HP (NYSE:HPQ) Releases Quarterly Earnings Results, Meets Expectations

HP (NYSE:HPQ) released its quarterly earnings results on Thursday. The computer maker reported $0.74 EPS for the quarter, hitting the consensus estimate of $0.74, Zacks reports. The firm had revenue of $13.50 billion for the quarter, compared to analyst estimates of $13.35 billion. HP had a negative return on equity of 253.39% and a net margin of 5.18%. HP updated its Q2 2025 guidance to 0.750-0.850 EPS and its FY 2025 guidance to 3.450-3.750 EPS.

HP Trading Down 2.0 %

Shares of NYSE HPQ opened at $33.15 on Friday. The company has a market capitalization of $31.08 billion, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of 2.96 and a beta of 1.05. HP has a twelve month low of $27.42 and a twelve month high of $39.79. The business has a 50 day simple moving average of $33.15 and a 200-day simple moving average of $34.86.

HP Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be issued a dividend of $0.2894 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Wednesday, March 12th. HP’s dividend payout ratio is presently 40.93%.

Insider Buying and Selling

In related news, insider Alex Cho sold 40,287 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $34.80, for a total transaction of $1,401,987.60. Following the completion of the sale, the insider now owns 64,676 shares of the company’s stock, valued at $2,250,724.80. This represents a 38.38 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Enrique Lores sold 137,094 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $36.45, for a total value of $4,997,076.30. Following the transaction, the chief executive officer now directly owns 89,272 shares of the company’s stock, valued at $3,253,964.40. This trade represents a 60.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 262,737 shares of company stock worth $9,316,641 over the last ninety days. 0.41% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

HPQ has been the topic of a number of recent research reports. Barclays boosted their target price on shares of HP from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. cut their price objective on shares of HP from $42.00 to $41.00 and set an “overweight” rating on the stock in a report on Wednesday, November 20th. Morgan Stanley lowered their target price on HP from $36.00 to $35.00 and set an “equal weight” rating for the company in a research note on Friday. HSBC cut HP from a “buy” rating to a “hold” rating and cut their price target for the stock from $39.00 to $38.00 in a research note on Friday, November 29th. Finally, Hsbc Global Res lowered HP from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 29th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, HP presently has an average rating of “Hold” and a consensus target price of $36.50.

HP Company Profile

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.