2,245,695 Shares in HP Inc. $HPQ Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Posted by Francis Steltz on Aug 20th, 2026

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in HP Inc. (NYSE:HPQ – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,245,695 shares of the computer maker’s stock, valued at approximately $49,271,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.25% of HP as of its most recent SEC filing.

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

Analyst Ratings Changes

HPQ has been the subject of several analyst reports. UBS Group lifted their price objective on HP from $20.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Morgan Stanley increased their target price on HP from $17.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. raised their price target on HP from $22.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Barclays boosted their price target on HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Finally, Citigroup upped their price objective 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. Two equities 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 company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $23.50.

Get Our Latest Stock Report on HP

Insider Buying and Selling

In other news, insider David P. Mcquarrie sold 21,048 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $29.98, for a total value of $631,019.04. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,620 shares of company stock worth $1,478,622 over the last three months. 0.18% of the stock is currently owned by insiders.

HP Price Performance

Shares of HPQ opened at $29.99 on Thursday. HP Inc. has a one year low of $17.56 and a one year high of $32.19. The company has a market cap of $27.43 billion, a P/E ratio of 11.07, a P/E/G ratio of 5.05 and a beta of 1.17. The firm has a 50 day simple moving average of $25.59 and a two-hundred day simple moving average of $22.28.

HP (NYSE:HPQ – Get Free Report) last released its earnings results 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. 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 during the quarter, compared to analysts’ expectations of $13.99 billion. During the same period in the prior year, the company earned $0.71 earnings per share. The company’s quarterly revenue was up 9.0% on a year-over-year basis. 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 expect that HP Inc. will post 2.98 earnings per share for the current fiscal year.

HP Announces Dividend

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 given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date 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.