Czech National Bank Grows Stake in HP Inc. $HPQ

Czech National Bank lifted its stake in shares of HP Inc. (NYSE:HPQ) by 7.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 230,430 shares of the computer maker’s stock after purchasing an additional 15,033 shares during the period. Czech National Bank’s holdings in HP were worth $5,636,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. MassMutual Private Wealth & Trust FSB increased its stake in shares of HP by 33.9% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 8,717 shares of the computer maker’s stock worth $213,000 after purchasing an additional 2,207 shares in the last quarter. Range Financial Group LLC increased its stake in shares of HP by 5.9% during the second quarter. Range Financial Group LLC now owns 36,198 shares of the computer maker’s stock worth $885,000 after purchasing an additional 2,008 shares in the last quarter. Adams Asset Advisors LLC increased its stake in shares of HP by 3.7% during the second quarter. Adams Asset Advisors LLC now owns 237,799 shares of the computer maker’s stock worth $5,817,000 after purchasing an additional 8,415 shares in the last quarter. Fiduciary Financial Group LLC boosted its position in HP by 3.2% during the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock worth $324,000 after acquiring an additional 390 shares during the last quarter. Finally, Central Pacific Bank Trust Division boosted its position in HP by 14.3% during the second quarter. Central Pacific Bank Trust Division now owns 22,942 shares of the computer maker’s stock worth $561,000 after acquiring an additional 2,876 shares during the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

HP Stock Up 1.2%

Shares of HPQ stock opened at $28.24 on Friday. HP Inc. has a 52 week low of $21.21 and a 52 week high of $39.79. The stock has a market capitalization of $26.39 billion, a PE ratio of 10.30, a P/E/G ratio of 2.25 and a beta of 1.29. The firm has a 50 day moving average of $26.69 and a two-hundred day moving average of $26.34.

HP (NYSE:HPQ) last issued its quarterly earnings results on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The company had revenue of $13.93 billion during the quarter, compared to analysts’ expectations of $13.69 billion. During the same quarter last year, the company posted $0.83 EPS. The firm’s revenue was up 3.1% compared to the same quarter last year. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Analysts expect that HP Inc. will post 3.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

HPQ has been the topic of a number of recent research reports. Bank of America lowered their price target on shares of HP from $35.00 to $33.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 28th. JPMorgan Chase & Co. boosted their price target on shares of HP from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Thursday, August 28th. Wells Fargo & Company lowered their price target on shares of HP from $35.00 to $25.00 and set an “underweight” rating on the stock in a research report on Thursday, May 29th. Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Evercore ISI restated an “in-line” rating and set a $29.00 price target on shares of HP in a research report on Wednesday, September 10th. One research analyst has rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $29.38.

About HP

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.