HP
About: HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
Employees: 58,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
21% more call options, than puts
Call options by funds: $425M | Put options by funds: $350M
18% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 106
0.24% more ownership
Funds ownership: 80.05% [Q3] → 80.29% (+0.24%) [Q4]
1% less funds holding
Funds holding: 1,143 [Q3] → 1,133 (-10) [Q4]
6% less repeat investments, than reductions
Existing positions increased: 393 | Existing positions reduced: 417
11% less capital invested
Capital invested by funds: $27.7B [Q3] → $24.6B (-$3.09B) [Q4]
22% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 7 (-2) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Aaron Rakers 68% 1-year accuracy 23 / 34 met price target | 1%upside $35 | Underweight Maintained | 20 Feb 2025 |
Bernstein Toni Sacconaghi 40% 1-year accuracy 4 / 10 met price target | 2%downside $34 | Market Perform Maintained | 3 Jan 2025 |
HSBC Stephen Bersey 67% 1-year accuracy 8 / 12 met price target | 10%upside $38 | Hold Downgraded | 29 Nov 2024 |
TD Cowen Krish Sankar 50% 1-year accuracy 13 / 26 met price target | 13%upside $39 | Hold Maintained | 27 Nov 2024 |
Citigroup Asiya Merchant 59% 1-year accuracy 19 / 32 met price target | 5%upside $37 | Neutral Maintained | 27 Nov 2024 |
Financial journalist opinion
Based on 28 articles about HPQ published over the past 30 days
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