Mediolanum International Funds Ltd Lowers Holdings in HP Inc. $HPQ

Mediolanum International Funds Ltd lowered its stake in shares of HP Inc. (NYSE:HPQ) by 53.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,601 shares of the computer maker’s stock after selling 51,361 shares during the quarter. Mediolanum International Funds Ltd’s holdings in HP were worth $1,226,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of HP by 7.4% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,481,211 shares of the computer maker’s stock valued at $40,333,000 after purchasing an additional 101,844 shares during the period. Railway Pension Investments Ltd increased its stake in HP by 6.1% during the 3rd quarter. Railway Pension Investments Ltd now owns 1,600,015 shares of the computer maker’s stock worth $43,568,000 after buying an additional 92,400 shares during the period. Maj Invest Holding A S lifted its holdings in HP by 3.8% in the 3rd quarter. Maj Invest Holding A S now owns 5,754,138 shares of the computer maker’s stock worth $156,686,000 after buying an additional 210,762 shares in the last quarter. First Horizon Corp purchased a new position in HP in the 3rd quarter valued at about $5,573,000. Finally, Y Intercept Hong Kong Ltd grew its stake in shares of HP by 498.6% during the third quarter. Y Intercept Hong Kong Ltd now owns 204,219 shares of the computer maker’s stock valued at $5,561,000 after acquiring an additional 170,104 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

HP Stock Down 4.0%

Shares of NYSE HPQ opened at $19.03 on Wednesday. The firm’s 50-day moving average price is $22.39 and its two-hundred day moving average price is $25.17. HP Inc. has a 52-week low of $18.32 and a 52-week high of $35.28. The stock has a market capitalization of $17.46 billion, a P/E ratio of 7.18, a P/E/G ratio of 3.68 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 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. HP had a negative return on equity of 330.68% and a net margin of 4.57%.The business had revenue of $14.64 billion for the quarter, compared to analysts’ expectations of $14.50 billion. During the same period in the prior year, the firm earned $0.93 EPS. The business’s quarterly revenue was up 4.2% on a year-over-year basis. 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, equities research analysts expect that HP Inc. will post 3.56 earnings per share for the current year.

HP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.3%. HP’s dividend payout ratio is currently 45.28%.

Insider Buying and Selling

In other HP news, insider Ketan M. Patel sold 33,321 shares of the company’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $23.19, for a total value of $772,713.99. Following the completion of the transaction, the insider owned 34,572 shares in the company, valued at approximately $801,724.68. This represents a 49.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Anneliese Olson sold 16,726 shares of HP stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $24.83, for a total value of $415,306.58. Following the sale, the insider directly owned 169 shares in the company, valued at approximately $4,196.27. This trade represents a 99.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 91,969 shares of company stock valued at $2,277,993 in the last quarter. Company insiders own 0.38% of the company’s stock.

Key Headlines Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: AI hardware tailwind and restructuring could support rebound — analysts and commentators argue HP is well‑positioned for an AI PC/edge refresh cycle, and the company is pursuing $1B+ run‑rate savings that should protect margins; the view boosts the case for HP as a high‑yield, value play. The AI in a Box Trade: Hardware Is the Next Boom (HPQ)
• Positive Sentiment: Security partnership extends product moat — HP signed a multi‑year XGuard licensing extension with Karamba Security to harden printers vs. cyberattacks, supporting product differentiation in printing/security offerings. HP and Karamba Security Sign Multi-Year Licensing Agreement to Protect HP’s Printers
• Neutral Sentiment: Investor events: HP scheduled a live webcast for Q1 FY2026 results on Feb 24 — useful for fresh management commentary and Q&A that could move the stock. HP Inc. Announces Live Webcast for Q1 Fiscal 2026 Financial Results on February 24, 2026
• Neutral Sentiment: Investor commentary highlights deep value — bullish writeups note low forward P/E, >6% yield and robust free cash flow, arguing downside may be limited and upside exists if the PC refresh materializes. HP: Priced Too Low With A High Yield
• Negative Sentiment: CEO departure is a primary near‑term catalyst for the selloff — Enrique Lores is leaving to become PayPal’s CEO, creating leadership uncertainty and prompting investor concern about strategy continuity. PayPal hires HP’s Enrique Lores as its new CEO
• Negative Sentiment: Board named Bruce Broussard interim CEO — immediate leadership change raises short‑term execution and messaging risks until a permanent CEO is installed. HP appoints Bruce Broussard as interim CEO
• Negative Sentiment: Analyst pressure: Bank of America reaffirmed an underperform rating and trimmed its target to $20, adding selling pressure and validating some investor caution around near‑term growth/margins. Bank of America reaffirms ‘underperform’ and lowers price target

Analyst Upgrades and Downgrades

A number of brokerages recently commented on HPQ. Argus raised HP to a “strong-buy” rating in a report on Tuesday, December 2nd. UBS Group set a $24.00 price target on shares of HP in a research report on Wednesday, November 26th. Zacks Research cut shares of HP from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. JPMorgan Chase & Co. decreased their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Finally, Evercore ISI reduced their price target on shares of HP from $29.00 to $25.00 and set an “in-line” rating on the stock in a research report on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $24.31.

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.