Inceptionr LLC Acquires 20,447 Shares of HP Inc. $HPQ

Inceptionr LLC raised its position in HP Inc. (NYSE:HPQ) by 43.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,805 shares of the computer maker’s stock after purchasing an additional 20,447 shares during the period. HP accounts for 0.4% of Inceptionr LLC’s investment portfolio, making the stock its 27th biggest position. Inceptionr LLC’s holdings in HP were worth $1,511,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HPQ. Vanguard Group Inc. raised its position in HP by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 132,094,388 shares of the computer maker’s stock worth $2,943,063,000 after purchasing an additional 2,435,634 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of HP by 8.6% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,981,864 shares of the computer maker’s stock valued at $45,063,000 after purchasing an additional 157,464 shares in the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in shares of HP during the 3rd quarter valued at about $22,601,000. PFA Pension Forsikringsaktieselskab bought a new stake in shares of HP during the 4th quarter valued at about $31,899,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of HP by 5.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,977,716 shares of the computer maker’s stock valued at $43,747,000 after purchasing an additional 103,175 shares in the last quarter. 77.53% of the stock is owned by institutional investors.

HP Stock Down 1.0%

HPQ opened at $24.70 on Thursday. The firm has a 50 day moving average price of $21.75 and a 200-day moving average price of $21.25. HP Inc. has a twelve month low of $17.56 and a twelve month high of $29.65. The stock has a market capitalization of $22.59 billion, a price-to-earnings ratio of 9.11, a PEG ratio of 4.21 and a beta of 1.17.

HP (NYSE:HPQ) last announced its earnings results on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The business had revenue of $14.41 billion during the quarter, compared to analysts’ expectations of $13.99 billion. During the same period in the prior year, the company earned $0.71 earnings per share. The firm’s revenue was up 9.0% on a year-over-year basis. 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, analysts expect that HP Inc. will post 2.98 earnings per share for the current year.

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, June 10th. HP’s dividend payout ratio is currently 44.28%.

Wall Street Analyst Weigh In

Several research firms recently commented on HPQ. Barclays boosted their price objective on shares of HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. UBS Group boosted their price objective on shares of HP from $20.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Bank of America boosted their price objective on shares of HP from $16.00 to $18.00 and gave the stock an “underperform” rating in a research note on Thursday, May 28th. TD Cowen boosted their price objective on shares of HP from $20.00 to $26.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Finally, Morgan Stanley upped their target price on shares of HP from $17.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $23.33.

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.