HPQ Shares Dip 1.2% Despite 73.7% Volume Spike to $310M Ranking 464th in Market Activity

HP Inc. (HPQ) closed 1.20% lower on July 31, 2025, despite a 73.71% surge in trading volume to $310 million, ranking 464th in market activity. Analyst activity remained active, with Bank of America Securities reaffirming a "Hold" rating and Barclays maintaining an "Equal Weight" recommendation. Institutional investors, including Foster & Motley Inc., increased stakes by 7.3%, now holding 247,388 shares valued at $6.85 million, while 77.53% of shares remain under institutional ownership.

Recent developments highlighted production shifts amid trade tensions, with reports indicating accelerated manufacturing relocations out of China. The company announced a quarterly dividend of $0.2894 per share, yielding 4.51% annually, but Q2 earnings missed estimates by $0.09 per share despite a 3.3% revenue increase to $13.22 billion. Analysts noted mixed sentiment, with KGI Securities issuing a "Neutral" rating while Wells Fargo cut its price target to $25.00.

Short interest in HPQ decreased by 11.76% recently, reflecting improved investor confidence. The stock’s 9.97 P/E ratio remains below both market and sector averages, though its PEG ratio of 2.01 suggests potential overvaluation. Institutional buying momentum persisted, with Golden State Wealth Management and Iron Horse Wealth Management significantly increasing holdings in the first quarter.

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