National Pension Service Acquires 388,328 Shares of HP Inc. $HPQ

National Pension Service increased its holdings in HP Inc. (NYSE:HPQ) by 16.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,708,832 shares of the computer maker’s stock after purchasing an additional 388,328 shares during the quarter. National Pension Service’s holdings in HP were worth $60,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of HPQ. DNB Asset Management AS lifted its holdings in HP by 242.2% in the fourth quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock worth $236,048,000 after buying an additional 7,498,202 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in HP by 186.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock worth $228,153,000 after buying an additional 5,449,691 shares during the period. AQR Capital Management LLC lifted its holdings in HP by 143.4% in the third quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after buying an additional 5,325,260 shares during the period. Vanguard Group Inc. lifted its holdings in HP by 2.5% in the third quarter. Vanguard Group Inc. now owns 129,658,754 shares of the computer maker’s stock worth $3,530,608,000 after buying an additional 3,122,436 shares during the period. Finally, State Street Corp lifted its holdings in HP by 5.3% in the third quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock worth $1,450,245,000 after buying an additional 2,651,623 shares during the period. 77.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on HPQ shares. The Goldman Sachs Group lowered their price objective on shares of HP from $21.00 to $16.00 and set a “sell” rating for the company in a report on Wednesday, February 25th. Citigroup raised their price objective on shares of HP from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday. JPMorgan Chase & Co. upped their price objective on shares of HP from $22.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday. Evercore set a $22.00 price objective on shares of HP in a report on Thursday, February 19th. Finally, Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, HP has a consensus rating of “Reduce” and an average target price of $23.08.

HP Stock Performance

HPQ stock opened at $26.96 on Friday. The firm has a 50 day moving average price of $20.59 and a 200-day moving average price of $21.14. HP Inc. has a 52-week low of $17.56 and a 52-week high of $29.55. The firm has a market capitalization of $24.66 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 7.41 and a beta of 1.09.

HP (NYSE:HPQ) last released its earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.14. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The firm had revenue of $14.41 billion during the quarter, compared to analyst estimates of $13.99 billion. During the same period last year, the business earned $0.71 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. As a group, sell-side analysts forecast that HP Inc. will post 2.94 earnings per share for the current fiscal year.

HP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Wednesday, June 10th. HP’s payout ratio is presently 45.45%.

HP News Roundup

Here are the key news stories impacting HP this week:

• Positive Sentiment: HPQ beat Q2 earnings and revenue expectations, showing stronger-than-expected demand in Personal Systems and healthy top-line growth. HP Inc. Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Analysts raised price targets after the report, signaling improved confidence in HP’s near-term execution and earnings power. Why HP Stock Is Surging On Friday?
• Neutral Sentiment: Management’s earnings call pointed to AI growth opportunities, but also stressed the need to manage input costs and margin pressure carefully. HP Inc. Earnings Call Balances AI Growth And Costs
• Negative Sentiment: HP lowered its full-year outlook due to memory cost pressure and slowing unit demand, which could limit margin expansion and cap upside. HP beats Q2 estimates but trims full-year outlook on memory cost pressure
• Negative Sentiment: Bank of America and Morgan Stanley remained cautious, suggesting the quarter was strong but not yet enough to confirm a full turnaround. Bank of America sends tough message on HP stock

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.