830,000 Shares in HP Inc. $HPQ Purchased by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC purchased a new stake in shares of HP Inc. (NYSE:HPQ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 830,000 shares of the computer maker’s stock, valued at approximately $22,601,000.

A number of other large investors have also added to or reduced their stakes in the stock. Ausdal Financial Partners Inc. purchased a new position in HP in the third quarter valued at about $255,000. California Public Employees Retirement System increased its stake in shares of HP by 50.3% during the 3rd quarter. California Public Employees Retirement System now owns 2,491,204 shares of the computer maker’s stock worth $67,835,000 after purchasing an additional 833,613 shares during the last quarter. BNP Paribas increased its stake in shares of HP by 89.5% during the 3rd quarter. BNP Paribas now owns 1,429 shares of the computer maker’s stock worth $39,000 after purchasing an additional 675 shares during the last quarter. Boothbay Fund Management LLC raised its holdings in shares of HP by 121.2% in the 3rd quarter. Boothbay Fund Management LLC now owns 29,971 shares of the computer maker’s stock worth $816,000 after purchasing an additional 16,422 shares during the period. Finally, Aquatic Capital Management LLC purchased a new position in HP in the third quarter valued at approximately $6,883,000. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Buying and Selling

In other HP news, insider Ketan M. Patel sold 33,321 shares of the firm’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the transaction, the insider owned 34,572 shares in the company, valued at $801,724.68. This trade represents a 49.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.18% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

HPQ has been the subject of several research reports. Bank of America reissued an “underperform” rating and set a $20.00 price objective (down from $26.00) on shares of HP in a report on Tuesday, February 3rd. UBS Group dropped their price target on HP from $26.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. JPMorgan Chase & Co. cut their price target on HP from $30.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Citigroup decreased their price objective on HP from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Finally, Wells Fargo & Company lowered their price objective on HP from $25.00 to $18.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $21.58.

HP Trading Down 0.1%

HP stock opened at $18.94 on Friday. The firm has a 50 day simple moving average of $19.54 and a 200 day simple moving average of $23.80. HP Inc. has a 1-year low of $17.56 and a 1-year high of $29.55. The firm has a market capitalization of $17.32 billion, a price-to-earnings ratio of 7.17, a P/E/G ratio of 5.26 and a beta of 1.18.

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

HP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be issued a dividend of $0.30 per share. 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 6.3%. HP’s dividend payout ratio is 45.45%.

HP Company Profile

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.