Public Employees Retirement System of Ohio Acquires Shares of 328,070 HP Inc. $HPQ

Posted by Brian Himes on Sep 2nd, 2026

Public Employees Retirement System of Ohio acquired a new stake in shares of HP Inc. (NYSE:HPQ – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 328,070 shares of the computer maker’s stock, valued at approximately $7,198,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in HP in the 2nd quarter valued at $2,357,757,000. Primecap Management Co. CA bought a new position in shares of HP during the 2nd quarter valued at about $545,984,000. Legal & General Group Plc purchased a new position in shares of HP during the second quarter valued at about $180,689,000. DNB Asset Management AS increased its holdings in shares of HP by 242.2% in the fourth quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock worth $236,048,000 after purchasing an additional 7,498,202 shares during the last quarter. Finally, Man Group plc bought a new stake in shares of HP in the second quarter worth about $149,223,000. Institutional investors own 77.53% of the company’s stock.

Insider Activity at HP

In related news, insider David P. Mcquarrie sold 21,048 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $29.98, for a total transaction of $631,019.04. Following 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 position. The sale was disclosed in a document filed 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 three months, insiders have sold 52,620 shares of company stock worth $1,478,622. 0.18% of the stock is currently owned by insiders.

HP Price Performance

Shares of HPQ stock opened at $31.37 on Wednesday. The company has a market cap of $28.29 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 1.56 and a beta of 1.18. HP Inc. has a 1 year low of $17.56 and a 1 year high of $32.19. The stock’s 50 day simple moving average is $26.66 and its two-hundred day simple moving average is $22.94.

HP (NYSE:HPQ – Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter in the previous year, the business earned $0.75 EPS. The company’s quarterly revenue was up 12.5% on a year-over-year basis. 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 research analysts expect that HP Inc. will post 3.23 EPS for the current year.

HP Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders 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 annualized dividend and a dividend yield of 3.8%. HP’s dividend payout ratio is currently 45.80%.

Wall Street Analysts Forecast Growth

HPQ has been the subject of a number of research reports. Sanford C. Bernstein reissued a “market perform” rating and set a $32.00 price target on shares of HP in a research note on Thursday, August 27th. TD Cowen upped their price objective on HP from $26.00 to $30.00 and gave the stock a “hold” rating in a report on Thursday, August 27th. Citigroup raised their target price on shares of HP from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Weiss Ratings upgraded shares of HP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 6th. Finally, UBS Group upped their price target on shares of HP from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $25.17.

View Our Latest Research Report on HP

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.