Railway Pension Investments Ltd Has $36.88 Million Stock Holdings in HP Inc. $HPQ

Railway Pension Investments Ltd lowered its position in shares of HP Inc. (NYSE:HPQ) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,507,615 shares of the computer maker’s stock after selling 16,900 shares during the quarter. Railway Pension Investments Ltd owned approximately 0.16% of HP worth $36,876,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC bought a new stake in HP during the first quarter worth about $179,037,000. Norges Bank bought a new position in shares of HP in the second quarter valued at approximately $91,698,000. Vanguard Group Inc. boosted its holdings in shares of HP by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 126,536,318 shares of the computer maker’s stock worth $3,095,078,000 after acquiring an additional 2,395,056 shares in the last quarter. Schroder Investment Management Group grew its position in HP by 76.2% during the 2nd quarter. Schroder Investment Management Group now owns 4,662,544 shares of the computer maker’s stock worth $114,046,000 after acquiring an additional 2,016,756 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in HP by 19.2% during the 1st quarter. Invesco Ltd. now owns 11,340,629 shares of the computer maker’s stock valued at $314,022,000 after purchasing an additional 1,829,411 shares in the last quarter. 77.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the company. JPMorgan Chase & Co. reduced their price objective on HP from $30.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday. Zacks Research raised shares of HP from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 19th. Bank of America lowered their price objective on shares of HP from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Evercore ISI dropped their target price on shares of HP from $29.00 to $25.00 and set an “in-line” rating for the company in a research note on Wednesday. Finally, Sanford C. Bernstein initiated coverage on shares of HP in a research note on Monday, September 15th. They set a “market perform” rating and a $30.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $25.69.

Insider Transactions at HP

In other news, insider Anneliese Olson sold 18,154 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the transaction, the insider directly owned 169 shares of the company’s stock, valued at $4,711.72. This represents a 99.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Enrique Lores sold 34,282 shares of HP stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the sale, the chief executive officer owned 3 shares in the company, valued at $80.55. This trade represents a 99.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.38% of the stock is currently owned by corporate insiders.

HP Stock Performance

HPQ opened at $24.39 on Friday. The company has a fifty day moving average price of $26.27 and a two-hundred day moving average price of $26.32. The firm has a market capitalization of $22.80 billion, a PE ratio of 8.90, a P/E/G ratio of 2.23 and a beta of 1.28. HP Inc. has a 52 week low of $21.21 and a 52 week high of $36.93.

HP (NYSE:HPQ) last announced its quarterly earnings results on Tuesday, November 25th. The computer maker reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $14.64 billion during the quarter, compared to analysts’ expectations of $14.50 billion. HP had a negative return on equity of 262.03% and a net margin of 4.83%.HP’s revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 EPS. HP has set its FY 2026 guidance at 2.900-3.200 EPS. Q1 2026 guidance at 0.730-0.810 EPS. Equities analysts forecast that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Thursday, December 11th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Thursday, December 11th. This is a boost from HP’s previous quarterly dividend of $0.29. HP’s dividend payout ratio (DPR) is currently 45.28%.

HP Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.