J. Safra Sarasin Holding AG Has $1.24 Million Stock Position in HP Inc. $HPQ

J. Safra Sarasin Holding AG lifted its holdings in HP Inc. (NYSE:HPQ) by 299.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,543 shares of the computer maker’s stock after purchasing an additional 34,148 shares during the period. J. Safra Sarasin Holding AG’s holdings in HP were worth $1,240,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC boosted its stake in HP by 2,346.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after buying an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of HP during the second quarter valued at approximately $27,000. Westfuller Advisors LLC bought a new position in HP in the third quarter valued at about $28,000. Cary Street Partners Investment Advisory LLC boosted its stake in HP by 72.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock valued at $30,000 after acquiring an additional 512 shares during the last quarter. Finally, Corsicana & Co. acquired a new position in HP in the third quarter valued at about $33,000. 77.53% of the stock is currently owned by institutional investors.

HP Price Performance

Shares of NYSE HPQ opened at $19.05 on Thursday. The stock has a market capitalization of $17.48 billion, a PE ratio of 7.19, a P/E/G ratio of 3.64 and a beta of 1.21. The business has a fifty day moving average price of $22.74 and a two-hundred day moving average price of $25.32. HP Inc. has a fifty-two week low of $19.01 and a fifty-two week high of $35.28.

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

HP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders 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 annualized dividend and a dividend yield of 6.3%. HP’s dividend payout ratio (DPR) is presently 45.28%.

Insider Buying and Selling at HP

In other news, insider Ketan M. Patel sold 33,321 shares of the company’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $23.19, for a total transaction of $772,713.99. Following the completion of the transaction, the insider directly owned 34,572 shares in the company, valued at approximately $801,724.68. This represents a 49.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the sale, the chief executive officer owned 141,456 shares in the company, valued at $3,677,856. This represents a 22.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 91,969 shares of company stock worth $2,277,993 over the last 90 days. Insiders own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

HPQ has been the topic of a number of research analyst reports. HSBC set a $30.00 price target on HP and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Evercore ISI lowered their target price on HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research report on Wednesday, November 26th. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. Bank of America reduced their price target on HP from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Finally, Morgan Stanley reduced their price objective on shares of HP from $21.00 to $20.00 and set an “underweight” rating for the company in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $24.77.

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.