214,337 Shares in HP Inc. $HPQ Purchased by Munich Reinsurance Co Stock Corp in Munich

Munich Reinsurance Co Stock Corp in Munich acquired a new stake in HP Inc. (NYSE:HPQ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 214,337 shares of the computer maker’s stock, valued at approximately $5,836,000.

A number of other large investors also recently bought and sold shares of the stock. Westfuller Advisors LLC purchased a new stake in shares of HP in the 3rd quarter valued at approximately $28,000. Laurel Wealth Advisors LLC boosted its position in shares of HP by 2,346.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after purchasing an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of HP during the 2nd quarter worth approximately $27,000. Caitlin John LLC acquired a new stake in HP in the 3rd quarter valued at approximately $30,000. Finally, Corsicana & Co. purchased a new stake in HP in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Stock Up 0.6%

NYSE:HPQ opened at $19.45 on Friday. HP Inc. has a 52 week low of $17.56 and a 52 week high of $30.61. The company has a fifty day simple moving average of $19.91 and a two-hundred day simple moving average of $24.09. The company has a market cap of $17.79 billion, a price-to-earnings ratio of 7.37, a price-to-earnings-growth ratio of 5.40 and a beta of 1.18.

HP (NYSE:HPQ) last announced its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.04. The business had revenue of $14.44 billion for the quarter, compared to analysts’ expectations of $13.87 billion. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $0.74 earnings per share. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, analysts expect that HP Inc. will post 3.56 EPS for the current year.

HP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a yield of 6.2%. HP’s dividend payout ratio (DPR) is currently 45.45%.

Analyst Upgrades and Downgrades

HPQ has been the topic of a number of research reports. Zacks Research cut HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Argus upgraded HP to a “strong-buy” rating in a report on Tuesday, December 2nd. UBS Group decreased their target price on HP from $26.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. Barclays lowered their target price on HP from $18.00 to $16.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. cut their price target on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, HP has an average rating of “Reduce” and a consensus target price of $21.58.

Insider Activity

In related news, insider Ketan M. Patel sold 33,321 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $23.19, for a total value of $772,713.99. Following the sale, the insider owned 34,572 shares of the company’s stock, valued at $801,724.68. This trade represents a 49.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anneliese Olson sold 16,726 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the transaction, the insider owned 169 shares of the company’s stock, valued at $4,196.27. This trade represents a 99.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.18% of the company’s stock.

About HP

HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.

Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.