HP Inc. $HPQ Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in shares of HP Inc. (NYSE:HPQ) by 1.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,686,967 shares of the computer maker’s stock after selling 85,299 shares during the period. Dimensional Fund Advisors LP owned approximately 0.50% of HP worth $127,612,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC raised its stake 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 buying an additional 1,009 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of HP in the 2nd quarter valued at approximately $27,000. Westfuller Advisors LLC purchased a new stake in shares of HP in the third quarter valued at approximately $28,000. Cary Street Partners Investment Advisory LLC grew its holdings in HP by 72.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock worth $30,000 after acquiring an additional 512 shares during the period. Finally, Caitlin John LLC acquired a new position in HP during the third quarter worth $30,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Stock Performance

HPQ opened at $18.45 on Thursday. The company has a market cap of $16.87 billion, a price-to-earnings ratio of 6.99, a PEG ratio of 5.22 and a beta of 1.18. HP Inc. has a one year low of $17.56 and a one year high of $29.55. The business’s fifty day moving average is $19.67 and its two-hundred day moving average is $23.91.

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

HP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders 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 dividend on an annualized basis and a yield of 6.5%. HP’s payout ratio is presently 45.45%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. TD Cowen reduced their target price on HP from $28.00 to $26.00 and set a “hold” rating for the company in a report on Wednesday, November 26th. Zacks Research cut shares of HP from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Morgan Stanley reduced their price objective on shares of HP from $18.00 to $16.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. UBS Group decreased their price objective on shares of HP from $26.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. Finally, The Goldman Sachs Group lowered their target price on shares of HP from $21.00 to $16.00 and set a “sell” rating on the stock in a research report on Wednesday, February 25th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $21.58.

Insider Transactions at HP

In other news, insider Ketan M. Patel sold 33,321 shares of the firm’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 transaction, the insider directly owned 34,572 shares of the company’s stock, valued at $801,724.68. This trade represents a 49.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.18% of the company’s stock.

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.