Jefferies Financial Group Inc. Acquires Shares of 246,815 HP Inc. $HPQ

Posted by Stanley Muller on Aug 29th, 2026

Jefferies Financial Group Inc. bought a new position in HP Inc. (NYSE:HPQ – Free Report) in the second quarter, HoldingsChannel reports. The firm bought 246,815 shares of the computer maker’s stock, valued at approximately $5,415,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Garner Asset Management Corp purchased a new stake in HP during the fourth quarter worth $25,000. SHP Wealth Management acquired a new stake in HP in the fourth quarter worth about $26,000. Union Savings Bank purchased a new position in shares of HP in the 4th quarter valued at approximately $28,000. DV Equities LLC acquired a new stake in shares of HP during the fourth quarter worth about $29,000. Finally, Aberdeen Wealth Management LLC purchased a new position in shares of HP during the 2nd quarter valued at about $29,000. 77.53% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other HP 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 completion of the transaction, the insider directly owned 39,580 shares in the company, 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 SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 52,620 shares of company stock valued at $1,478,622. 0.18% of the stock is currently owned by insiders.

HP Trading Up 3.1%

NYSE HPQ opened at $30.56 on Friday. The stock has a market capitalization of $27.95 billion, a price-to-earnings ratio of 11.66, a PEG ratio of 4.59 and a beta of 1.17. The stock has a 50-day moving average of $26.38 and a 200 day moving average of $22.76. 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 issued its quarterly earnings data on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, beating the consensus estimate of $0.66 by $0.17. The company had revenue of $15.68 billion for the quarter, compared to analyst estimates of $14.44 billion. HP had a negative return on equity of 947.78% and a net margin of 4.14%.HP’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Equities analysts predict that HP Inc. will post 3.25 EPS for the current fiscal year.

HP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be paid 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 yield of 3.9%. HP’s dividend payout ratio (DPR) is currently 45.80%.

Key HP News

Here are the key news stories impacting HP this week:

Positive Sentiment: HP reported fiscal Q3 revenue of $15.68 billion, up 12.5% year over year and above expectations, while adjusted earnings of $0.83 per share exceeded consensus estimates. Personal Systems revenue increased 18%, helping offset weaker PC unit shipments. HPQ’s Q3 Earnings Surpass Expectations, Revenues Rise Year Over Year
Positive Sentiment: Management raised its fiscal 2026 EPS and free-cash-flow outlook, citing pricing, a richer premium-PC mix and growing demand for AI-enabled PCs. The outlook supports expectations for potential margin recovery into fiscal 2027. HPQ Q3 Earnings Call Puts Focus on Margin Recovery and AI PCs
Positive Sentiment: Several Wall Street analysts boosted their price forecasts after the earnings beat, improving near-term sentiment. HP’s cash generation, dividend and planned share repurchases also remain supportive for investors. HP Analysts Boost Their Forecasts
Neutral Sentiment: HP is pursuing a global Wi-Fi patent agreement, which could help clarify licensing rights and support its connected-device strategy, although the immediate financial impact is unclear. Why Is HP Signing a Global Wi-Fi Patent Deal Now?
Negative Sentiment: Investors remain concerned that rising memory costs, continued PC shipment declines and ongoing margin contraction could limit the durability of HP’s earnings growth. Profit and operating leverage weakened even as revenue rose, creating skepticism after a substantial recent rally. HP Stock Slides as Memory Costs Pressure PC Margins

Wall Street Analyst Weigh In

HPQ has been the subject of several analyst reports. Barclays boosted their price objective on HP from $19.00 to $23.00 and gave the company an “underweight” rating in a report on Friday. Citigroup lifted their price target on HP from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Weiss Ratings upgraded HP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 6th. Sanford C. Bernstein restated a “market perform” rating and issued a $32.00 price objective on shares of HP in a research report on Thursday. Finally, UBS Group lifted their target price on shares of HP from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $25.17.

Check Out Our Latest Analysis on HP

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.