Sivia Capital Partners LLC Takes Position in HP Inc. $HPQ

Sivia Capital Partners LLC acquired a new stake in shares of HP Inc. (NYSE:HPQ) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 29,965 shares of the computer maker’s stock, valued at approximately $668,000.

Other large investors also recently made changes to their positions in the company. Applied Finance Capital Management LLC boosted its holdings in shares of HP by 8.4% in the third quarter. Applied Finance Capital Management LLC now owns 1,217,071 shares of the computer maker’s stock worth $33,139,000 after buying an additional 94,494 shares during the period. Vanguard Group Inc. boosted its holdings in shares of HP by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 132,094,388 shares of the computer maker’s stock worth $2,943,063,000 after buying an additional 2,435,634 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of HP by 34.6% in the third quarter. Jones Financial Companies Lllp now owns 400,020 shares of the computer maker’s stock worth $10,685,000 after buying an additional 102,825 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in HP by 8.6% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,981,864 shares of the computer maker’s stock valued at $45,063,000 after purchasing an additional 157,464 shares during the period. Finally, Capitolis Liquid Global Markets LLC purchased a new stake in shares of HP in the third quarter valued at $22,601,000. Institutional investors own 77.53% of the company’s stock.

Wall Street Analyst Weigh In

HPQ has been the subject of a number of research analyst reports. Wells Fargo & Company increased their target price on HP from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. Evercore set a $22.00 price target on HP in a research report on Thursday, February 19th. Morgan Stanley upped their price target on HP from $17.00 to $19.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. TD Cowen upped their price target on HP from $20.00 to $26.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Finally, Barclays upped their price target on HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and five 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 target price of $23.33.

HP Stock Performance

HPQ stock opened at $26.29 on Friday. The stock has a market cap of $24.05 billion, a P/E ratio of 9.70, a P/E/G ratio of 4.39 and a beta of 1.17. The firm has a 50 day simple moving average of $21.28 and a 200 day simple moving average of $21.18. HP Inc. has a 52 week low of $17.56 and a 52 week high of $29.65.

HP (NYSE:HPQ) last issued its earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.14. The company had revenue of $14.41 billion for the quarter, compared to analyst estimates of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The business’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.71 EPS. 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 2.98 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 of this dividend is Wednesday, June 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.6%. HP’s dividend payout ratio (DPR) is currently 44.28%.

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.