analyst estimates of $13.69 billion. During the same period last year, the company earned $0.83 EPS. 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. Equities research analysts predict that HP Inc. will post 3.56 earnings per share 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.