National Pension Service boosted its position in HP Inc. (NYSE:HPQ – Free Report) by 16.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,708,832 shares of the computer maker’s stock after acquiring an additional 388,328 shares during the quarter. National Pension Service owned 0.30% of HP worth $60,353,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in HPQ. Garner Asset Management Corp bought a new position in HP in the fourth quarter valued at $25,000. Flagship Harbor Advisors LLC bought a new position in HP in the fourth quarter valued at $26,000. Sound Income Strategies LLC increased its stake in HP by 97.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after acquiring an additional 646 shares during the last quarter. Caitlin John LLC bought a new position in HP in the third quarter valued at $30,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in HP in the fourth quarter valued at $32,000. Institutional investors own 77.53% of the company’s stock.
HP Trading Up 7.8%
Shares of NYSE:HPQ opened at $26.96 on Friday. The stock’s 50-day moving average price is $20.59 and its 200-day moving average price is $21.14. HP Inc. has a 12-month low of $17.56 and a 12-month high of $29.55. The stock has a market capitalization of $24.66 billion, a P/E ratio of 9.95, a price-to-earnings-growth ratio of 7.41 and a beta of 1.09.
HP Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. HP’s dividend payout ratio (DPR) is presently 45.45%.
Analysts Set New Price Targets
HPQ has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on HP from $22.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday. Barclays increased their target price on HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday. UBS Group increased their target price on HP from $20.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday. TD Cowen raised their price objective on HP from $20.00 to $26.00 and gave the company a “hold” rating in a research note on Thursday. Finally, Evercore set a $22.00 price objective on HP in a research note on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $23.08.
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
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.
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