HP Inc. $HPQ Shares Purchased by Railway Pension Investments Ltd

Railway Pension Investments Ltd lifted its holdings in shares of HP Inc. (NYSE:HPQ) by 6.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,600,015 shares of the computer maker’s stock after acquiring an additional 92,400 shares during the quarter. Railway Pension Investments Ltd’s holdings in HP were worth $43,568,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the business. State of Alaska Department of Revenue increased its holdings in shares of HP by 36.0% during the second quarter. State of Alaska Department of Revenue now owns 286,760 shares of the computer maker’s stock valued at $7,013,000 after purchasing an additional 75,895 shares during the period. LBP AM SA acquired a new position in shares of HP during the second quarter valued at approximately $7,279,000. Assenagon Asset Management S.A. raised its holdings in HP by 3,365.7% during the third quarter. Assenagon Asset Management S.A. now owns 1,396,782 shares of the computer maker’s stock worth $38,034,000 after purchasing an additional 1,356,479 shares in the last quarter. CWM LLC lifted its position in HP by 340.4% in the third quarter. CWM LLC now owns 155,700 shares of the computer maker’s stock worth $4,240,000 after purchasing an additional 120,349 shares during the period. Finally, Resona Asset Management Co. Ltd. boosted its stake in HP by 6.1% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 319,243 shares of the computer maker’s stock valued at $7,825,000 after purchasing an additional 18,240 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at HP

In related news, CEO Enrique Lores sold 41,922 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the completion of the sale, the chief executive officer directly owned 141,456 shares in the company, valued at approximately $3,677,856. This trade represents a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Anneliese Olson sold 16,726 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were 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 in the company, valued at $4,196.27. The trade was a 99.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 110,123 shares of company stock valued at $2,784,126 over the last three months. 0.38% of the stock is owned by corporate insiders.

HP Trading Down 0.7%

HPQ stock opened at $22.13 on Monday. HP Inc. has a one year low of $21.21 and a one year high of $35.28. The firm has a 50-day moving average of $24.64 and a two-hundred day moving average of $25.90. The firm has a market capitalization of $20.31 billion, a PE ratio of 8.35, a P/E/G ratio of 4.15 and a beta of 1.21.

HP (NYSE:HPQ) last released its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share 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 business had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $14.50 billion. During the same period last year, the firm posted $0.93 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. 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, equities research analysts anticipate that HP Inc. will post 3.56 earnings per share for the current year.

HP Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th were paid a dividend of $0.30 per share. This is a boost from HP’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $1.20 annualized dividend and a yield of 5.4%. HP’s dividend payout ratio (DPR) is presently 45.28%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. HSBC set a $30.00 price objective on HP and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Barclays dropped their price target on shares of HP from $27.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of HP in a research report on Wednesday, October 8th. Citigroup lowered their price objective on shares of HP from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Finally, Evercore ISI cut their target price on shares of HP from $29.00 to $25.00 and set an “in-line” rating for the company in a research note on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $25.69.

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.