AIA Group Ltd Has $3.51 Million Stock Holdings in HP Inc. $HPQ

AIA Group Ltd raised its stake in shares of HP Inc. (NYSE:HPQ) by 124.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 128,993 shares of the computer maker’s stock after purchasing an additional 71,634 shares during the quarter. AIA Group Ltd’s holdings in HP were worth $3,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of HPQ. Vanguard Group Inc. grew its position in HP by 2.5% in the third 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 period. State Street Corp lifted its holdings in HP by 5.3% during the 3rd quarter. State Street Corp now owns 52,703,639 shares of the computer maker’s stock valued at $1,450,245,000 after purchasing an additional 2,651,623 shares during the last quarter. Dodge & Cox boosted its position in HP by 4.6% in the second quarter. Dodge & Cox now owns 34,943,498 shares of the computer maker’s stock valued at $854,718,000 after buying an additional 1,537,945 shares in the last quarter. Invesco Ltd. grew its stake in HP by 15.9% during the second quarter. Invesco Ltd. now owns 13,146,875 shares of the computer maker’s stock worth $321,573,000 after buying an additional 1,806,246 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of HP by 143.4% during the third quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after buying an additional 5,325,260 shares in the last quarter. 77.53% of the stock is currently owned by institutional investors.

HP Stock Performance

Shares of HPQ opened at $18.50 on Friday. The business’s fifty day moving average price is $19.30 and its two-hundred day moving average price is $23.56. The firm has a market capitalization of $16.91 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 5.06 and a beta of 1.18. HP Inc. has a 52 week low of $17.56 and a 52 week high of $29.55.

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

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Wednesday, March 11th. HP’s dividend payout ratio (DPR) is 45.45%.

Insider Activity at HP

In related news, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $23.19, for a total transaction 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.18% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group cut their target price on shares of HP from $21.00 to $16.00 and set a “sell” rating for the company in a research note on Wednesday, February 25th. JPMorgan Chase & Co. reduced their price objective on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. TD Cowen decreased their target price on HP from $28.00 to $26.00 and set a “hold” rating on the stock in a report on Wednesday, November 26th. Morgan Stanley cut their price target on HP from $18.00 to $16.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Finally, Wells Fargo & Company reduced their price target on shares of HP from $25.00 to $18.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, HP presently has an average rating of “Reduce” and an average target price of $21.58.

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.