31,244 Shares in HP Inc. $HPQ Acquired by Redwood Investment Management LLC

Redwood Investment Management LLC purchased a new stake in HP Inc. (NYSE:HPQ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 31,244 shares of the computer maker’s stock, valued at approximately $685,000.

Several other hedge funds have also recently bought and sold shares of the stock. IHT Wealth Management LLC lifted its holdings in shares of HP by 3.3% during the second quarter. IHT Wealth Management LLC now owns 12,470 shares of the computer maker’s stock valued at $305,000 after acquiring an additional 398 shares during the period. Vident Advisory LLC increased its position in shares of HP by 0.6% during the 2nd quarter. Vident Advisory LLC now owns 69,579 shares of the computer maker’s stock worth $1,702,000 after purchasing an additional 444 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in HP by 10.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 5,020 shares of the computer maker’s stock valued at $110,000 after purchasing an additional 467 shares during the last quarter. Vise Technologies Inc. boosted its position in HP by 2.4% in the third quarter. Vise Technologies Inc. now owns 20,531 shares of the computer maker’s stock valued at $559,000 after buying an additional 477 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC boosted its position in HP by 0.6% in the second quarter. Legacy Wealth Asset Management LLC now owns 80,784 shares of the computer maker’s stock valued at $1,772,000 after buying an additional 491 shares in the last quarter. 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 21,048 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $29.98, for a total transaction of $631,019.04. Following the completion of the sale, the insider directly owned 39,580 shares of the company’s stock, valued at approximately $1,186,608.40. The trade was a 34.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 52,620 shares of company stock valued at $1,478,622 in the last three months. 0.18% of the stock is owned by company insiders.

Key Stories Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: Results exceeded expectations: Fiscal Q3 non-GAAP EPS was $0.83 on revenue of $15.7 billion, versus estimates of approximately $0.66–$0.75 EPS and $14.4 billion in revenue. Revenue increased 12.5% year over year, led by an 18% increase in Personal Systems revenue. HP Inc. Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Outlook was raised: HP increased its fiscal 2026 EPS and free-cash-flow guidance. Fourth-quarter adjusted EPS guidance of $0.69–$0.79 also exceeded the consensus estimate of $0.67, with price increases, premium and AI-enabled PCs, and expected tariff refunds helping offset higher component costs. HP forecasts strong fourth-quarter profit on price hikes, US tariff refunds
• Positive Sentiment: Shareholder returns remained supportive: HP generated $1.6 billion in free cash flow and returned roughly $574 million through dividends and share repurchases. Analysts also raised some forecasts following the earnings report. HPQ Q3 Earnings Call Puts Focus on Margin Recovery and AI PCs
• Neutral Sentiment: AI PCs are a potential growth driver: Management highlighted premium product mix and AI-PC demand as part of a possible margin recovery into fiscal 2027, but investors remain divided on how quickly these trends can translate into sustainable profitability.
• Negative Sentiment: Margins and earnings quality raised concerns: Non-GAAP operating margin fell to 6.5% from 7.1% a year earlier, while GAAP net income declined 13% and GAAP EPS fell to $0.71. Memory-chip inflation and other costs are pressuring profitability, and the quarter’s non-GAAP EPS benefited by $0.11 from tariff refunds. HP falls amid concerns over margins and PC unit shipments decline
• Negative Sentiment: Demand trends were mixed: Higher pricing helped lift revenue despite fewer PC shipments, while Printing revenue declined 2%. Following an almost 50% recent rally, investors appear to have demanded stronger evidence that growth and margin recovery can continue. HP: Double Earnings Beat, Raised Guidance, But Near 50% Rally Keeps Me Cautious

HP Trading Down 2.7%

HPQ opened at $29.69 on Friday. The stock has a market capitalization of $27.15 billion, a PE ratio of 11.33, a PEG ratio of 5.05 and a beta of 1.17. HP Inc. has a 1-year low of $17.56 and a 1-year high of $32.19. The firm has a 50-day moving average price of $26.24 and a two-hundred day moving average price of $22.71.

HP (NYSE:HPQ) last released its quarterly earnings results on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, beating the consensus estimate of $0.66 by $0.17. The business had revenue of $15.68 billion for the quarter, compared to analysts’ expectations of $14.44 billion. HP had a net margin of 4.14% and a negative return on equity of 762.90%. HP’s revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 earnings per share. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. On average, research analysts predict that HP Inc. will post 3.04 EPS for the current year.

HP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s dividend payout ratio is 45.80%.

Wall Street Analysts Forecast Growth

HPQ has been the topic of several research analyst reports. 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 note on Thursday, May 28th. Barclays boosted their target price on HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Morgan Stanley decreased their price target on HP from $19.00 to $17.00 and set an “underweight” rating on the stock in a research report on Monday. Weiss Ratings raised HP from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 6th. Finally, UBS Group lifted their price objective on HP from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $24.83.

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.