OMERS ADMINISTRATION Corp Purchases New Shares in HP Inc. $HPQ

Posted by George Bondi on Aug 26th, 2026

OMERS ADMINISTRATION Corp acquired a new position in HP Inc. (NYSE:HPQ – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 178,172 shares of the computer maker’s stock, valued at approximately $3,909,000.

A number of other hedge funds have also recently modified their holdings of HPQ. Garner Asset Management Corp bought a new position in shares of HP during the fourth quarter valued at $25,000. SHP Wealth Management purchased a new position in shares of HP in the 4th quarter worth about $26,000. Union Savings Bank bought a new position in HP in the 4th quarter worth about $28,000. DV Equities LLC purchased a new stake in HP during the 4th quarter valued at about $29,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in HP during the 4th quarter valued at about $32,000. Institutional investors own 77.53% of the company’s stock.

Insiders Place Their Bets

In other HP news, insider David P. Mcquarrie sold 21,048 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $29.98, for a total value of $631,019.04. Following the transaction, the insider directly owned 39,580 shares in the company, valued at approximately $1,186,608.40. This trade represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 52,620 shares of company stock valued at $1,478,622 in the last 90 days. 0.18% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Weiss Ratings raised shares of HP from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 6th. 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 research report on Thursday, May 28th. Wells Fargo & Company boosted 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. Citigroup lifted their target price on shares of HP from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Finally, UBS Group boosted their target price on shares of HP from $20.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Two research 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $24.17.

View Our Latest Analysis on HPQ

HP Stock Up 3.4%

HP stock opened at $29.56 on Wednesday. HP Inc. has a 52-week low of $17.56 and a 52-week high of $32.19. The company has a market cap of $27.04 billion, a P/E ratio of 10.91, a P/E/G ratio of 4.74 and a beta of 1.17. The business has a 50-day simple moving average of $25.96 and a two-hundred day simple moving average of $22.55.

HP (NYSE:HPQ – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.14. The firm had revenue of $14.41 billion for the quarter, compared to analysts’ expectations of $13.99 billion. HP had a net margin of 4.45% and a negative return on equity of 581.36%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 EPS. Research analysts anticipate that HP Inc. will post 3.03 EPS for the current fiscal year.

HP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 9th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, September 9th. HP’s dividend payout ratio is currently 44.28%.

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.