Rakuten Investment Management Inc. Makes New Investment in HP Inc. $HPQ

25 Jan 2026, 10:45 by Sarita Garza · The Markets Daily

Rakuten Investment Management Inc. bought a new position in shares of HP Inc. (NYSE:HPQ – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 26,269 shares of the computer maker’s stock, valued at approximately $715,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in HP by 1.9% during the second quarter. Vanguard Group Inc. now owns 126,536,318 shares of the computer maker’s stock worth $3,095,078,000 after buying an additional 2,395,056 shares in the last quarter. Dodge & Cox boosted its stake in shares of HP by 4.6% during the 2nd quarter. Dodge & Cox now owns 34,943,498 shares of the computer maker’s stock worth $854,718,000 after acquiring an additional 1,537,945 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of HP by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 26,187,203 shares of the computer maker’s stock worth $638,720,000 after acquiring an additional 424,544 shares during the period. Invesco Ltd. increased its stake in HP by 15.9% in the 2nd quarter. Invesco Ltd. now owns 13,146,875 shares of the computer maker’s stock valued at $321,573,000 after purchasing an additional 1,806,246 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in HP by 0.6% during the second quarter. Legal & General Group Plc now owns 8,066,521 shares of the computer maker’s stock worth $197,307,000 after purchasing an additional 46,778 shares during the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently weighed in on HPQ shares. Morgan Stanley dropped their price target on HP from $21.00 to $20.00 and set an “underweight” rating for the company in a research report on Wednesday, November 26th. HSBC set a $30.00 target price on shares of HP and gave the company a “buy” rating in a report on Tuesday, October 14th. Hsbc Global Res raised shares of HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. TD Cowen dropped their price objective on shares of HP from $28.00 to $26.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th. Finally, Barclays restated an “underweight” rating and set a $18.00 price objective (down from $24.00) on shares of HP in a research report on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, HP currently has a consensus rating of “Hold” and a consensus price target of $24.77.

View Our Latest Research Report on HPQ

HP Price Performance

Shares of NYSE HPQ opened at $19.42 on Friday. The company has a 50-day simple moving average of $22.95 and a 200-day simple moving average of $25.45. The company has a market cap of $17.82 billion, a PE ratio of 7.33, a price-to-earnings-growth ratio of 3.65 and a beta of 1.21. HP Inc. has a 12 month low of $19.20 and a 12 month high of $35.28.

HP (NYSE:HPQ – Get Free Report) last announced its earnings results on Tuesday, November 25th. The computer maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The firm had revenue of $14.64 billion for the quarter, compared to analyst estimates of $14.50 billion. HP had a net margin of 4.57% and a negative return on equity of 330.68%. HP’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 earnings per share. HP has set its FY 2026 guidance at 2.900-3.200 EPS and its Q1 2026 guidance at 0.730-0.810 EPS. On average, analysts anticipate that HP Inc. will post 3.56 EPS for the current year.

HP Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Thursday, December 11th were issued a $0.30 dividend. This is a positive change from HP’s previous quarterly dividend of $0.29. The ex-dividend date was Thursday, December 11th. This represents a $1.20 annualized dividend and a yield of 6.2%. HP’s dividend payout ratio (DPR) is presently 45.28%.

Insider Activity

In other news, CEO Enrique Lores sold 41,922 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $26.00, for a total transaction of $1,089,972.00. Following the transaction, the chief executive officer directly owned 141,456 shares in the company, valued at $3,677,856. This represents a 22.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Anneliese Olson sold 18,154 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the sale, the insider owned 169 shares of the company’s stock, valued at approximately $4,711.72. The trade was a 99.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 110,123 shares of company stock valued at $2,784,126 in the last 90 days. 0.38% of the stock is currently owned by 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.