830,000 Shares in HP Inc. $HPQ Bought by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC purchased a new position in HP Inc. (NYSE:HPQ) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 830,000 shares of the computer maker’s stock, valued at approximately $22,601,000. Capitolis Liquid Global Markets LLC owned 0.09% of HP at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of HP by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 129,658,754 shares of the computer maker’s stock worth $3,530,608,000 after purchasing an additional 3,122,436 shares in the last quarter. Dodge & Cox increased its position in HP by 4.6% in the 2nd quarter. Dodge & Cox now owns 34,943,498 shares of the computer maker’s stock valued at $854,718,000 after buying an additional 1,537,945 shares in the last quarter. Geode Capital Management LLC increased its position in HP by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 26,187,203 shares of the computer maker’s stock valued at $638,720,000 after buying an additional 424,544 shares in the last quarter. Invesco Ltd. raised its stake in HP by 15.9% during the 2nd quarter. Invesco Ltd. now owns 13,146,875 shares of the computer maker’s stock worth $321,573,000 after buying an additional 1,806,246 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in HP by 143.4% in the third quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after acquiring an additional 5,325,260 shares in the last quarter. 77.53% of the stock is owned by institutional investors.

Insider Activity at HP

In related news, insider Ketan M. Patel sold 33,321 shares of the stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $23.19, for a total transaction of $772,713.99. Following the completion of the sale, the insider directly owned 34,572 shares of the company’s stock, valued at approximately $801,724.68. This trade represents a 49.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

HPQ has been the subject of a number of research reports. TD Cowen reduced their price objective on HP from $28.00 to $26.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th. Evercore set a $22.00 target price on HP in a research report on Thursday, February 19th. The Goldman Sachs Group reduced their price target 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. UBS Group decreased their price target on shares of HP from $26.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, February 19th. Finally, Barclays lowered their price objective on shares of HP from $18.00 to $16.00 and set an “underweight” rating on the stock in a report on Wednesday, February 25th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $21.58.

HP Stock Down 0.1%

Shares of HP stock opened at $18.94 on Friday. HP Inc. has a 52 week low of $17.56 and a 52 week high of $29.55. The business has a 50 day moving average price of $19.54 and a 200-day moving average price of $23.80. The company has a market cap of $17.32 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 5.26 and a beta of 1.18.

HP (NYSE:HPQ) last announced its earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.04. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The company had revenue of $14.44 billion for the quarter, compared to analysts’ expectations of $13.87 billion. During the same quarter in the previous year, the firm earned $0.74 earnings per share. HP’s quarterly revenue was up 6.9% on a year-over-year basis. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. As a group, research analysts anticipate that HP Inc. will post 3.56 EPS for the current year.

HP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.3%. HP’s dividend payout ratio is currently 45.45%.

About HP

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.