HP Inc. $HPQ Position Increased by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas boosted its HP Inc. stake by 121.2% in Q4, buying 618,962 shares to hold 1,129,826 shares worth about $25.17 million (≈0.12% of the company).
• HP beat Q4 estimates with $0.81 EPS vs $0.77 and revenue of $14.44 billion (up 6.9% YoY); the company set Q2 guidance of $0.700–$0.760, trades at a PE of 7.64 and yields about 5.9% on an annualized $1.20 dividend.

Teacher Retirement System of Texas raised its holdings in shares of HP Inc. (NYSE:HPQ - Free Report) by 121.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,129,826 shares of the computer maker's stock after buying an additional 618,962 shares during the period. Teacher Retirement System of Texas owned about 0.12% of HP worth $25,173,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new stake in HP during the fourth quarter worth approximately $26,000. Sound Income Strategies LLC boosted its holdings in HP by 97.0% during the fourth quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker's stock worth $27,000 after buying an additional 646 shares in the last quarter. Westfuller Advisors LLC bought a new stake in HP during the third quarter worth approximately $28,000. Caitlin John LLC bought a new stake in HP during the third quarter worth approximately $30,000. Finally, AdvisorNet Financial Inc boosted its holdings in HP by 42.9% during the third quarter. AdvisorNet Financial Inc now owns 1,349 shares of the computer maker's stock worth $37,000 after buying an additional 405 shares in the last quarter. 77.53% of the stock is currently owned by institutional investors.

HP Stock Performance

Shares of NYSE:HPQ opened at $20.17 on Friday. The company has a market cap of $18.45 billion, a PE ratio of 7.64, a price-to-earnings-growth ratio of 5.68 and a beta of 1.11. HP Inc. has a 52 week low of $17.56 and a 52 week high of $29.55. The firm has a 50 day simple moving average of $19.00 and a 200 day simple moving average of $22.05.

HP (NYSE:HPQ - Get Free Report) last released its earnings results on Tuesday, February 24th. The computer maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.04. HP had a net margin of 4.46% and a negative return on equity of 367.41%. The company had revenue of $14.44 billion during the quarter, compared to the consensus estimate of $13.87 billion. During the same quarter in the prior year, the firm earned $0.74 EPS. The company's revenue was up 6.9% compared to the same quarter last year. HP has set its Q2 2026 guidance at 0.700-0.760 EPS. On average, equities analysts predict that HP Inc. will post 2.84 earnings per share for the current year.

HP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were given a $0.30 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $1.20 dividend on an annualized basis and a yield of 5.9%. HP's dividend payout ratio is presently 45.45%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HPQ. Weiss Ratings restated a "hold (c)" rating on shares of HP in a research report on Thursday, January 22nd. Evercore set a $22.00 price target on shares of HP in a research report on Thursday, February 19th. UBS Group reduced their price target on shares of HP from $26.00 to $20.00 and set a "neutral" rating for the company in a research report on Thursday, February 19th. Bank of America restated an "underperform" rating and issued a $20.00 price target (down from $26.00) on shares of HP in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group reduced their price target on shares of HP from $21.00 to $16.00 and set a "sell" rating for the company in a research report on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus target price 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.

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