HP Inc. $HPQ Shares Sold by United Community Bank

United Community Bank lowered its stake in shares of HP Inc. (NYSE:HPQ) by 87.8% during the third quarter, Holdings Channel reports. The firm owned 8,412 shares of the computer maker’s stock after selling 60,757 shares during the period. United Community Bank’s holdings in HP were worth $229,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Richardson Financial Services Inc. lifted its position in HP by 14.9% in the third quarter. Richardson Financial Services Inc. now owns 2,827 shares of the computer maker’s stock valued at $77,000 after acquiring an additional 367 shares during the last quarter. IHT Wealth Management LLC increased its position in shares of HP by 3.3% during the second quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock worth $305,000 after purchasing an additional 398 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of HP by 42.9% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,349 shares of the computer maker’s stock valued at $37,000 after purchasing an additional 405 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of HP by 6.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 6,799 shares of the computer maker’s stock valued at $173,000 after purchasing an additional 410 shares during the period. Finally, Vident Advisory LLC grew its stake in HP by 0.6% during the 2nd quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock worth $1,702,000 after buying an additional 444 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

Insider Buying and Selling

In other news, CEO Enrique Lores sold 41,922 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at $3,677,856. This represents a 22.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Anneliese Olson sold 16,726 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total transaction of $415,306.58. Following the completion of the sale, the insider owned 169 shares of the company’s stock, valued at $4,196.27. This trade represents a 99.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 91,969 shares of company stock valued at $2,277,993 over the last quarter. Company insiders own 0.38% of the company’s stock.

HP Stock Performance

HPQ stock opened at $19.78 on Tuesday. The stock has a market capitalization of $18.15 billion, a PE ratio of 7.46, a price-to-earnings-growth ratio of 3.61 and a beta of 1.21. The company has a fifty day moving average of $22.49 and a 200-day moving average of $25.21. HP Inc. has a one year low of $18.93 and a one year high of $35.28.

HP (NYSE:HPQ) last posted its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Equities analysts forecast that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be paid a $0.30 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.1%. HP’s payout ratio is 45.28%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HPQ. Argus upgraded HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. reduced their price target on shares of HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. Zacks Research downgraded shares of HP from a “hold” rating to a “strong sell” rating in a research report on Friday, November 28th. The Goldman Sachs Group lowered shares of HP from a “neutral” rating to a “sell” rating and set a $21.00 price objective on the stock. in a research note on Tuesday, January 13th. Finally, Bank of America decreased their target price on shares of HP from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $24.77.

HP Profile

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.