First Trust Advisors LP Has $155.54 Million Stock Position in HP Inc. $HPQ

Posted by George Bondi on Jul 24th, 2026

First Trust Advisors LP increased its stake in HP Inc. (NYSE:HPQ – Free Report) by 47.7% in the first quarter, Holdings Channel.com reports. The firm owned 8,096,864 shares of the computer maker’s stock after purchasing an additional 2,614,573 shares during the quarter. First Trust Advisors LP’s holdings in HP were worth $155,541,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Garner Asset Management Corp bought a new stake in HP in the 4th quarter valued at $25,000. Flagship Harbor Advisors LLC bought a new stake in shares of HP during the 4th quarter worth approximately $26,000. SHP Wealth Management acquired a new stake in HP in the fourth quarter valued at about $26,000. Union Savings Bank acquired a new position in shares of HP during the fourth quarter worth $28,000. Finally, DV Equities LLC acquired a new stake in HP during the 4th quarter worth approximately $29,000. Institutional investors own 77.53% of the company’s stock.

Insider Buying and Selling at HP

In related 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 transaction, the insider owned 92,200 shares of the company’s stock, valued at approximately $2,275,496. This trade represents a 10.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.18% of the stock is owned by company insiders.

HP Stock Performance

Shares of HP stock opened at $24.57 on Friday. The stock has a market capitalization of $22.47 billion, a PE ratio of 9.07, a price-to-earnings-growth ratio of 4.23 and a beta of 1.19. HP Inc. has a 52-week low of $17.56 and a 52-week high of $29.65. The company has a 50-day simple moving average of $24.04 and a two-hundred day simple moving average of $21.17.

HP (NYSE:HPQ – Get Free Report) last released its quarterly 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. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The firm had revenue of $14.41 billion for the quarter, compared to analysts’ expectations of $13.99 billion. During the same period in the prior year, the firm earned $0.71 EPS. The company’s 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. As a group, equities research analysts forecast that HP Inc. will post 2.98 EPS for the current fiscal year.

HP Announces Dividend

The firm 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. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. HP’s dividend payout ratio is presently 44.28%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wall Street Zen lowered HP from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. The Goldman Sachs Group increased their target price on shares of HP from $16.00 to $19.00 and gave the company a “sell” rating in a report on Tuesday, June 2nd. UBS Group increased their target price on shares of HP from $20.00 to $26.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Barclays boosted their price target on shares of HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. raised their price target on shares of HP from $22.00 to $26.00 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 assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $23.33.

Get Our Latest Analysis on HP

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.