Leonteq Securities AG Makes New $1.05 Million Investment in HP Inc. $HPQ

Leonteq Securities AG purchased a new position in HP Inc. (NYSE:HPQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 47,183 shares of the computer maker’s stock, valued at approximately $1,051,000.

Several other hedge funds have also recently added to or reduced their stakes in HPQ. Westfuller Advisors LLC acquired a new position in HP in the 3rd quarter valued at approximately $28,000. Caitlin John LLC acquired a new position in shares of HP in the 3rd quarter worth approximately $30,000. Garner Asset Management Corp bought a new stake in HP during the 4th quarter worth approximately $25,000. Flagship Harbor Advisors LLC bought a new stake in HP during the 4th quarter worth approximately $26,000. Finally, Sound Income Strategies LLC boosted its position in HP by 97.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after buying an additional 646 shares during the last quarter. Institutional investors own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HPQ. Evercore set a $22.00 price target on HP in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of HP in a research report on Monday, May 4th. Barclays reduced their price target on HP from $18.00 to $16.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Citigroup reduced their price objective on HP from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Finally, Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Two equities 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’s stock. Based on data from MarketBeat, HP has a consensus rating of “Reduce” and an average price target of $21.67.

HP Price Performance

HPQ opened at $21.91 on Friday. The firm has a market capitalization of $20.04 billion, a PE ratio of 8.30, a P/E/G ratio of 5.85 and a beta of 1.09. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $29.55. The company’s 50-day moving average is $19.78 and its 200 day moving average is $21.15.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 EPS for the quarter, beating the consensus estimate of $0.77 by $0.04. The firm had revenue of $14.44 billion during the quarter, compared to analyst estimates of $13.87 billion. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $0.74 EPS. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. As a group, analysts expect that HP Inc. will post 2.84 EPS for the current year.

HP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 10th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, June 10th. HP’s payout ratio is currently 45.45%.

HP Company 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.