Norges Bank Acquires New Shares in Hewlett Packard Enterprise Company $HPE

Norges Bank acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 7,742,269 shares of the technology company’s stock, valued at approximately $185,969,000.

Several other institutional investors and hedge funds have also modified their holdings of HPE. Jericho Capital Asset Management L.P. acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $416,900,000. Holocene Advisors LP acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $144,468,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Hewlett Packard Enterprise by 475.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,551,715 shares of the technology company’s stock valued at $87,230,000 after purchasing an additional 2,933,972 shares during the last quarter. Ceredex Value Advisors LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $66,664,000. Finally, Analog Century Management LP acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $61,449,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE reported fiscal Q2 revenue of $10.68 billion, up 40% year over year and well above estimates, with EPS of $0.79 also beating expectations. AI server demand, networking strength, and record backlog were the main drivers. HPE surges 25% after blowout earnings, pacing for its best day ever
• Positive Sentiment: Management raised full-year fiscal 2026 guidance and said AI demand is broadening beyond hyperscalers, with the company now seeing a much larger opportunity in enterprise AI, servers, and networking. Hewlett Packard Enterprise Company (HPE) Presents at Bank of America 2026 Global Technology Conference Transcript
• Positive Sentiment: Several Wall Street firms sharply boosted price targets, including Goldman Sachs, Bank of America, JPMorgan, Barclays, Raymond James, and others, signaling rising confidence in HPE’s AI growth story and valuation re-rating. Analyst price target updates
• Positive Sentiment: Commentary across the news flow emphasized that HPE’s Juniper-linked networking strategy and expanding AI backlog could support further upside if execution remains strong. Hewlett Packard Enterprise Sharpening AI And Networking Story After Blowout Quarter
• Neutral Sentiment: HPE also announced a quarterly dividend, which adds some income appeal but is not the main stock catalyst today. Dividend information

Insider Activity at Hewlett Packard Enterprise

In other news, CFO Marie Myers sold 93,583 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the transaction, the chief financial officer owned 204,754 shares in the company, valued at approximately $6,144,667.54. The trade was a 31.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 34,001 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total transaction of $852,745.08. Following the transaction, the executive vice president owned 17,001 shares in the company, valued at approximately $426,385.08. The trade was a 66.67% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 702,402 shares of company stock worth $18,440,171. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $55.17 on Thursday. The company has a market capitalization of $73.20 billion, a PE ratio of 51.56, a price-to-earnings-growth ratio of 1.44 and a beta of 1.42. Hewlett Packard Enterprise Company has a one year low of $17.49 and a one year high of $64.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. The company’s fifty day moving average price is $30.57 and its 200 day moving average price is $25.25.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The business’s quarterly revenue was up 40.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.82) EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. As a group, analysts expect that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.1425 per share. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. Hewlett Packard Enterprise’s payout ratio is presently -300.00%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HPE. Wells Fargo & Company lifted their price objective on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday. Susquehanna lifted their price objective on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday. Raymond James Financial lifted their price objective on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday. Sanford C. Bernstein lifted their target price on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a report on Tuesday. Finally, Morgan Stanley lifted their target price on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a report on Tuesday. Eleven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $64.65.

Hewlett Packard Enterprise Company 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.