What Is the Market Sentiment on HPQ?

HP stock is trading -14.08% below its average target price of $30.15 after dropping -1.2% during today's afternoon session. Analysts are giving the large-cap Computer Hardware company an average rating of hold and target prices ranging from $23.0 to $39.0 per share.

HP's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.0%. The stock's short ratio is 2.12. The company's insiders own 0.2% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 80.2%. In conclusion, we believe there is mixed market sentiment regarding HP.

Institutions Invested in HP

Date Reported Holder Percentage Shares Value
2023-06-30 Berkshire Hathaway, Inc 12% 120,952,818 $3,133,282,833
2023-06-30 Vanguard Group Inc 11% 104,626,327 $2,710,345,072
2023-06-30 Blackrock Inc. 9% 88,052,968 $2,281,012,196
2023-06-30 State Street Corporation 4% 44,433,277 $1,151,044,071
2023-06-30 Dodge & Cox Inc 4% 39,509,098 $1,023,483,210
2023-06-30 Primecap Management Company 2% 20,948,295 $542,665,596
2023-06-30 Geode Capital Management, LLC 2% 19,328,389 $500,701,930
2023-06-30 Dimensional Fund Advisors LP 1% 13,150,599 $340,666,276
2023-06-30 Lsv Asset Management 1% 12,844,710 $332,742,221
2023-06-30 Morgan Stanley 1% 11,981,567 $310,382,501
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.