32,639 Shares in HP Inc. $HPQ Bought by One Wealth Advisors LLC

One Wealth Advisors LLC bought a new position in shares of HP Inc. (NYSE:HPQ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 32,639 shares of the computer maker’s stock, valued at approximately $716,000.

Several other large investors also recently bought and sold shares of the company. DNB Asset Management AS raised its stake in shares of HP by 242.2% during the 4th quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock worth $236,048,000 after buying an additional 7,498,202 shares during the last quarter. Norges Bank acquired a new stake in HP in the 4th quarter valued at about $149,309,000. Arrowstreet Capital Limited Partnership grew its stake in HP by 186.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock valued at $228,153,000 after acquiring an additional 5,449,691 shares during the last quarter. AQR Capital Management LLC increased its holdings in HP by 143.4% during the 3rd quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock valued at $244,527,000 after acquiring an additional 5,325,260 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in HP by 626.6% during the 4th quarter. Renaissance Technologies LLC now owns 4,948,700 shares of the computer maker’s stock valued at $110,257,000 after acquiring an additional 4,267,600 shares in the last quarter. Institutional investors and hedge funds own 77.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HPQ shares. Bank of America upped their price target on shares of HP from $16.00 to $18.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Barclays raised their price objective on shares of HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. Weiss Ratings upgraded HP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 6th. UBS Group upped their target price on HP from $20.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Finally, JPMorgan Chase & Co. increased their target price on HP from $22.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $23.50.

HP Trading Down 3.8%

NYSE:HPQ opened at $30.13 on Friday. The firm has a market cap of $27.55 billion, a price-to-earnings ratio of 11.12, a price-to-earnings-growth ratio of 5.08 and a beta of 1.17. The company’s 50-day moving average is $25.30 and its two-hundred day moving average is $22.04. HP Inc. has a 12-month low of $17.56 and a 12-month high of $32.19.

HP (NYSE:HPQ) last released its quarterly earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) 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 analysts’ expectations of $13.99 billion. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the company earned $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. On average, equities research analysts forecast that HP Inc. will post 2.98 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, October 7th. Shareholders of record on Wednesday, September 9th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s payout ratio is presently 44.28%.

Insider Buying and Selling

In other HP news, insider David P. Mcquarrie sold 21,048 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $29.98, for a total value of $631,019.04. Following the completion of the transaction, the insider directly owned 39,580 shares in the company, valued at approximately $1,186,608.40. The trade was a 34.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 52,620 shares of company stock valued at $1,478,622. 0.18% of the stock is currently owned by insiders.

HP 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.