Nordea Investment Management AB Reduces Stock Position in HP Inc. $HPQ

Nordea Investment Management AB lessened its position in HP Inc. (NYSE:HPQ) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,012,518 shares of the computer maker’s stock after selling 34,036 shares during the period. Nordea Investment Management AB owned 0.11% of HP worth $22,913,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC boosted its holdings in shares of HP by 2,346.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,052 shares of the computer maker’s stock worth $26,000 after purchasing an additional 1,009 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of HP in the second quarter worth about $27,000. Westfuller Advisors LLC purchased a new position in HP during the 3rd quarter valued at about $28,000. Cary Street Partners Investment Advisory LLC raised its position in HP by 72.3% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,220 shares of the computer maker’s stock valued at $30,000 after purchasing an additional 512 shares during the last quarter. Finally, Caitlin John LLC bought a new position in HP during the 3rd quarter valued at approximately $30,000. 77.53% of the stock is owned by institutional investors.

Insider Activity at HP

In other news, insider Ketan M. Patel sold 33,321 shares of the business’s stock in a transaction 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 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.18% of the company’s stock.

HP Stock Performance

HPQ stock opened at $18.90 on Wednesday. HP Inc. has a fifty-two week low of $17.56 and a fifty-two week high of $29.55. The business’s 50 day moving average price is $19.14 and its two-hundred day moving average price is $23.27. The company has a market capitalization of $17.28 billion, a price-to-earnings ratio of 7.16, a price-to-earnings-growth ratio of 5.15 and a beta of 1.18.

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

HP Dividend Announcement

The company also recently disclosed 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 of this dividend is Wednesday, March 11th. This represents a $1.20 annualized dividend and a yield of 6.4%. HP’s dividend payout ratio (DPR) is currently 45.45%.

More HP News

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP unveiled HP IQ, a workplace intelligence layer that coordinates on‑device AI and proximity-based connectivity across HP devices — a product that can drive recurring software/services revenue and stickiness for enterprise customers. HP Imagine 2026: HP Demonstrates Its Vision for a Connected, Intelligent Ecosystem Across Devices and Spaces with the Introduction of HP IQ
• Positive Sentiment: HP announced new high‑performance workstations (including an updated Z8 Fury) supporting up to four NVIDIA Blackwell GPUs and refreshed mobile ZBook designs — signaling a push into local AI compute for enterprise customers and potential upside from premium workstation sales. HP reveals new high-performance PCs able to support up to four Nvidia Blackwell GPUs
• Positive Sentiment: HP introduced HP NearSense (in partnership with Google’s D2DI) to improve cross‑device interoperability — a feature that could ease corporate deployments and help HP compete on ecosystem-level differentiation. HP Imagine 2026: HP Unveils a New Connectivity Experience Set to Advance Cross-Device Interoperability with HP NearSense
• Positive Sentiment: New LaserJet Pro and Enterprise printers feature quantum‑resistant security, faster document digitization and AI workflow tools — an upgrade cycle opportunity for SMBs and enterprises with potential to protect and extend printer ASPs. HP Imagine 2026: HP Introduces LaserJet Portfolio with Quantum-Resistant Security and Faster Document Digitization
• Neutral Sentiment: Analysts and outlets note HP’s strategy aligns it to capture the office AI refresh cycle and that operations may map to S&P 500 fund market structure — a structural point that could influence index flows but is not an immediate revenue driver. HP (NYSE:HPQ) Operations Align With S&P 500 Fund Market Structure
• Negative Sentiment: Despite the product slate, analyst coverage remains cautious — HP received an average “Reduce” rating from analysts, which can limit near‑term price upside until earnings/growth visibility improves. HP Inc. (NYSE:HPQ) Receives Average Rating of “Reduce” from Analysts

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HPQ shares. Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research report on Thursday, January 22nd. Barclays decreased their target price on HP from $18.00 to $16.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Wells Fargo & Company dropped their price target on HP from $25.00 to $18.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. Argus upgraded shares of HP to a “strong-buy” rating in a report on Tuesday, December 2nd. Finally, JPMorgan Chase & Co. reduced their price objective on shares of HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $21.58.

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.