HP Inc. $HPQ Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd increased its position in shares of HP Inc. (NYSE:HPQ) by 498.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,219 shares of the computer maker’s stock after acquiring an additional 170,104 shares during the period. Y Intercept Hong Kong Ltd’s holdings in HP were worth $5,561,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in HP by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 126,536,318 shares of the computer maker’s stock worth $3,095,078,000 after buying an additional 2,395,056 shares during the period. Dodge & Cox increased its holdings in HP by 4.6% in the second quarter. Dodge & Cox now owns 34,943,498 shares of the computer maker’s stock valued at $854,718,000 after buying an additional 1,537,945 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of HP by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 26,187,203 shares of the computer maker’s stock valued at $638,720,000 after acquiring an additional 424,544 shares during the last quarter. Invesco Ltd. boosted its holdings in HP by 15.9% in the second quarter. Invesco Ltd. now owns 13,146,875 shares of the computer maker’s stock valued at $321,573,000 after purchasing an additional 1,806,246 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of HP by 0.6% during the second quarter. Legal & General Group Plc now owns 8,066,521 shares of the computer maker’s stock worth $197,307,000 after purchasing an additional 46,778 shares during the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at HP

In other news, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $23.19, for a total transaction of $772,713.99. Following the transaction, the insider directly owned 34,572 shares of the company’s stock, valued at approximately $801,724.68. The trade was a 49.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Enrique Lores sold 41,922 shares of the firm’s stock in a transaction dated 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 represents a 22.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 110,123 shares of company stock worth $2,784,126 in the last three months. Company insiders own 0.38% of the company’s stock.

HP Stock Performance

HP stock opened at $19.42 on Friday. The company has a market capitalization of $17.82 billion, a price-to-earnings ratio of 7.33, a PEG ratio of 3.65 and a beta of 1.21. HP Inc. has a fifty-two week low of $19.20 and a fifty-two week high of $35.28. The stock has a fifty day moving average of $22.95 and a two-hundred day moving average of $25.45.

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

HP Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.2%. This is an increase from HP’s previous quarterly dividend of $0.29. HP’s dividend payout ratio is currently 45.28%.

Analysts Set New Price Targets

A number of brokerages have weighed in on HPQ. Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research note on Thursday. Sanford C. Bernstein restated a “market perform” rating on shares of HP in a research note on Monday, December 1st. Bank of America cut their price target on HP from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, November 21st. TD Cowen lowered their target price on shares of HP from $28.00 to $26.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. Finally, The Goldman Sachs Group cut HP from a “neutral” rating to a “sell” rating and set a $21.00 price target for the company. in a report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $24.77.

HP 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.