MUFG Securities EMEA plc Acquires 20,341 Shares of HP Inc. $HPQ

MUFG Securities EMEA plc increased its holdings in HP Inc. (NYSE:HPQ) by 113.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,319 shares of the computer maker’s stock after purchasing an additional 20,341 shares during the period. MUFG Securities EMEA plc’s holdings in HP were worth $854,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HPQ. Garner Asset Management Corp bought a new stake in HP in the fourth quarter worth $25,000. Flagship Harbor Advisors LLC bought a new stake in HP in the fourth quarter worth $26,000. Sound Income Strategies LLC boosted its holdings in HP by 97.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock worth $27,000 after purchasing an additional 646 shares in the last quarter. Caitlin John LLC bought a new stake in HP in the third quarter worth $30,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in HP in the fourth quarter worth $32,000. 77.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on HPQ shares. Barclays upped their price objective on shares of HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Evercore set a $22.00 price objective on shares of HP in a report on Thursday, February 19th. UBS Group upped their price objective on shares of HP from $20.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. TD Cowen upped their price objective on shares of HP from $20.00 to $26.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Finally, Bank of America boosted their target price on shares of HP from $16.00 to $18.00 and gave the stock an “underperform” rating in a research report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, HP has an average rating of “Reduce” and a consensus price target of $23.33.

HP Price Performance

HP stock opened at $26.05 on Thursday. The firm has a market cap of $23.82 billion, a price-to-earnings ratio of 9.61, a P/E/G ratio of 4.60 and a beta of 1.17. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $29.65. The firm has a fifty day moving average price of $21.14 and a two-hundred day moving average price of $21.17.

HP (NYSE:HPQ) last released its earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. The firm had revenue of $14.41 billion during the quarter, compared to analyst estimates of $13.99 billion. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The business’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. As a group, sell-side analysts expect that HP Inc. will post 2.98 earnings per share for the current year.

HP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 10th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.6%. HP’s dividend payout ratio is currently 44.28%.

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.