Totem Point Management LLC purchased a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 406,506 shares of the technology company’s stock, valued at approximately $9,764,000. Hewlett Packard Enterprise makes up 9.7% of Totem Point Management LLC’s investment portfolio, making the stock its 7th largest position.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HPE. Empowered Funds LLC grew its position in Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after acquiring an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after acquiring an additional 1,377 shares in the last quarter. Brown Advisory Inc. grew its position in Hewlett Packard Enterprise by 4.4% in the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after acquiring an additional 996 shares in the last quarter. Jump Financial LLC grew its position in Hewlett Packard Enterprise by 25.8% in the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock worth $320,000 after acquiring an additional 3,215 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new position in Hewlett Packard Enterprise in the second quarter worth $207,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other news, Director Bethany Mayer sold 6,482 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the transaction, the director directly owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. This represents a 44.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the company’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 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Check Out Our Latest Research Report on HPE
Key Stories Impacting Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE announced expanded industry collaborations to advance quantum computing at scale, pairing its high-performance computing and networking expertise with partners to develop future hybrid classical-quantum applications. HPE Advances Quantum Computing at Scale With Expanded Industry Collaborations
- Positive Sentiment: CloudCasa expanded its HPE partnership with a new disaster recovery solution for Kubernetes powered by HPE Alletra Storage MP B10000, highlighting continued ecosystem traction around HPE storage and hybrid cloud offerings. CloudCasa Expands HPE Partnership with Disaster Recovery for Kubernetes Powered by HPE Alletra Storage MP B10000
- Positive Sentiment: WEI was named 2026 HPE North America Partner of the Year, underscoring strength in HPE GreenLake, private cloud, and hybrid cloud transformation, which may signal healthy partner momentum. WEI Named 2026 HPE North America Partner of the Year
- Positive Sentiment: HPE was highlighted in a bullish “Bull of the Day” article and saw unusually large call-option buying, suggesting traders are positioning for further upside. Bull of the Day: Hewlett Packard (HPE)
- Neutral Sentiment: Additional market commentary questioned whether HPE is outperforming the technology sector and whether its next major inflection point may not arrive until 2027, which keeps some longer-term uncertainty in view. Hewlett Packard Enterprise: The Inflection Opportunity Is Clear… But Only For 2027
Hewlett Packard Enterprise Stock Performance
Shares of NYSE:HPE opened at $48.41 on Wednesday. The company has a market cap of $64.11 billion, a price-to-earnings ratio of 45.25, a price-to-earnings-growth ratio of 0.53 and a beta of 1.42. The company has a 50-day moving average price of $34.99 and a 200-day moving average price of $27.01. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise Company has a 12 month low of $17.49 and a 12 month high of $64.25.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion during 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 company’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.82) earnings per share. 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, equities analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.
About Hewlett Packard Enterprise
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.
Recommended Stories
- Five stocks we like better than Hewlett Packard Enterprise
- Could a Tesla-SpaceX Merger Be Closer Than Investors Think?
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Company (NYSE:HPE – Free Report).
Receive News & Ratings for Hewlett Packard Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.
