HP Inc. $HPQ Shares Bought by Railway Pension Investments Ltd

Railway Pension Investments Ltd grew its holdings in HP Inc. (NYSE:HPQ) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,600,015 shares of the computer maker’s stock after purchasing an additional 92,400 shares during the quarter. Railway Pension Investments Ltd owned approximately 0.17% of HP worth $43,568,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of HPQ. Laurel Wealth Advisors LLC raised its position in shares of HP by 2,346.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after purchasing an additional 1,009 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in HP during the second quarter worth $27,000. Corsicana & Co. acquired a new position in shares of HP in the third quarter worth $33,000. Global Trust Asset Management LLC lifted its position in shares of HP by 492.6% in the second 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 in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its position in shares of HP by 72.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock valued at $30,000 after acquiring an additional 512 shares in the last quarter. 77.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Argus raised shares of HP to a “strong-buy” rating in a research note on Tuesday, December 2nd. Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. decreased their price objective on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Wall Street Zen downgraded HP from a “buy” rating to a “hold” rating in a research report on Sunday, October 26th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of HP in a research report on Monday, December 1st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, HP currently has an average rating of “Hold” and a consensus target price of $25.69.

Insider Buying and Selling at HP

In related news, CEO Enrique Lores sold 41,922 shares of the 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 completion of the sale, the chief executive officer directly owned 141,456 shares in the company, valued at approximately $3,677,856. This represents a 22.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ketan M. Patel sold 33,321 shares of the company’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the sale, the insider directly owned 34,572 shares of the company’s stock, valued at $801,724.68. The trade was a 49.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 110,123 shares of company stock valued at $2,784,126 over the last ninety days. Corporate insiders own 0.38% of the company’s stock.

HP Trading Down 0.7%

Shares of HP stock opened at $22.13 on Monday. The business’s fifty day moving average price is $24.64 and its 200 day moving average price is $25.90. HP Inc. has a twelve month low of $21.21 and a twelve month high of $35.28. The stock has a market capitalization of $20.31 billion, a P/E ratio of 8.35, a PEG ratio of 4.15 and a beta of 1.21.

HP (NYSE:HPQ) last announced its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, topping 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 negative return on equity of 330.68% and a net margin of 4.57%.The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. As a group, sell-side analysts predict 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. Investors of record on Thursday, December 11th were issued a $0.30 dividend. The ex-dividend date was Thursday, December 11th. This is a positive change from HP’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 5.4%. HP’s payout ratio is 45.28%.

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.