Achmea Investment Management B.V. Boosts Stock Position in HP Inc. $HPQ

Achmea Investment Management B.V. lifted its stake in HP Inc. (NYSE:HPQ) by 4.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 799,355 shares of the computer maker’s stock after purchasing an additional 33,960 shares during the quarter. Achmea Investment Management B.V. owned about 0.09% of HP worth $21,767,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of HP by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 129,658,754 shares of the computer maker’s stock valued at $3,530,608,000 after acquiring an additional 3,122,436 shares during the last quarter. State Street Corp raised its stake in HP by 5.3% during the third quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock worth $1,450,245,000 after purchasing an additional 2,651,623 shares during the period. Dodge & Cox boosted its holdings in HP by 4.6% in the 2nd quarter. Dodge & Cox now owns 34,943,498 shares of the computer maker’s stock valued at $854,718,000 after purchasing an additional 1,537,945 shares during the last quarter. Invesco Ltd. boosted its holdings in HP by 15.9% in the 2nd quarter. Invesco Ltd. now owns 13,146,875 shares of the computer maker’s stock valued at $321,573,000 after purchasing an additional 1,806,246 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of HP by 143.4% in 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 buying an additional 5,325,260 shares during the period. Institutional investors and hedge funds own 77.53% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on HPQ shares. UBS Group reduced their price target on shares of HP from $26.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. Evercore set a $22.00 price objective on HP in a research report on Thursday, February 19th. Wells Fargo & Company cut their target price on HP from $25.00 to $18.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. Morgan Stanley reduced their target price on HP from $18.00 to $16.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. decreased their price target on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $21.58.

Insider Buying and Selling

In other HP news, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction that occurred on 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 owned 34,572 shares in the company, valued at approximately $801,724.68. The trade was a 49.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.18% of the stock is currently owned by company insiders.

HP Price Performance

Shares of NYSE:HPQ opened at $18.77 on Wednesday. HP Inc. has a 12 month low of $17.56 and a 12 month high of $29.55. The firm has a market capitalization of $17.16 billion, a P/E ratio of 7.11, a P/E/G ratio of 5.19 and a beta of 1.18. The company’s fifty day moving average price is $19.41 and its 200 day moving average price is $23.64.

HP (NYSE:HPQ) last released its quarterly earnings data on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.04. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The company had revenue of $14.44 billion during the quarter, compared to the consensus estimate of $13.87 billion. During the same quarter in the prior year, the firm posted $0.74 earnings per share. HP’s revenue for the quarter was up 6.9% on a year-over-year basis. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, sell-side analysts anticipate that HP Inc. will post 3.56 EPS for the current year.

HP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Wednesday, March 11th. HP’s dividend payout ratio (DPR) is currently 45.45%.

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.