BI Asset Management Fondsmaeglerselskab A S Sells 24,161 Shares of HP Inc. $HPQ

Posted by Brenda Bartman on Jun 26th, 2026

BI Asset Management Fondsmaeglerselskab A S trimmed its stake in HP Inc. (NYSE:HPQ – Free Report) by 50.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,734 shares of the computer maker’s stock after selling 24,161 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in HP were worth $456,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Caitlin John LLC acquired a new position in HP during the 3rd quarter worth approximately $30,000. Garner Asset Management Corp acquired a new stake in HP in the fourth quarter valued at approximately $25,000. Flagship Harbor Advisors LLC bought a new stake in shares of HP during the fourth quarter valued at approximately $26,000. SHP Wealth Management bought a new stake in shares of HP during the fourth quarter valued at approximately $26,000. Finally, Union Savings Bank acquired a new position in shares of HP during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 77.53% of the company’s stock.

Insider Activity

In other news, insider David P. Mcquarrie sold 10,524 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $24.68, for a total value of $259,732.32. Following the completion of the sale, the insider owned 92,200 shares in the company, valued at $2,275,496. This represents a 10.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.18% of the stock is currently owned by insiders.

HP Stock Down 1.5%

HPQ stock opened at $22.94 on Friday. HP Inc. has a twelve month low of $17.56 and a twelve month high of $29.65. The stock’s 50 day moving average is $22.83 and its 200-day moving average is $21.19. The firm has a market capitalization of $20.98 billion, a PE ratio of 8.47, a P/E/G ratio of 3.94 and a beta of 1.17.

HP (NYSE:HPQ – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The computer maker reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.14. The business had revenue of $14.41 billion during 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 revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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 anticipate that HP Inc. will post 2.97 earnings per share for the current fiscal year.

HP Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be paid a $0.30 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $1.20 annualized dividend and a dividend yield of 5.2%. HP’s dividend payout ratio is presently 44.28%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. TD Cowen increased their target price on HP from $20.00 to $26.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Wells Fargo & Company upped their price objective on shares of HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. The Goldman Sachs Group raised their price objective on shares of HP from $16.00 to $19.00 and gave the company a “sell” rating in a research note on Tuesday, June 2nd. Bank of America lifted their price objective on shares of HP from $16.00 to $18.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Finally, Citigroup lifted their price objective on shares of HP from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, HP currently has an average rating of “Reduce” and an average target price of $23.33.

Get Our Latest Analysis on HPQ

HP Company Profile

(Free Report)

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.