Vise Technologies Inc. Makes New $1.26 Million Investment in HP Inc. $HPQ

Vise Technologies Inc. purchased a new stake in shares of HP Inc. (NYSE:HPQ) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 57,625 shares of the computer maker’s stock, valued at approximately $1,264,000.

Several other large investors have also made changes to their positions in the business. BlackRock Inc. bought a new position in shares of HP in the second quarter worth about $2,357,757,000. DNB Asset Management AS grew its position in shares of HP by 242.2% during the fourth quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock worth $236,048,000 after purchasing an additional 7,498,202 shares in the last quarter. Norges Bank bought a new stake in HP during the 4th quarter valued at approximately $149,309,000. Deutsche Bank AG purchased a new position in HP in the 2nd quarter worth approximately $140,172,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in HP by 186.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock worth $228,153,000 after purchasing an additional 5,449,691 shares in the last quarter. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider David P. Mcquarrie sold 21,048 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $29.98, for a total value of $631,019.04. Following the transaction, the insider owned 39,580 shares of the company’s stock, valued at $1,186,608.40. This trade represents a 34.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 52,620 shares of company stock valued at $1,478,622. Company insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. TD Cowen increased their price objective on shares of HP from $20.00 to $26.00 and gave the company a “hold” rating in a report on Thursday, May 28th. The Goldman Sachs Group boosted their target price on shares of HP from $19.00 to $21.00 and gave the stock a “sell” rating in a report on Wednesday, August 12th. Weiss Ratings raised shares of HP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 6th. Morgan Stanley lifted their price target on shares of HP from $17.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Finally, Wall Street Zen upgraded shares of HP from a “hold” rating to a “buy” rating in a research note on Saturday. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $23.50.

HP Stock Performance

Shares of NYSE HPQ opened at $29.76 on Friday. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $32.19. The company has a market cap of $27.22 billion, a price-to-earnings ratio of 10.98, a PEG ratio of 5.01 and a beta of 1.17. The business’s 50 day moving average price is $25.78 and its 200-day moving average price is $22.40.

HP (NYSE:HPQ) last posted its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $14.41 billion during the quarter, compared to analysts’ expectations of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.HP’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.71 EPS. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. Sell-side analysts predict that HP Inc. will post 2.98 earnings per share for the current year.

HP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. HP’s dividend payout ratio is presently 44.28%.

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.