Sterling Capital Management LLC Decreases Stock Position in HP Inc. $HPQ

Posted by Geri Gentry on Jul 3rd, 2026

Sterling Capital Management LLC cut its position in HP Inc. (NYSE:HPQ – Free Report) by 44.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,395 shares of the computer maker’s stock after selling 24,953 shares during the period. Sterling Capital Management LLC’s holdings in HP were worth $603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Garner Asset Management Corp purchased a new position in HP in the 4th quarter valued at $25,000. Flagship Harbor Advisors LLC purchased a new stake in shares of HP during the fourth quarter worth $26,000. SHP Wealth Management purchased a new stake in shares of HP during the fourth quarter worth $26,000. Sound Income Strategies LLC raised its position in shares of HP by 97.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,312 shares of the computer maker’s stock valued at $27,000 after buying an additional 646 shares during the last quarter. Finally, Union Savings Bank acquired a new stake in shares of HP in the fourth quarter valued at about $28,000. 77.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at HP

In related news, insider David P. Mcquarrie sold 10,524 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $24.68, for a total value of $259,732.32. Following the transaction, the insider directly owned 92,200 shares in the company, valued at approximately $2,275,496. This represents a 10.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.18% of the company’s stock.

HP Trading Down 0.3%

Shares of HPQ opened at $21.95 on Friday. HP Inc. has a 12-month low of $17.56 and a 12-month high of $29.65. The firm has a 50-day moving average price of $23.07 and a 200 day moving average price of $21.08. The firm has a market capitalization of $20.07 billion, a P/E ratio of 8.10, a P/E/G ratio of 3.72 and a beta of 1.19.

HP (NYSE:HPQ – Get Free Report) last issued its earnings results on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The company had revenue of $14.41 billion for the quarter, compared to the consensus estimate of $13.99 billion. During the same period in the previous year, the firm earned $0.71 earnings per share. HP’s quarterly revenue was up 9.0% compared to the same quarter last year. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. Equities research analysts predict that HP Inc. will post 2.98 earnings per share for the current fiscal year.

HP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Wednesday, September 9th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s payout ratio is presently 44.28%.

Analyst Ratings Changes

HPQ has been the topic of a number of recent research reports. TD Cowen boosted their price target on shares of HP from $20.00 to $26.00 and gave the stock a “hold” 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 company a “neutral” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. raised their target price on shares of HP from $22.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Barclays upped their price target on HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of HP in a report on Monday, May 4th. Two equities 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 presently has a consensus rating of “Reduce” and a consensus price target of $23.33.

View Our Latest Stock Analysis on HPQ

HP 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.