Lombard Odier Asset Management Europe Ltd Takes $4.44 Million Position in HP Inc. $HPQ

Lombard Odier Asset Management Europe Ltd purchased a new stake in HP Inc. (NYSE:HPQ) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 199,377 shares of the computer maker’s stock, valued at approximately $4,442,000.

A number of other large investors also recently made changes to their positions in the stock. IHT Wealth Management LLC lifted its stake in shares of HP by 3.3% in the 2nd quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock valued at $305,000 after purchasing an additional 398 shares during the period. Vident Advisory LLC lifted its stake in shares of HP by 0.6% in the 2nd quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock valued at $1,702,000 after purchasing an additional 444 shares during the period. Personal CFO Solutions LLC lifted its stake in shares of HP by 2.2% in the 3rd quarter. Personal CFO Solutions LLC now owns 21,492 shares of the computer maker’s stock valued at $585,000 after purchasing an additional 459 shares during the period. CIBC Private Wealth Group LLC lifted its stake in shares of HP by 0.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 50,952 shares of the computer maker’s stock valued at $1,387,000 after purchasing an additional 470 shares during the period. Finally, Vise Technologies Inc. lifted its stake in shares of HP by 2.4% in the 3rd quarter. Vise Technologies Inc. now owns 20,531 shares of the computer maker’s stock valued at $559,000 after purchasing an additional 477 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

Analyst Upgrades and Downgrades

HPQ has been the topic of a number of analyst reports. Evercore set a $22.00 price target on HP in a research note on Thursday, February 19th. Morgan Stanley increased their price objective on shares of HP from $17.00 to $19.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. The Goldman Sachs Group boosted their price objective on shares of HP from $16.00 to $19.00 and gave the company a “sell” rating in a research report on Tuesday, June 2nd. UBS Group upped their target price on shares of HP from $20.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Finally, Wall Street Zen raised HP from a “hold” rating to a “buy” rating in a research note on Saturday. Two analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, HP currently has an average rating of “Reduce” and an average price target of $23.33.

HP Price Performance

Shares of NYSE HPQ opened at $24.29 on Wednesday. The stock has a market capitalization of $22.21 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 4.15 and a beta of 1.17. The business has a 50-day moving average of $22.18 and a 200-day moving average of $21.27. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $29.65.

HP (NYSE:HPQ) last announced its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.14. The company had revenue of $14.41 billion during the quarter, compared to analysts’ expectations of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.HP’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.71 EPS. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. On average, sell-side analysts expect that HP Inc. will post 2.98 EPS for the current year.

HP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. HP’s dividend payout ratio (DPR) is presently 44.28%.

Insider Buying and Selling at HP

In other news, insider David P. Mcquarrie sold 10,524 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $24.68, for a total value of $259,732.32. Following the completion of the transaction, the insider owned 92,200 shares in the company, valued at $2,275,496. This trade represents a 10.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.18% of the stock is owned by insiders.

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.