HP Inc. $HPQ Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP lifted its position in shares of HP Inc. (NYSE:HPQ) by 269.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 259,595 shares of the computer maker’s stock after purchasing an additional 189,283 shares during the period. Quantbot Technologies LP’s holdings in HP were worth $6,350,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in HP in the 1st quarter worth $25,000. Laurel Wealth Advisors LLC lifted its stake in shares of HP by 2,346.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after acquiring an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in HP during the 2nd quarter worth approximately $27,000. Global Trust Asset Management LLC boosted its stake in shares of HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after buying an additional 1,000 shares during the last quarter. Finally, AlphaCore Capital LLC raised its holdings in HP by 143.5% in the second quarter. AlphaCore Capital LLC now owns 1,561 shares of the computer maker’s stock valued at $39,000 after acquiring an additional 920 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the transaction, the insider directly owned 169 shares in the company, valued at approximately $4,711.72. This trade represents a 99.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Enrique Lores sold 34,282 shares of the company’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $26.85, for a total value of $920,471.70. Following the completion of the sale, the chief executive officer owned 3 shares of the company’s stock, valued at approximately $80.55. This trade represents a 99.99% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on HPQ. HSBC set a $30.00 target price on HP and gave the stock a “buy” rating in a report on Tuesday, October 14th. JPMorgan Chase & Co. decreased their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Evercore ISI lowered their target price on shares of HP from $29.00 to $25.00 and set an “in-line” rating for the company in a research note on Wednesday, November 26th. Weiss Ratings reissued a “hold (c)” rating on shares of HP in a report on Wednesday, October 8th. Finally, Citigroup lowered their price objective on shares of HP from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $25.69.

HP Price Performance

HPQ opened at $25.12 on Wednesday. The stock’s 50 day moving average price is $26.13 and its 200 day moving average price is $26.24. The stock has a market cap of $23.48 billion, a P/E ratio of 9.17, a P/E/G ratio of 2.23 and a beta of 1.22. HP Inc. has a 12 month low of $21.21 and a 12 month high of $36.93.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The firm had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. HP’s revenue was up 4.2% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Equities analysts anticipate that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.8%. This is a positive change from HP’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, December 11th. HP’s payout ratio is currently 45.28%.

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.