HP Inc. $HPQ Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its position in HP Inc. (NYSE:HPQ) by 14.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 162,466 shares of the computer maker’s stock after selling 28,004 shares during the period. HighTower Advisors LLC’s holdings in HP were worth $3,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in HPQ. DNB Asset Management AS lifted its stake in shares of HP by 242.2% in the 4th quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock valued at $236,048,000 after purchasing an additional 7,498,202 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of HP by 186.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock valued at $228,153,000 after purchasing an additional 5,449,691 shares during the period. AQR Capital Management LLC lifted its stake in shares of HP by 143.4% in the 3rd quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock valued at $244,527,000 after purchasing an additional 5,325,260 shares during the period. Vanguard Group Inc. lifted its stake in shares of HP by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 129,658,754 shares of the computer maker’s stock valued at $3,530,608,000 after purchasing an additional 3,122,436 shares during the period. Finally, State Street Corp raised its position in HP by 5.3% during the third quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock worth $1,450,245,000 after acquiring an additional 2,651,623 shares during the period. 77.53% of the stock is currently owned by institutional investors and hedge funds.

HP Stock Up 7.8%

HP stock opened at $26.96 on Friday. HP Inc. has a 52-week low of $17.56 and a 52-week high of $29.55. The firm has a market capitalization of $24.66 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 6.86 and a beta of 1.09. The company has a fifty day simple moving average of $20.59 and a 200-day simple moving average of $21.14.

HP (NYSE:HPQ) last announced its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The firm had revenue of $14.41 billion during the quarter, compared to analyst estimates of $13.99 billion. HP had a net margin of 4.45% and a negative return on equity of 581.36%. HP’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.71 earnings per share. 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, research analysts anticipate that HP Inc. will post 2.87 EPS for the current fiscal year.

HP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, June 10th. HP’s dividend payout ratio (DPR) is 45.45%.

Analysts Set New Price Targets

HPQ has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price objective on shares of HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday. Zacks Research upgraded shares of HP from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. 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 research report on Thursday. 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 research report on Thursday. Finally, Citigroup upped 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. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, HP currently has a consensus rating of “Reduce” and a consensus target price of $23.08.

HP News Roundup

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

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.