Vanguard Group Inc. Increases Holdings in HP Inc. $HPQ

Vanguard Group Inc. lifted its stake in shares of HP Inc. (NYSE:HPQ) by 2.5% during the third quarter, HoldingsChannel.com reports. The firm owned 129,658,754 shares of the computer maker’s stock after purchasing an additional 3,122,436 shares during the quarter. Vanguard Group Inc. owned approximately 0.14% of HP worth $3,530,608,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC increased its position in shares of HP by 2,346.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after buying an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in HP during the second quarter valued at approximately $27,000. Westfuller Advisors LLC bought a new stake in HP during the 3rd quarter worth approximately $28,000. Cary Street Partners Investment Advisory LLC lifted its stake in HP by 72.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock worth $30,000 after purchasing an additional 512 shares in the last quarter. Finally, Corsicana & Co. bought a new position in HP in the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Transactions at HP

In other HP news, CEO Enrique Lores sold 41,922 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $26.00, for a total value of $1,089,972.00. Following the sale, the chief executive officer owned 141,456 shares of the company’s stock, valued at $3,677,856. This trade represents a 22.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $23.19, for a total transaction of $772,713.99. Following the completion of the transaction, the insider owned 34,572 shares in the company, valued at $801,724.68. The trade was a 49.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 91,969 shares of company stock worth $2,277,993. Insiders own 0.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on HPQ. Evercore decreased their price target on shares of HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a report on Wednesday, November 26th. Barclays restated an “underweight” rating and issued a $18.00 target price (down from $24.00) on shares of HP in a research note on Friday, January 16th. TD Cowen dropped their price target on HP from $28.00 to $26.00 and set a “hold” rating for the company in a research report on Wednesday, November 26th. Wall Street Zen lowered HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. Finally, Argus upgraded shares of HP to a “strong-buy” rating in a research report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $24.15.

HP Stock Down 0.7%

HP stock opened at $18.37 on Thursday. The firm has a fifty day simple moving average of $21.13 and a two-hundred day simple moving average of $24.70. HP Inc. has a twelve month low of $18.25 and a twelve month high of $35.28. The company has a market capitalization of $16.86 billion, a PE ratio of 6.93, a P/E/G ratio of 0.29 and a beta of 1.21.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $14.50 billion. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, equities analysts expect that HP Inc. will post 3.56 earnings per share for the current fiscal year.

HP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Wednesday, March 11th. HP’s dividend payout ratio is 45.28%.

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.