HP Inc. $HPQ Holdings Decreased by Teacher Retirement System of Texas

Teacher Retirement System of Texas lowered its stake in HP Inc. (NYSE:HPQ) by 43.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 510,864 shares of the computer maker’s stock after selling 395,523 shares during the quarter. Teacher Retirement System of Texas’ holdings in HP were worth $13,911,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HPQ. Park Avenue Securities LLC lifted its stake in shares of HP by 11.0% in the 2nd quarter. Park Avenue Securities LLC now owns 46,908 shares of the computer maker’s stock worth $1,147,000 after acquiring an additional 4,663 shares during the period. Fifth Third Bancorp raised its holdings in HP by 4.8% during the second quarter. Fifth Third Bancorp now owns 35,288 shares of the computer maker’s stock worth $863,000 after purchasing an additional 1,618 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in HP by 2.9% in the second quarter. Public Employees Retirement System of Ohio now owns 330,169 shares of the computer maker’s stock worth $8,076,000 after purchasing an additional 9,378 shares during the period. TD Private Client Wealth LLC boosted its stake in HP by 14.5% during the 2nd quarter. TD Private Client Wealth LLC now owns 42,581 shares of the computer maker’s stock valued at $1,042,000 after purchasing an additional 5,377 shares in the last quarter. Finally, Dakota Wealth Management increased its position in shares of HP by 8.1% during the 2nd quarter. Dakota Wealth Management now owns 27,112 shares of the computer maker’s stock valued at $663,000 after purchasing an additional 2,025 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Trading Down 2.1%

Shares of HPQ opened at $19.42 on Friday. The business’s 50-day moving average price is $22.95 and its 200 day moving average price is $25.45. The stock has a market capitalization of $17.82 billion, a P/E ratio of 7.33, a P/E/G ratio of 3.65 and a beta of 1.21. HP Inc. has a 1-year low of $19.20 and a 1-year high of $35.28.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The company had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. During the same period last year, the company posted $0.93 earnings per share. The business’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. On average, research analysts predict that HP Inc. will post 3.56 earnings per share for the current year.

HP Increases Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on HPQ. JPMorgan Chase & Co. cut their price objective on HP from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. TD Cowen cut their price target on shares of HP from $28.00 to $26.00 and set a “hold” rating for the company in a report on Wednesday, November 26th. HSBC set a $30.00 price objective on shares of HP and gave the company a “buy” rating in a research report on Tuesday, October 14th. Wall Street Zen downgraded shares of HP from a “buy” rating to a “hold” rating in a report on Sunday, October 26th. Finally, Morgan Stanley reduced their target price on shares of HP from $21.00 to $20.00 and set an “underweight” rating for the company in a report on Wednesday, November 26th. Two 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $24.77.

Insider Buying and Selling at HP

In related news, insider Anneliese Olson sold 16,726 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $24.83, for a total transaction of $415,306.58. Following the transaction, the insider directly owned 169 shares of the company’s stock, valued at approximately $4,196.27. The trade was a 99.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Enrique Lores sold 41,922 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the completion of the sale, the chief executive officer directly owned 141,456 shares of the company’s stock, valued at approximately $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 valued at $2,784,126 in the last three months. 0.38% of the stock is currently owned by company insiders.

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.