Dynamic Technology Lab Private Ltd Has $1.30 Million Stock Holdings in HP Inc. $HPQ

Dynamic Technology Lab Private Ltd lessened its stake in HP Inc. (NYSE:HPQ) by 31.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 58,360 shares of the computer maker’s stock after selling 27,062 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in HP were worth $1,300,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of HP by 19.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,660,225 shares of the computer maker’s stock worth $192,950,000 after purchasing an additional 1,426,567 shares during the last quarter. Korea Investment CORP boosted its holdings in HP by 76.5% in the fourth quarter. Korea Investment CORP now owns 284,204 shares of the computer maker’s stock worth $6,332,000 after purchasing an additional 123,200 shares in the last quarter. Platinum Investment Management Ltd. bought a new stake in HP in the fourth quarter worth $59,000. Banco Santander S.A. bought a new stake in HP in the fourth quarter worth $1,014,000. Finally, Wealthspire Advisors LLC boosted its holdings in HP by 52.8% in the fourth quarter. Wealthspire Advisors LLC now owns 28,721 shares of the computer maker’s stock worth $640,000 after purchasing an additional 9,927 shares in the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Price Performance

Shares of HP stock opened at $25.19 on Friday. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $29.65. The firm has a fifty day moving average price of $21.98 and a two-hundred day moving average price of $21.28. The company has a market cap of $23.04 billion, a PE ratio of 9.30, a price-to-earnings-growth ratio of 4.16 and a beta of 1.17.

HP (NYSE:HPQ) last issued its quarterly earnings results 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 firm had revenue of $14.41 billion during the quarter, compared to the consensus estimate of $13.99 billion. During the same period in the prior year, the firm earned $0.71 EPS. The business’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. Analysts expect that HP Inc. will post 2.98 earnings per share for the current fiscal year.

HP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $1.20 dividend on an annualized basis and a yield of 4.8%. HP’s dividend payout ratio is 44.28%.

Analysts Set New Price Targets

HPQ has been the subject of a number of recent research reports. UBS Group upped their price objective on shares of HP from $20.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Barclays upped their price objective on shares of HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Morgan Stanley upped their price objective on shares of HP from $17.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of HP in a report on Monday, May 4th. Finally, Evercore set a $22.00 price objective on shares of HP in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $23.33.

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.