Eurizon Capital SGR S.p.A. bought a new stake in shares of HP Inc. (NYSE:HPQ – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 356,054 shares of the computer maker’s stock, valued at approximately $7,939,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Applied Finance Capital Management LLC lifted its position in HP by 8.4% during the third quarter. Applied Finance Capital Management LLC now owns 1,217,071 shares of the computer maker’s stock valued at $33,139,000 after purchasing an additional 94,494 shares during the period. Vanguard Group Inc. lifted its position in HP by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 132,094,388 shares of the computer maker’s stock valued at $2,943,063,000 after purchasing an additional 2,435,634 shares during the period. Jones Financial Companies Lllp lifted its position in HP by 34.6% during the third quarter. Jones Financial Companies Lllp now owns 400,020 shares of the computer maker’s stock valued at $10,685,000 after purchasing an additional 102,825 shares during the period. National Pension Service raised its position in shares of HP by 10.0% in the third quarter. National Pension Service now owns 2,320,504 shares of the computer maker’s stock worth $63,187,000 after acquiring an additional 211,443 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of HP by 8.6% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,981,864 shares of the computer maker’s stock worth $45,063,000 after acquiring an additional 157,464 shares during the period. 77.53% of the stock is currently owned by institutional investors and hedge funds.
HP Stock Down 0.3%
HPQ opened at $26.96 on Monday. HP Inc. has a twelve month low of $17.56 and a twelve month high of $29.55. The company has a 50-day moving average price of $20.59 and a 200 day moving average price of $21.11. The company has a market cap of $24.66 billion, a PE ratio of 9.95, a price-to-earnings-growth ratio of 4.61 and a beta of 1.16.
HP Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 10th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Wednesday, June 10th. HP’s dividend payout ratio is 44.28%.
More HP News
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
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on HPQ. Barclays upped their price objective on shares of HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a research report on Thursday. TD Cowen upped their price objective on shares of HP from $20.00 to $26.00 and gave the stock a “hold” rating in a research report on Thursday. The Goldman Sachs Group decreased their price objective on shares of HP from $21.00 to $16.00 and set a “sell” rating for the company in a research report on Wednesday, February 25th. Evercore set a $22.00 price objective on shares of HP in a research report on Thursday, February 19th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, HP has a consensus rating of “Reduce” and an average target price of $23.08.
Get Our Latest Stock Analysis on HPQ
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.
Further Reading
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