Two Sigma Securities LLC Has $1.91 Million Holdings in HP Inc. $HPQ

Two Sigma Securities LLC increased its holdings in shares of HP Inc. (NYSE:HPQ) by 341.9% during the second quarter, Holdings Channel reports. The fund owned 86,996 shares of the computer maker’s stock after purchasing an additional 67,309 shares during the period. Two Sigma Securities LLC’s holdings in HP were worth $1,909,000 at the end of the most recent reporting period.

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

HP News Roundup

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

Insiders Place Their Bets

In other HP news, insider David P. Mcquarrie sold 21,048 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was 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 approximately $1,186,608.40. This trade represents a 34.72% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,620 shares of company stock valued at $1,478,622 over the last quarter. Corporate insiders own 0.18% of the company’s stock.

HP Price Performance

Shares of NYSE:HPQ opened at $30.56 on Monday. The company has a 50 day moving average of $26.38 and a 200-day moving average of $22.78. HP Inc. has a one year low of $17.56 and a one year high of $32.19. The stock has a market cap of $27.95 billion, a price-to-earnings ratio of 11.66, a P/E/G ratio of 3.23 and a beta of 1.17.

HP (NYSE:HPQ) last announced its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.17. HP had a net margin of 4.14% and a negative return on equity of 947.78%. The firm had revenue of $15.68 billion for the quarter, compared to analysts’ expectations of $14.44 billion. During the same period last year, the firm earned $0.75 earnings per share. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. 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 anticipate that HP Inc. will post 3.25 earnings per share for the current year.

HP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Wednesday, September 9th. HP’s dividend payout ratio is currently 45.80%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HPQ shares. Wall Street Zen upgraded shares of HP from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. UBS Group boosted their price objective on shares of HP from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday. Wells Fargo & Company upped their price objective on HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $32.00 price objective on shares of HP in a research report on Thursday. Finally, Evercore set a $32.00 target price on HP in a research note on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $25.17.

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.