HP Inc. $HPQ Shares Sold by Huntington National Bank

Huntington National Bank decreased its position in shares of HP Inc. (NYSE:HPQ) by 41.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,341 shares of the computer maker’s stock after selling 29,659 shares during the quarter. Huntington National Bank’s holdings in HP were worth $921,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of HP by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 132,094,388 shares of the computer maker’s stock valued at $2,943,063,000 after acquiring an additional 2,435,634 shares during the period. State Street Corp boosted its holdings in shares of HP by 5.3% during the third quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock valued at $1,450,245,000 after acquiring an additional 2,651,623 shares during the period. Geode Capital Management LLC boosted its holdings in shares of HP by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 27,313,924 shares of the computer maker’s stock valued at $607,373,000 after acquiring an additional 274,033 shares during the period. DNB Asset Management AS boosted its holdings 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 valued at $236,048,000 after acquiring an additional 7,498,202 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of HP by 143.4% during the third quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock valued at $244,527,000 after acquiring an additional 5,325,260 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Stock Up 7.8%

Shares of NYSE HPQ opened at $26.96 on Friday. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $29.55. The firm’s 50-day simple moving average is $20.59 and its 200 day simple moving average is $21.14. The stock has a market cap of $24.66 billion, a P/E ratio of 9.95, a P/E/G ratio of 6.86 and a beta of 1.09.

HP (NYSE:HPQ) last issued its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The business had revenue of $14.41 billion for the quarter, compared to analysts’ expectations of $13.99 billion. During the same period in the previous year, the business earned $0.71 earnings per share. The company’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. On average, sell-side analysts anticipate that HP Inc. will post 2.87 earnings per share for the current fiscal year.

HP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be given a $0.30 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $1.20 annualized dividend and a yield of 4.5%. HP’s payout ratio is 45.45%.

Key Stories Impacting HP

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HPQ shares. Bank of America boosted their price target on shares of HP from $16.00 to $18.00 and gave the company an “underperform” rating in a report on Thursday. JPMorgan Chase & Co. lifted their price objective on shares of HP from $22.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday. Barclays lifted their price objective on shares of HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday. The Goldman Sachs Group cut their price objective on shares of HP from $21.00 to $16.00 and set a “sell” rating on the stock in a research note on Wednesday, February 25th. Finally, Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $23.08.

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.