GSA Capital Partners LLP Invests $1.73 Million in HP Inc. $HPQ

GSA Capital Partners LLP bought a new stake in HP Inc. (NYSE:HPQ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 63,436 shares of the computer maker’s stock, valued at approximately $1,727,000.

A number of other institutional investors have also added to or reduced their stakes in HPQ. Westfuller Advisors LLC bought a new stake in shares of HP in the 3rd quarter worth approximately $28,000. Laurel Wealth Advisors LLC increased its position in shares of HP by 2,346.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after purchasing an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in shares of HP in the second quarter valued at $27,000. Corsicana & Co. bought a new position in HP in the third quarter worth $33,000. Finally, Cary Street Partners Investment Advisory LLC boosted its stake in HP by 72.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock worth $30,000 after buying an additional 512 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other HP news, insider Ketan M. Patel sold 33,321 shares of the firm’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $23.19, for a total transaction of $772,713.99. Following the transaction, the insider owned 34,572 shares in the company, valued at approximately $801,724.68. This trade 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, insider Anneliese Olson sold 16,726 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total value of $415,306.58. Following the transaction, the insider owned 169 shares of the company’s stock, valued at $4,196.27. The trade was a 99.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 91,969 shares of company stock valued at $2,277,993 in the last 90 days. 0.38% of the stock is owned by company insiders.

HP Stock Down 3.9%

HP stock opened at $18.50 on Wednesday. The business’s 50-day simple moving average is $21.27 and its 200 day simple moving average is $24.75. The stock has a market cap of $16.98 billion, a price-to-earnings ratio of 6.98, a P/E/G ratio of 0.30 and a beta of 1.21. HP Inc. has a 12-month low of $18.26 and a 12-month high of $35.28.

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

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.5%. HP’s payout ratio is presently 45.28%.

Wall Street Analysts Forecast Growth

HPQ has been the topic of several recent research reports. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. Evercore lowered their price objective on HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research note on Wednesday, November 26th. JPMorgan Chase & Co. cut their target price on HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. Bank of America reaffirmed an “underperform” rating and issued a $20.00 price target (down previously from $26.00) on shares of HP in a research note on Tuesday, February 3rd. Finally, UBS Group set a $24.00 price objective on HP in a research note on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, HP currently has a consensus rating of “Reduce” and a consensus target price of $24.15.

About HP

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.