Sigma Planning Corp Makes New $1.46 Million Investment in HP Inc. $HPQ

Posted by on Jul 18th, 2026

Sigma Planning Corp purchased a new stake in HP Inc. (NYSE:HPQ – Free Report) in the first quarter, HoldingsChannel reports. The firm purchased 75,949 shares of the computer maker’s stock, valued at approximately $1,459,000.

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

Insider Buying and Selling

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

Analyst Ratings Changes

HPQ has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on HP from $22.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Weiss Ratings raised shares of HP from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 6th. TD Cowen boosted their target price on shares of HP from $20.00 to $26.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Barclays upped their price target on shares of HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Finally, Wells Fargo & Company lifted their price objective on shares of HP from $18.00 to $20.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, HP currently has a consensus rating of “Reduce” and an average target price of $23.33.

Read Our Latest Analysis on HP

HP Stock Up 2.9%

NYSE:HPQ opened at $24.84 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 simple moving average is $23.76 and its 200 day simple moving average is $21.12. The firm has a market capitalization of $22.71 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 4.07 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 the consensus estimate of $0.72 by $0.14. The firm 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%.The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm 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, analysts anticipate that HP Inc. will post 2.98 EPS 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 $0.30 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $1.20 annualized dividend and a yield of 4.8%. HP’s dividend payout ratio is presently 44.28%.

About HP

(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.

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Institutional Ownership by Quarter for HP (NYSE:HPQ)

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