V Square Quantitative Management LLC Has $976,000 Stock Position in HP Inc. $HPQ

V Square Quantitative Management LLC increased its stake in HP Inc. (NYSE:HPQ) by 83.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,795 shares of the computer maker’s stock after purchasing an additional 23,100 shares during the period. V Square Quantitative Management LLC’s holdings in HP were worth $976,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Baird Financial Group Inc. grew its stake in HP by 13.1% during the second quarter. Baird Financial Group Inc. now owns 114,169 shares of the computer maker’s stock worth $2,793,000 after buying an additional 13,265 shares in the last quarter. Gamco Investors INC. ET AL raised its position in shares of HP by 2.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 21,230 shares of the computer maker’s stock valued at $519,000 after buying an additional 551 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of HP by 6.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 145,337 shares of the computer maker’s stock worth $3,555,000 after acquiring an additional 8,779 shares during the period. Treasurer of the State of North Carolina boosted its position in shares of HP by 70.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 731,574 shares of the computer maker’s stock worth $17,894,000 after acquiring an additional 302,578 shares in the last quarter. Finally, HUB Investment Partners LLC acquired a new stake in shares of HP during the 2nd quarter worth approximately $233,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

Insiders Place Their Bets

In related news, insider David P. Mcquarrie sold 10,524 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $24.68, for a total transaction of $259,732.32. Following the completion of the transaction, the insider directly owned 92,200 shares of the company’s stock, valued at $2,275,496. This trade represents a 10.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.18% of the stock is owned by insiders.

HP Price Performance

Shares of NYSE HPQ opened at $21.95 on Monday. The company has a 50 day simple moving average of $23.10 and a 200 day simple moving average of $21.07. The firm has a market cap of $20.07 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of 3.70 and a beta of 1.19. HP Inc. has a 1 year low of $17.56 and a 1 year high of $29.65.

HP (NYSE:HPQ) last posted its earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The firm had revenue of $14.41 billion for the quarter, compared to analyst estimates of $13.99 billion. During the same period in the previous year, the firm posted $0.71 EPS. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. As a group, research analysts anticipate that HP Inc. will post 2.98 earnings per share for the current fiscal year.

HP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Wednesday, September 9th. HP’s dividend payout ratio is presently 44.28%.

Analysts Set New Price Targets

Several research analysts have commented on HPQ shares. Barclays boosted their price objective on shares of HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. The Goldman Sachs Group raised their target price on HP from $16.00 to $19.00 and gave the company a “sell” rating in a report on Tuesday, June 2nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of HP in a research note on Monday, May 4th. Wells Fargo & Company upped their price objective on HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. Finally, Citigroup raised their price objective on HP from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $23.33.

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.