Two Sigma Securities LLC Purchases 67,309 Shares of HP Inc. $HPQ

Key Points

• Two Sigma Securities increased its HP stake by 341.9% in the second quarter, adding 67,309 shares for a total holding of 86,996 shares valued at approximately $1.9 million. Institutional investors collectively own 77.53% of HP.
• HP reported a strong fiscal third quarter, with revenue rising 12.5% year over year to $15.68 billion and adjusted EPS of $0.83, beating analyst estimates. Management also raised its fiscal 2026 EPS and free-cash-flow outlook, citing demand for premium and AI-enabled PCs.
• Despite improved earnings and analyst price-target increases, HP faces concerns over rising memory costs, declining PC shipments and margin pressure. Analysts maintain a consensus “Reduce” rating with a $25.17 price target, while HP offers a $0.30 quarterly dividend, yielding about 3.9%.

Two Sigma Securities LLC boosted its position in shares of HP Inc. (NYSE:HPQ - Free Report) by 341.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,996 shares of the computer maker's stock after acquiring an additional 67,309 shares during the period. Two Sigma Securities LLC's holdings in HP were worth $1,909,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Callan Family Office LLC acquired a new position in HP during the 2nd quarter valued at $3,029,000. PFA Pension Forsikringsaktieselskab bought a new position in shares of HP during the 4th quarter worth about $31,899,000. BlackRock Inc. bought a new position in shares of HP during the 2nd quarter worth about $2,357,757,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of HP by 5.5% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,977,716 shares of the computer maker's stock valued at $43,747,000 after buying an additional 103,175 shares during the last quarter. Finally, BNP Paribas lifted its stake in shares of HP by 8,978.0% in the fourth quarter. BNP Paribas now owns 129,725 shares of the computer maker's stock valued at $2,891,000 after buying an additional 128,296 shares during the period. Institutional investors and hedge funds own 77.53% of the company's stock.

Insider Transactions at HP

In other HP news, insider David P. Mcquarrie sold 21,048 shares of HP stock in a transaction on Friday, August 7th. The stock was sold at an average price of $29.98, for a total transaction of $631,019.04. Following the completion of the transaction, the insider directly owned 39,580 shares of the company's stock, valued at approximately $1,186,608.40. This trade represents a 34.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 52,620 shares of company stock worth $1,478,622 in the last three months. Corporate insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

HPQ has been the topic of several research reports. Wells Fargo & Company boosted their price target on HP from $18.00 to $20.00 and gave the company an "underweight" rating in a research note on Thursday, May 28th. Wall Street Zen raised HP from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. Citigroup boosted their price objective on HP from $20.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, May 28th. UBS Group upped their target price on HP from $26.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday. Finally, Barclays raised their target price on HP from $19.00 to $23.00 and gave the stock an "underweight" rating in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, HP presently has a consensus rating of "Reduce" and a consensus target price of $25.17.

Key Headlines Impacting HP

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP reported fiscal Q3 revenue of $15.68 billion, up 12.5% year over year and above expectations, while adjusted earnings of $0.83 per share exceeded consensus estimates. Personal Systems revenue increased 18%, helping offset weaker PC unit shipments. HPQ's Q3 Earnings Surpass Expectations, Revenues Rise Year Over Year
• Positive Sentiment: Management raised its fiscal 2026 EPS and free-cash-flow outlook, citing pricing, a richer premium-PC mix and growing demand for AI-enabled PCs. The outlook supports expectations for potential margin recovery into fiscal 2027. HPQ Q3 Earnings Call Puts Focus on Margin Recovery and AI PCs
• Positive Sentiment: Several Wall Street analysts boosted their price forecasts after the earnings beat, improving near-term sentiment. HP’s cash generation, dividend and planned share repurchases also remain supportive for investors. HP Analysts Boost Their Forecasts
• Neutral Sentiment: HP is pursuing a global Wi-Fi patent agreement, which could help clarify licensing rights and support its connected-device strategy, although the immediate financial impact is unclear. Why Is HP Signing a Global Wi-Fi Patent Deal Now?
• Negative Sentiment: Investors remain concerned that rising memory costs, continued PC shipment declines and ongoing margin contraction could limit the durability of HP’s earnings growth. Profit and operating leverage weakened even as revenue rose, creating skepticism after a substantial recent rally. HP Stock Slides as Memory Costs Pressure PC Margins

HP Stock Up 0.1%

Shares of HPQ opened at $30.56 on Monday. The company has a 50-day moving average price of $26.38 and a two-hundred day moving average price of $22.78. The stock has a market cap of $27.95 billion, a price-to-earnings ratio of 11.66, a P/E/G ratio of 3.23 and a beta of 1.17. HP Inc. has a 12 month low of $17.56 and a 12 month high of $32.19.

HP (NYSE:HPQ - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.17. The company had revenue of $15.68 billion for the quarter, compared to analyst estimates of $14.44 billion. HP had a negative return on equity of 947.78% and a net margin of 4.14%.The company's revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 EPS. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Equities research analysts expect that HP Inc. will post 3.25 EPS for the current fiscal year.

HP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.9%. The ex-dividend date is Wednesday, September 9th. HP's dividend payout ratio is currently 45.80%.

About HP

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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