Railway Pension Investments Ltd grew its position in HP Inc. (NYSE:HPQ – Free Report) by 10.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,759,515 shares of the computer maker’s stock after acquiring an additional 159,500 shares during the quarter. Railway Pension Investments Ltd’s holdings in HP were worth $39,202,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of HPQ. Baird Financial Group Inc. boosted its holdings in shares of HP by 13.1% in the second quarter. Baird Financial Group Inc. now owns 114,169 shares of the computer maker’s stock valued at $2,793,000 after acquiring an additional 13,265 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of HP by 2.7% during the second quarter. Gamco Investors INC. ET AL now owns 21,230 shares of the computer maker’s stock worth $519,000 after purchasing an additional 551 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of HP by 6.4% during the second quarter. Daiwa Securities Group Inc. now owns 145,337 shares of the computer maker’s stock worth $3,555,000 after purchasing an additional 8,779 shares during the period. Treasurer of the State of North Carolina lifted its holdings in shares of HP by 70.5% during the second quarter. Treasurer of the State of North Carolina now owns 731,574 shares of the computer maker’s stock worth $17,894,000 after purchasing an additional 302,578 shares during the period. Finally, HUB Investment Partners LLC acquired a new stake in shares of HP during the second quarter worth $233,000. 77.53% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
HPQ has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on HP from $22.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday. Evercore set a $22.00 price target on HP in a report on Thursday, February 19th. Citigroup increased their price target on HP from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday. TD Cowen increased their price target on HP from $20.00 to $26.00 and gave the stock a “hold” rating in a report on Thursday. Finally, Bank of America increased their price target on HP from $16.00 to $18.00 and gave the stock an “underperform” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, HP has an average rating of “Reduce” and an average target price of $23.08.
Trending Headlines about HP
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 Stock Performance
HP stock opened at $26.96 on Friday. HP Inc. has a one year low of $17.56 and a one year high of $29.55. The business has a fifty day moving average of $20.59 and a two-hundred day moving average of $21.14. The company has a market cap of $24.66 billion, a P/E ratio of 9.95, a price-to-earnings-growth ratio of 7.41 and a beta of 1.09.
HP (NYSE:HPQ – Get Free Report) last released its earnings results on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The company had revenue of $14.41 billion during the quarter, compared to the consensus estimate of $13.99 billion. During the same quarter last year, the company earned $0.71 earnings per share. HP’s quarterly revenue was up 9.0% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. Sell-side analysts predict that HP Inc. will post 2.94 EPS for the current year.
HP Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 10th will be given a $0.30 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.5%. HP’s dividend payout ratio (DPR) is currently 45.45%.
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.
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