Quantbot Technologies LP Purchases New Holdings in HP Inc. $HPQ

Posted by Francis Steltz on Aug 26th, 2026

Quantbot Technologies LP acquired a new position in HP Inc. (NYSE:HPQ – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 48,166 shares of the computer maker’s stock, valued at approximately $1,057,000.

Other large investors also recently added to or reduced their stakes in the company. Baird Financial Group Inc. lifted its position in shares of HP by 13.1% in the second quarter. Baird Financial Group Inc. now owns 114,169 shares of the computer maker’s stock worth $2,793,000 after purchasing an additional 13,265 shares in the last quarter. Gamco Investors INC. ET AL grew its position in HP by 2.7% during the second quarter. Gamco Investors INC. ET AL now owns 21,230 shares of the computer maker’s stock valued at $519,000 after purchasing an additional 551 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in HP by 6.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 145,337 shares of the computer maker’s stock valued at $3,555,000 after buying an additional 8,779 shares during the period. Treasurer of the State of North Carolina lifted its position in HP by 70.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 731,574 shares of the computer maker’s stock worth $17,894,000 after buying an additional 302,578 shares in the last quarter. Finally, HUB Investment Partners LLC purchased a new stake in HP in the 2nd quarter worth approximately $233,000. 77.53% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider David P. Mcquarrie sold 21,048 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $29.98, for a total transaction of $631,019.04. Following the transaction, the insider owned 39,580 shares of the company’s stock, valued at approximately $1,186,608.40. This represents a 34.72% decrease in their position. The sale 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. In the last ninety days, insiders sold 52,620 shares of company stock worth $1,478,622. Corporate insiders own 0.18% of the company’s stock.

HP Stock Up 3.4%

Shares of HPQ opened at $29.56 on Wednesday. The firm has a market cap of $27.04 billion, a price-to-earnings ratio of 10.91, a price-to-earnings-growth ratio of 4.74 and a beta of 1.17. The company’s fifty day moving average is $25.96 and its 200-day moving average is $22.55. HP Inc. has a 12 month low of $17.56 and a 12 month high of $32.19.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. The firm had revenue of $14.41 billion during 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%. HP’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.71 earnings per share. As a group, research analysts predict that HP Inc. will post 3.03 earnings per share for the current fiscal year.

HP Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have recently commented on HPQ. Evercore set a $32.00 price target on shares of HP in a report on Monday. TD Cowen increased their price objective on HP from $20.00 to $26.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Wells Fargo & Company lifted their price objective on HP from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday, May 28th. Citigroup boosted their target price on HP from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Finally, Morgan Stanley cut their price target on HP from $19.00 to $17.00 and set an “underweight” rating for the company in a research note on Monday. Two 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. Based on data from MarketBeat.com, HP has a consensus rating of “Reduce” and a consensus price target of $24.17.

Get Our Latest Stock Analysis on HPQ

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.