V Square Quantitative Management LLC Has $976,000 Position in HP Inc. $HPQ

V Square Quantitative Management LLC grew its position in HP Inc. (NYSE:HPQ) by 83.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,795 shares of the computer maker’s stock after acquiring an additional 23,100 shares during the period. V Square Quantitative Management LLC’s holdings in HP were worth $976,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. HB Wealth Management LLC lifted its stake in HP by 3.3% in the 1st quarter. HB Wealth Management LLC now owns 71,374 shares of the computer maker’s stock valued at $1,371,000 after purchasing an additional 2,280 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its position in HP by 13.9% during the first quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 12,306 shares of the computer maker’s stock worth $236,000 after buying an additional 1,500 shares during the last quarter. PFG Investments LLC raised its stake in HP by 11.9% in the first quarter. PFG Investments LLC now owns 28,265 shares of the computer maker’s stock valued at $543,000 after buying an additional 3,015 shares during the period. Boyd Watterson Asset Management LLC OH lifted its position in shares of HP by 91.1% in the first quarter. Boyd Watterson Asset Management LLC OH now owns 7,865 shares of the computer maker’s stock valued at $151,000 after buying an additional 3,749 shares during the last quarter. Finally, New York State Teachers Retirement System boosted its stake in shares of HP by 0.3% during the 1st quarter. New York State Teachers Retirement System now owns 749,433 shares of the computer maker’s stock worth $14,397,000 after acquiring an additional 2,110 shares during the period. 77.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other HP news, insider David P. Mcquarrie sold 10,524 shares of HP stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $24.68, for a total value of $259,732.32. Following the completion of the sale, the insider owned 92,200 shares in the company, valued at $2,275,496. The trade was a 10.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.18% of the company’s stock.

HP Trading Up 0.1%

Shares of NYSE HPQ opened at $21.95 on Monday. The firm has a market cap of $20.07 billion, a P/E ratio of 8.10, a price-to-earnings-growth ratio of 3.70 and a beta of 1.19. The business’s 50 day moving average is $23.10 and its 200-day moving average is $21.07. HP Inc. has a 1-year low of $17.56 and a 1-year high of $29.65.

HP (NYSE:HPQ) last issued its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The firm had revenue of $14.41 billion for the quarter, compared to analyst estimates of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The company’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Analysts forecast that HP Inc. will post 2.98 EPS for the current year.

HP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s dividend payout ratio (DPR) is currently 44.28%.

Wall Street Analyst Weigh In

HPQ has been the topic of a number of recent analyst reports. UBS Group boosted their target price on HP from $20.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Citigroup lifted their price objective on shares of HP from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Bank of America upped their price objective on shares of HP from $16.00 to $18.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Wells Fargo & Company increased their price objective on shares of HP from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of HP in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price 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.