Forsta AP Fonden Acquires 100,200 Shares of Hewlett Packard Enterprise Company $HPE

Forsta AP Fonden grew its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 34.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 390,400 shares of the technology company’s stock after acquiring an additional 100,200 shares during the quarter. Forsta AP Fonden’s holdings in Hewlett Packard Enterprise were worth $9,377,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Norges Bank bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $185,969,000. Cornerstone Select Advisors LLC boosted its position in shares of Hewlett Packard Enterprise by 3.2% during the 4th quarter. Cornerstone Select Advisors LLC now owns 41,638 shares of the technology company’s stock valued at $1,000,000 after acquiring an additional 1,286 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $29,306,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $98,000. Finally, JTC Employer Solutions Trustee Ltd bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $1,237,000. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE opened at $43.07 on Monday. The stock has a market cap of $57.14 billion, a price-to-earnings ratio of -226.67, a P/E/G ratio of 1.10 and a beta of 1.42. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. Hewlett Packard Enterprise Company has a 1-year low of $17.02 and a 1-year high of $44.58. The stock’s 50-day moving average is $28.73 and its 200 day moving average is $24.63.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion for the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.Hewlett Packard Enterprise’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period last year, the firm posted $0.49 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. On average, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 1.97 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is -300.00%.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total value of $188,626.20. Following the transaction, the director directly owned 8,018 shares of the company’s stock, valued at $233,323.80. The trade was a 44.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 112,652 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total value of $2,826,438.68. Following the transaction, the executive vice president directly owned 56,494 shares in the company, valued at $1,417,434.46. This trade represents a 66.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

HPE has been the subject of a number of research analyst reports. Morgan Stanley lifted their price target on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. Bank of America lifted their price target on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Raymond James Financial reiterated an “outperform” rating and set a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Monday, May 25th. Finally, Truist Financial assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a “buy” rating and a $31.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $27.88.

More Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE is getting a lift from a broader rally in AI and server-related names after Dell’s strong first-quarter results pointed to robust demand for AI infrastructure, which has helped boost sentiment for peers like HPE. Stock Market Today, May 29: Hewlett Packard Enterprise Surges After Dell AI Server Results Spark Sector Rally
• Positive Sentiment: Heavy call-option buying suggests traders are positioning for more upside, with unusually large bullish activity signaling rising speculation ahead of earnings. Hewlett Packard Enterprise Co (HPE) Shares Surge 12.6% — What GF Score of 76 Tells Investors
• Positive Sentiment: Analysts and market chatter are focused on HPE’s upcoming quarterly results, with expectations centered on whether the company can show continued AI-related strength and guide positively. Hewlett Packard Enterprise Q2 earnings on deck: What to expect
• Neutral Sentiment: HPE also announced an expanded partnership with Rowan University to support research and campus technology initiatives, a positive strategic development but not an immediate stock-moving catalyst. HPE and Rowan University Expand Partnership to Accelerate Research and Strengthen Student Workforce Readiness
• Neutral Sentiment: Commentary noting HPE’s recent surge and strong momentum supports the view that investors are re-rating the stock higher ahead of earnings, but it does not add a new fundamental catalyst on its own. Hewlett Packard Enterprise (HPE) stock trades up, here is why

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.