HP Inc. $HPQ Shares Acquired by Maj Invest Holding A S

Maj Invest Holding A S raised its stake in HP Inc. (NYSE:HPQ) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,754,138 shares of the computer maker’s stock after buying an additional 210,762 shares during the quarter. HP accounts for about 5.4% of Maj Invest Holding A S’s holdings, making the stock its 8th biggest position. Maj Invest Holding A S owned approximately 0.62% of HP worth $156,686,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Westfuller Advisors LLC acquired a new position in shares of HP in the third quarter worth $28,000. Laurel Wealth Advisors LLC grew its stake in HP by 2,346.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after purchasing an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in HP in the 2nd quarter worth about $27,000. Corsicana & Co. purchased a new stake in shares of HP during the 3rd quarter worth about $33,000. Finally, Global Trust Asset Management LLC raised its stake in shares of HP by 492.6% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

Insider Activity

In other news, insider Anneliese Olson sold 16,726 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total transaction of $415,306.58. Following the completion of the transaction, the insider owned 169 shares of the company’s stock, valued at approximately $4,196.27. This represents a 99.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ketan M. Patel sold 33,321 shares of HP stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $23.19, for a total value of $772,713.99. Following the sale, the insider directly owned 34,572 shares in the company, valued at approximately $801,724.68. This trade represents a 49.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 110,123 shares of company stock valued at $2,784,126. 0.38% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. dropped their price objective on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. The Goldman Sachs Group lowered shares of HP from a “neutral” rating to a “sell” rating and set a $21.00 price target on the stock. in a research note on Tuesday, January 13th. Zacks Research downgraded shares of HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Barclays reiterated an “underweight” rating and issued a $18.00 price objective (down from $24.00) on shares of HP in a report on Friday, January 16th. Finally, Bank of America cut their target price on HP from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $24.77.

HP Price Performance

HPQ stock opened at $19.46 on Tuesday. HP Inc. has a 52-week low of $19.20 and a 52-week high of $35.28. The company has a 50-day moving average of $22.88 and a two-hundred day moving average of $25.40. The stock has a market capitalization of $17.86 billion, a price-to-earnings ratio of 7.34, a price-to-earnings-growth ratio of 3.65 and a beta of 1.21.

HP (NYSE:HPQ) last posted its quarterly earnings data 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 negative return on equity of 330.68% and a net margin of 4.57%.The business had revenue of $14.64 billion for the quarter, compared to analyst estimates of $14.50 billion. During the same period in the previous year, the company posted $0.93 earnings per share. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Equities analysts expect that HP Inc. will post 3.56 EPS for the current fiscal year.

HP Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th were given a $0.30 dividend. This is a positive change from HP’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Thursday, December 11th. HP’s dividend payout ratio (DPR) is currently 45.28%.

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.