Heron Bay Capital Management Invests $1.49 Million in HP Inc. $HPQ

Posted by Brenda Bartman on Aug 22nd, 2026

Heron Bay Capital Management purchased a new stake in shares of HP Inc. (NYSE:HPQ – Free Report) during the second quarter, Holdings Channel reports. The firm purchased 68,029 shares of the computer maker’s stock, valued at approximately $1,493,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of HP by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 132,094,388 shares of the computer maker’s stock valued at $2,943,063,000 after purchasing an additional 2,435,634 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in shares of HP during the fourth quarter valued at about $31,899,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in HP by 5.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,977,716 shares of the computer maker’s stock worth $43,747,000 after buying an additional 103,175 shares in the last quarter. BNP Paribas raised its stake in HP by 8,978.0% in the fourth quarter. BNP Paribas now owns 129,725 shares of the computer maker’s stock worth $2,891,000 after buying an additional 128,296 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in HP in the fourth quarter worth about $7,939,000. Institutional investors own 77.53% of the company’s stock.

HP Stock Up 1.0%

HPQ stock opened at $29.76 on Friday. The business’s 50-day moving average price is $25.78 and its 200-day moving average price is $22.40. The stock has a market cap of $27.22 billion, a P/E ratio of 10.98, a PEG ratio of 4.97 and a beta of 1.17. HP Inc. has a twelve month low of $17.56 and a twelve month high of $32.19.

HP (NYSE:HPQ – Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The computer maker reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The company had revenue of $14.41 billion for the quarter, compared to analysts’ expectations of $13.99 billion. During the same period in the previous year, the firm earned $0.71 EPS. The firm’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. On average, equities research analysts expect that HP Inc. will post 2.98 earnings per share for the current fiscal year.

HP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, September 9th. HP’s payout ratio is currently 44.28%.

Analyst Ratings Changes

Several brokerages recently issued reports on HPQ. Barclays increased their price target on shares of HP from $16.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, May 28th. Citigroup boosted their price objective on shares of HP from $20.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Morgan Stanley upped their price objective on shares of HP from $17.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. UBS Group raised 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. Finally, Weiss Ratings upgraded shares of HP from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $23.50.

Get Our Latest Analysis on HPQ

Insider Transactions at HP

In related news, insider David P. Mcquarrie sold 21,048 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $29.98, for a total transaction of $631,019.04. Following the sale, the insider owned 39,580 shares of the company’s stock, valued at $1,186,608.40. This represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,620 shares of company stock worth $1,478,622 over the last quarter. 0.18% of the stock is owned by corporate insiders.

About HP

(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.