Rakuten Investment Management Inc. Invests $3.39 Million in HP Inc. $HPQ

Posted by Brenda Bartman on Aug 31st, 2026

Rakuten Investment Management Inc. purchased a new stake in HP Inc. (NYSE:HPQ – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 149,585 shares of the computer maker’s stock, valued at approximately $3,387,000.

Other institutional investors have also modified their holdings of the company. Glenview Trust Co acquired a new stake in HP during the second quarter worth about $348,000. Empowered Funds LLC acquired a new position in HP in the second quarter valued at approximately $11,860,000. United Capital Financial Advisors LLC acquired a new position in HP in the second quarter valued at approximately $615,000. FSA Advisors Inc. bought a new position in shares of HP during the second quarter valued at approximately $321,000. Finally, Jefferies Financial Group Inc. bought a new position in shares of HP during the second quarter valued at approximately $5,415,000. Institutional investors own 77.53% of the company’s stock.

Insiders Place Their Bets

In related 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 in the company, valued at $1,186,608.40. This represents a 34.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 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 valued at $1,478,622 over the last three months. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HPQ. Wells Fargo & Company increased their price target on HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. Bank of America restated an “underperform” rating on shares of HP in a research note on Thursday. TD Cowen increased their target price on HP from $26.00 to $30.00 and gave the stock a “hold” rating in a research report on Thursday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $32.00 target price on shares of HP in a research note on Thursday. Finally, Evercore set a $32.00 price target on shares of HP in a report on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $25.17.

Check Out Our Latest Research Report on HPQ

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

HP Trading Up 0.1%

Shares of NYSE HPQ opened at $30.56 on Monday. HP Inc. has a 12-month low of $17.56 and a 12-month high of $32.19. The company has a market cap of $27.95 billion, a PE ratio of 11.66, a P/E/G ratio of 3.23 and a beta of 1.17. The stock has a 50 day simple moving average of $26.38 and a 200-day simple moving average of $22.78.

HP (NYSE:HPQ – Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, beating the consensus estimate of $0.66 by $0.17. HP had a negative return on equity of 947.78% and a net margin of 4.14%.The firm had revenue of $15.68 billion for the quarter, compared to analysts’ expectations of $14.44 billion. During the same period last year, the firm earned $0.75 EPS. The firm’s revenue was up 12.5% compared to the same quarter last year. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. Sell-side analysts forecast that HP Inc. will post 3.25 earnings per share for the current fiscal year.

HP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Wednesday, September 9th. HP’s payout ratio is currently 45.80%.

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.