Vise Technologies Inc. Invests $1.26 Million in HP Inc. $HPQ

Key Points

• Vise Technologies acquired 57,625 HP shares worth approximately $1.26 million in the second quarter. Institutional investors collectively own 77.53% of HP’s outstanding stock.
• HP reported quarterly earnings of $0.86 per share and revenue of $14.41 billion, beating analyst expectations, while revenue increased 9% year over year. The company issued fiscal 2026 EPS guidance of $2.90–$3.10.
• HP declared a quarterly dividend of $0.30 per share, representing a 4.0% annualized yield. Despite several analysts raising price targets, the stock carries a consensus “Reduce” rating with an average target of $23.50, below its reported $29.76 price.

Vise Technologies Inc. acquired a new stake in shares of HP Inc. (NYSE:HPQ - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 57,625 shares of the computer maker's stock, valued at approximately $1,264,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HPQ. Vanguard Group Inc. raised its stake in HP by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 132,094,388 shares of the computer maker's stock valued at $2,943,063,000 after buying an additional 2,435,634 shares during the last quarter. BlackRock Inc. bought a new position in shares of HP during the 2nd quarter valued at $2,357,757,000. State Street Corp boosted its stake in shares of HP by 5.3% in the 3rd quarter. State Street Corp now owns 52,703,639 shares of the computer maker's stock worth $1,450,245,000 after buying an additional 2,651,623 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of HP by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 27,313,924 shares of the computer maker's stock worth $607,373,000 after acquiring an additional 274,033 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of HP by 31.7% in the fourth quarter. Invesco Ltd. now owns 15,236,428 shares of the computer maker's stock worth $339,468,000 after acquiring an additional 3,671,511 shares during the period. Institutional investors own 77.53% of the company's stock.

HP Price Performance

NYSE:HPQ opened at $29.76 on Friday. HP Inc. has a one year low of $17.56 and a one year high of $32.19. The business has a fifty day moving average price of $25.78 and a 200-day moving average price of $22.40. The firm has a market capitalization of $27.22 billion, a price-to-earnings ratio of 10.98, a price-to-earnings-growth ratio of 5.01 and a beta of 1.17.

HP (NYSE:HPQ - Get Free Report) last released its earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.14. The company had revenue of $14.41 billion for the quarter, compared to the consensus estimate of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.HP's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, equities research analysts expect 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 paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, September 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. HP's payout ratio is 44.28%.

Analyst Upgrades and Downgrades

HPQ has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their target price on HP from $22.00 to $26.00 and gave the company a "neutral" rating in a report on Thursday, May 28th. Weiss Ratings upgraded HP from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, July 6th. Citigroup upped their price target on shares of HP from $20.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, May 28th. UBS Group increased their price objective on shares of HP from $20.00 to $26.00 and gave the stock a "neutral" rating in a research note on Thursday, May 28th. Finally, Morgan Stanley raised their price objective on shares of HP from $17.00 to $19.00 and gave the stock an "underweight" rating in a report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, HP currently has a consensus rating of "Reduce" and an average price target of $23.50.

Insider Activity

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

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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