HP Inc. $HPQ Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of HP Inc. (NYSE:HPQ) by 7.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,481,211 shares of the computer maker’s stock after acquiring an additional 101,844 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.16% of HP worth $40,333,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Westfuller Advisors LLC bought a new position in HP in the 3rd quarter worth about $28,000. Laurel Wealth Advisors LLC raised its holdings in shares of HP by 2,346.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock valued at $26,000 after buying an additional 1,009 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of HP during the second quarter worth approximately $27,000. Corsicana & Co. bought a new position in HP in the 3rd quarter worth approximately $33,000. Finally, Global Trust Asset Management LLC increased its position in HP by 492.6% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after acquiring an additional 1,000 shares during the period. 77.53% of the stock is currently owned by institutional investors.

HP Stock Down 2.1%

NYSE:HPQ opened at $19.42 on Monday. The business’s 50-day moving average price is $22.95 and its 200 day moving average price is $25.45. HP Inc. has a 52-week low of $19.20 and a 52-week high of $35.28. The firm has a market cap of $17.82 billion, a P/E ratio of 7.33, a PEG ratio of 3.65 and a beta of 1.21.

HP (NYSE:HPQ) last posted its quarterly earnings data on Tuesday, November 25th. The computer maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.02. The company had revenue of $14.64 billion during the quarter, compared to analyst estimates of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 EPS. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. Sell-side analysts expect that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.2%. This is a positive change from HP’s previous quarterly dividend of $0.29. The ex-dividend date was Thursday, December 11th. HP’s dividend payout ratio (DPR) is presently 45.28%.

Analysts Set New Price Targets

Several brokerages have weighed in on HPQ. Zacks Research downgraded HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Evercore ISI cut their price objective on shares of HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research note on Wednesday, November 26th. Citigroup reduced their price objective on shares of HP from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Finally, TD Cowen dropped their price target on shares of HP from $28.00 to $26.00 and set a “hold” rating on the stock in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $24.77.

Insider Buying and Selling at HP

In related news, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total value of $506,133.52. Following the transaction, the insider directly owned 169 shares in the company, valued at $4,711.72. The trade was a 99.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Enrique Lores sold 41,922 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $26.00, for a total value of $1,089,972.00. Following the sale, the chief executive officer directly owned 141,456 shares in the company, valued at $3,677,856. This trade represents a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 110,123 shares of company stock valued at $2,784,126. Corporate insiders own 0.38% of the company’s stock.

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.