HP Inc. $HPQ Shares Purchased by VestGen Advisors LLC

VestGen Advisors LLC increased its position in HP Inc. (NYSE:HPQ) by 561.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,322 shares of the computer maker’s stock after purchasing an additional 52,047 shares during the period. VestGen Advisors LLC’s holdings in HP were worth $1,918,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. North Point Portfolio Managers Corp OH purchased a new position in shares of HP during the third quarter valued at approximately $28,000. Aberdeen Wealth Management LLC purchased a new position in shares of HP in the 2nd quarter worth approximately $29,000. MCF Advisors LLC increased its position in HP by 149.0% during the second quarter. MCF Advisors LLC now owns 1,337 shares of the computer maker’s stock valued at $29,000 after acquiring an additional 800 shares during the last quarter. West Paces Advisors Inc. purchased a new stake in HP in the 2nd quarter worth about $34,000. Finally, Compass Financial Management LLC purchased a new position in HP during the 2nd quarter valued at $38,000. Institutional investors own 77.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on HPQ shares. Evercore set a $32.00 price objective on HP in a report on Monday, August 24th. UBS Group raised their price objective on HP from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. Morgan Stanley dropped their target price on shares of HP from $19.00 to $17.00 and set an “underweight” rating on the stock in a research report on Monday, August 24th. Barclays raised their price objective on HP from $19.00 to $23.00 and gave the stock an “underweight” rating in a research note on Friday, August 28th. Finally, Weiss Ratings upgraded HP from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $25.42.

Key HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP’s lower valuation relative to Apple, along with continued adoption of AI-enabled PCs and demand for premium commercial devices, supports the stock’s long-term investment case. HPQ vs. AAPL: Which Computer Stock Offers Better Investment Potential?
• Positive Sentiment: HP previously exceeded quarterly expectations, reporting $0.83 in adjusted earnings per share versus a $0.66 consensus estimate and $15.68 billion in revenue, up 12.5% year over year. This provides some fundamental support, although investors are focused more heavily on forward PC demand. HP Inc. earnings preview: What to expect
• Neutral Sentiment: Insider Anneliese Olson sold approximately $618,542 of HP stock to cover tax withholding tied to vested equity awards. Because the sale was described as tax-related rather than discretionary, it is a limited signal about management’s outlook. Insider Selling: HP Insider Sells $618,542.32 in Stock
• Negative Sentiment: Intel’s warning that memory shortages are constraining PC demand triggered selling across computer and server makers, including HP. Investors fear tighter component availability, weaker PC shipments and margin pressure could weigh on HP’s upcoming results. Dell Sinks as Intel’s Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak guidance and margin concerns reinforced fears of a broader PC-market downturn, increasing pressure on HP’s consumer-computing business and near-term earnings outlook. Silicon Shock: Intel’s 25% Valuation Reset
• Negative Sentiment: Zacks Research downgraded HP from “strong buy” to “hold,” adding to the cautious tone surrounding the stock. Broader analyst sentiment remains restrained, with concerns about slowing PC demand despite HP’s inexpensive valuation. Zacks Research stock recommendations

Insider Activity at HP

In other news, insider David McQuarrie sold 31,572 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $32.12, for a total value of $1,014,092.64. Following the completion of the sale, the insider directly owned 8,008 shares in the company, valued at $257,216.96. The trade was a 79.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Anneliese Olson sold 18,997 shares of the business’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $32.56, for a total transaction of $618,542.32. Following the completion of the sale, the insider directly owned 169 shares of the company’s stock, valued at approximately $5,502.64. The trade was a 99.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 82,141 shares of company stock worth $2,557,063. 0.18% of the stock is owned by corporate insiders.

HP Stock Performance

NYSE HPQ opened at $28.82 on Friday. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $36.22. The firm has a market capitalization of $25.99 billion, a P/E ratio of 11.00, a PEG ratio of 1.65 and a beta of 1.17. The stock has a 50-day simple moving average of $31.73 and a two-hundred day simple moving average of $24.54.

HP (NYSE:HPQ) last released its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, topping the consensus estimate of $0.66 by $0.17. HP had a negative return on equity of 947.78% and a net margin of 4.14%. The business had revenue of $15.68 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. The business’s quarterly revenue was up 12.5% compared to the same quarter last year. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. As a group, analysts forecast that HP Inc. will post 3.23 earnings per share for the current year.

About HP

HP Inc (NYSE: HPQ) is a global technology company that develops personal computing and printing products, services, and solutions. Its portfolio includes laptops, desktop computers, workstations, monitors, peripherals, printers, digital printing systems, and related supplies such as ink and toner.

The company serves consumers, small and medium-sized businesses, large enterprises, and public-sector organizations through direct sales, online channels, retailers, distributors, and other business partners.