Jefferies Financial Group Inc. Purchases New Position in HP Inc. $HPQ

Jefferies Financial Group Inc. purchased a new stake in HP Inc. (NYSE:HPQ) in the 4th quarter, HoldingsChannel reports. The firm purchased 87,833 shares of the computer maker’s stock, valued at approximately $1,957,000.

A number of other institutional investors have also recently added to or reduced their stakes in HPQ. Caitlin John LLC purchased a new position in HP in the 3rd quarter valued at about $30,000. Garner Asset Management Corp purchased a new position in HP in the 4th quarter valued at about $25,000. Flagship Harbor Advisors LLC purchased a new position in HP in the 4th quarter valued at about $26,000. Sound Income Strategies LLC lifted its stake in HP by 97.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after buying an additional 646 shares in the last quarter. Finally, BNP Paribas lifted its stake in HP by 89.5% in the 3rd quarter. BNP Paribas now owns 1,429 shares of the computer maker’s stock valued at $39,000 after buying an additional 675 shares in the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Stock Up 4.6%

NYSE HPQ opened at $25.55 on Thursday. The stock has a market capitalization of $23.37 billion, a P/E ratio of 9.68, a P/E/G ratio of 6.75 and a beta of 1.09. HP Inc. has a 52-week low of $17.56 and a 52-week high of $29.55. The firm has a 50-day moving average price of $20.29 and a 200 day moving average price of $21.11.

HP (NYSE:HPQ) last announced its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. HP had a negative return on equity of 367.41% and a net margin of 4.46%.The firm had revenue of $14.41 billion for the quarter, compared to analyst estimates of $13.99 billion. During the same quarter in the prior year, the company posted $0.71 earnings per share. HP’s quarterly revenue was up 9.0% on a year-over-year basis. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. On average, equities research analysts expect that HP Inc. will post 2.85 earnings per share for the current fiscal year.

HP Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Wednesday, June 10th. HP’s dividend payout ratio is 45.45%.

Wall Street Analyst Weigh In

Several research analysts recently commented on HPQ shares. The Goldman Sachs Group reduced their price objective on HP from $21.00 to $16.00 and set a “sell” rating for the company in a research note on Wednesday, February 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of HP in a research note on Monday, May 4th. Barclays dropped their price objective on shares of HP from $18.00 to $16.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. Bank of America reissued an “underperform” rating and set a $20.00 price objective (down from $26.00) on shares of HP in a research note on Tuesday, February 3rd. Finally, Zacks Research raised HP from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $21.67.

Trending Headlines about HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP beat second-quarter estimates on both revenue and profit, which is supporting the stock. HP Inc. Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Management said AI PC demand and the Windows 11 upgrade cycle boosted sales, suggesting underlying demand is improving. HP beats revenue, profit estimates as AI PC and Windows 11 refresh boost demand
• Neutral Sentiment: HP also raised/updated full-year and Q3 EPS guidance modestly versus consensus, which helps offset some of the uncertainty around the outlook. HP (HPQ) Reports Q2 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Despite the beat, HP cut its full-year profit outlook to $2.15-$2.45 per share from a prior $2.47-$2.77 range, signaling margin or cost pressure ahead. HP Cuts Full-Year Outlook Despite Higher Second-Quarter Profit, Revenue

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.