Maj Invest Holding A S Has $164 Million Position in HP Inc. $HPQ

Posted by Brenda Bartman on Aug 9th, 2026

Maj Invest Holding A S lowered its position in shares of HP Inc. (NYSE:HPQ – Free Report) by 11.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,474,697 shares of the computer maker’s stock after selling 984,551 shares during the period. HP comprises about 7.5% of Maj Invest Holding A S’s portfolio, making the stock its 4th biggest position. Maj Invest Holding A S owned about 0.82% of HP worth $163,996,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HPQ. DNB Asset Management AS grew its holdings in shares of HP by 242.2% during the fourth quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock worth $236,048,000 after purchasing an additional 7,498,202 shares during the last quarter. Norges Bank bought a new position in HP in the 4th quarter valued at approximately $149,309,000. Arrowstreet Capital Limited Partnership boosted its position in HP by 186.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock worth $228,153,000 after buying an additional 5,449,691 shares during the period. AQR Capital Management LLC boosted its position in HP by 143.4% during the 3rd quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after buying an additional 5,325,260 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in HP by 626.6% during the 4th quarter. Renaissance Technologies LLC now owns 4,948,700 shares of the computer maker’s stock worth $110,257,000 after acquiring an additional 4,267,600 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HPQ has been the subject of several analyst reports. Morgan Stanley raised their price target on shares of HP from $17.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. The Goldman Sachs Group increased their price objective on HP from $16.00 to $19.00 and gave the company a “sell” rating in a report on Tuesday, June 2nd. Wells Fargo & Company raised their target price on HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. Finally, UBS Group lifted their target price on HP from $20.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Two investment 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 MarketBeat.com, HP currently has a consensus rating of “Reduce” and a consensus target price of $23.33.

Get Our Latest Research Report on HPQ

Insider Activity

In related news, insider David P. Mcquarrie sold 10,524 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $27.88, for a total transaction of $293,409.12. Following the sale, the insider owned 71,152 shares in the company, valued at $1,983,717.76. This represents a 12.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 31,572 shares of company stock valued at $847,603. 0.18% of the stock is owned by insiders.

HP Stock Performance

Shares of NYSE HPQ opened at $30.02 on Friday. The company has a market capitalization of $27.45 billion, a P/E ratio of 11.08, a price-to-earnings-growth ratio of 5.07 and a beta of 1.17. HP Inc. has a 52-week low of $17.56 and a 52-week high of $30.06. The company’s 50 day moving average price is $25.00 and its 200-day moving average price is $21.68.

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

HP Dividend Announcement

The firm also recently disclosed 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s payout ratio is currently 44.28%.

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.