MUFG Securities EMEA plc Has $854,000 Position in HP Inc. $HPQ

MUFG Securities EMEA plc grew its stake in shares of HP Inc. (NYSE:HPQ) by 113.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 38,319 shares of the computer maker’s stock after buying an additional 20,341 shares during the period. MUFG Securities EMEA plc’s holdings in HP were worth $854,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Impact Partnership Wealth LLC raised its position in shares of HP by 264.7% during the fourth quarter. Impact Partnership Wealth LLC now owns 56,434 shares of the computer maker’s stock valued at $1,257,000 after buying an additional 40,962 shares during the last quarter. Forsta AP Fonden raised its position in shares of HP by 0.7% during the fourth quarter. Forsta AP Fonden now owns 210,800 shares of the computer maker’s stock valued at $4,697,000 after buying an additional 1,500 shares during the last quarter. Norges Bank acquired a new position in shares of HP during the fourth quarter valued at about $149,309,000. Eurizon Capital SGR S.p.A. acquired a new position in HP in the fourth quarter worth about $7,939,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in HP in the fourth quarter worth about $65,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

HP Trading Down 4.6%

Shares of HP stock opened at $26.05 on Thursday. The stock has a market capitalization of $23.82 billion, a price-to-earnings ratio of 9.61, a P/E/G ratio of 4.60 and a beta of 1.17. HP Inc. has a 1-year low of $17.56 and a 1-year high of $29.65. The firm’s 50-day moving average price is $21.14 and its two-hundred day moving average price is $21.17.

HP (NYSE:HPQ) last issued its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.14. The firm had revenue of $14.41 billion for the quarter, compared to analysts’ expectations of $13.99 billion. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 earnings per share. 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, equities research analysts predict that HP Inc. will post 2.98 EPS for the current year.

HP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, June 10th. HP’s dividend payout ratio is currently 44.28%.

Wall Street Analysts Forecast Growth

HPQ has been the subject of several recent research reports. The Goldman Sachs Group increased their price target on shares of HP from $16.00 to $19.00 and gave the stock a “sell” rating in a research report on Tuesday. Wells Fargo & Company increased their price target on shares of HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. Citigroup boosted their price target on HP from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Morgan Stanley boosted their price target on HP from $17.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Finally, Bank of America boosted their price target on HP from $16.00 to $18.00 and gave the company an “underperform” rating in a research note on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, HP presently has a consensus rating of “Reduce” and an average 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.