Susquehanna Fundamental Investments LLC Acquires Shares of 1,447,109 HP Inc. $HPQ

Susquehanna Fundamental Investments LLC bought a new stake in HP Inc. (NYSE:HPQ) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,447,109 shares of the computer maker’s stock, valued at approximately $31,750,000.

Other institutional investors also recently modified their holdings of the company. Callan Family Office LLC bought a new stake in shares of HP during the 2nd quarter valued at approximately $3,029,000. PFA Pension Forsikringsaktieselskab acquired a new stake in HP in the fourth quarter valued at approximately $31,899,000. BlackRock Inc. acquired a new position in shares of HP during the second quarter worth $2,357,757,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of HP by 5.5% in 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 acquiring an additional 103,175 shares during the last quarter. Finally, BNP Paribas grew its position in HP by 8,978.0% during the 4th quarter. BNP Paribas now owns 129,725 shares of the computer maker’s stock worth $2,891,000 after acquiring an additional 128,296 shares during the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

Insider Buying and Selling at HP

In related news, insider David P. Mcquarrie sold 21,048 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $29.98, for a total transaction of $631,019.04. Following the transaction, the insider owned 39,580 shares in the company, valued at $1,186,608.40. The trade was a 34.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 52,620 shares of company stock valued at $1,478,622. Insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

HPQ has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their price target on HP from $22.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of HP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 6th. Barclays boosted their price objective on shares of HP from $19.00 to $23.00 and gave the stock an “underweight” rating in a research note on Friday. The Goldman Sachs Group lifted their target price on HP from $19.00 to $21.00 and gave the stock a “sell” rating in a report on Wednesday, August 12th. Finally, Citigroup upped their price target on HP from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $25.17.

Key Headlines Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP reported fiscal Q3 revenue of $15.68 billion, up 12.5% year over year and above expectations, while adjusted earnings of $0.83 per share exceeded consensus estimates. Personal Systems revenue increased 18%, helping offset weaker PC unit shipments. HPQ’s Q3 Earnings Surpass Expectations, Revenues Rise Year Over Year
• Positive Sentiment: Management raised its fiscal 2026 EPS and free-cash-flow outlook, citing pricing, a richer premium-PC mix and growing demand for AI-enabled PCs. The outlook supports expectations for potential margin recovery into fiscal 2027. HPQ Q3 Earnings Call Puts Focus on Margin Recovery and AI PCs
• Positive Sentiment: Several Wall Street analysts boosted their price forecasts after the earnings beat, improving near-term sentiment. HP’s cash generation, dividend and planned share repurchases also remain supportive for investors. HP Analysts Boost Their Forecasts
• Neutral Sentiment: HP is pursuing a global Wi-Fi patent agreement, which could help clarify licensing rights and support its connected-device strategy, although the immediate financial impact is unclear. Why Is HP Signing a Global Wi-Fi Patent Deal Now?
• Negative Sentiment: Investors remain concerned that rising memory costs, continued PC shipment declines and ongoing margin contraction could limit the durability of HP’s earnings growth. Profit and operating leverage weakened even as revenue rose, creating skepticism after a substantial recent rally. HP Stock Slides as Memory Costs Pressure PC Margins

HP Trading Up 0.1%

Shares of HP stock opened at $30.56 on Monday. The company has a market cap of $27.95 billion, a P/E ratio of 11.66, a PEG ratio of 3.23 and a beta of 1.17. The business has a 50-day moving average price of $26.38 and a two-hundred day moving average price of $22.78. HP Inc. has a 1-year low of $17.56 and a 1-year high of $32.19.

HP (NYSE:HPQ) last announced its earnings results on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, beating the consensus estimate of $0.66 by $0.17. The company had revenue of $15.68 billion for the quarter, compared to analyst estimates of $14.44 billion. HP had a negative return on equity of 947.78% and a net margin of 4.14%.The firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 EPS. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Equities research analysts forecast that HP Inc. will post 3.25 EPS for the current fiscal year.

HP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. HP’s dividend payout ratio (DPR) is 45.80%.

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.