Los Angeles Capital Management LLC Sells 154,284 Shares of Hewlett Packard Enterprise Company $HPE

Los Angeles Capital Management LLC decreased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 20.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 591,350 shares of the technology company’s stock after selling 154,284 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Hewlett Packard Enterprise were worth $14,435,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $26,000. Clearstead Trust LLC raised its stake in Hewlett Packard Enterprise by 93.8% during the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after acquiring an additional 625 shares during the period. Thompson Investment Management Inc. bought a new stake in Hewlett Packard Enterprise during the 4th quarter worth approximately $34,000. JFS Wealth Advisors LLC raised its stake in Hewlett Packard Enterprise by 40.5% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after acquiring an additional 451 shares during the period. Finally, WealthCollab LLC raised its stake in Hewlett Packard Enterprise by 121.8% during the 4th quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock worth $40,000 after acquiring an additional 910 shares during the period. Institutional investors own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In related news, CFO Marie Myers sold 93,583 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total value of $2,808,425.83. Following the completion of the transaction, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. This trade represents a 31.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 34,001 shares of the firm’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total transaction of $852,745.08. Following the completion of the transaction, the executive vice president directly owned 17,001 shares of the company’s stock, valued at approximately $426,385.08. This trade represents a 66.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 702,402 shares of company stock valued at $18,440,171 in the last 90 days. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Trading Down 0.1%

Shares of HPE opened at $49.16 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a 1 year low of $17.49 and a 1 year high of $64.25. The company has a 50 day simple moving average of $31.65 and a two-hundred day simple moving average of $25.67. The firm has a market cap of $65.10 billion, a P/E ratio of 45.95, a price-to-earnings-growth ratio of 0.78 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The business had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same period last year, the firm posted ($0.82) EPS. The company’s revenue was up 40.0% on a year-over-year basis. 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. On average, equities analysts expect that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be issued a $0.1425 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.

Analyst Ratings Changes

A number of research firms have commented on HPE. Wells Fargo & Company raised their target price on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 2nd. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a report on Wednesday. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Susquehanna increased their price objective on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Finally, Barclays increased their price objective on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus price target 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.