Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Position in Hewlett Packard Enterprise Company $HPE

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 80.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 389,560 shares of the technology company’s stock after buying an additional 173,200 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Hewlett Packard Enterprise were worth $9,275,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Hewlett Packard Enterprise by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after acquiring an additional 1,917,719 shares in the last quarter. Capital World Investors bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $901,751,000. Geode Capital Management LLC grew its holdings in shares of Hewlett Packard Enterprise by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock worth $835,626,000 after purchasing an additional 431,728 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Hewlett Packard Enterprise during the fourth quarter worth about $433,537,000. Finally, Jericho Capital Asset Management L.P. bought a new position in shares of Hewlett Packard Enterprise in the third quarter worth approximately $416,900,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $41.06 on Friday. The company has a market capitalization of $54.37 billion, a price-to-earnings ratio of 38.37, a PEG ratio of 0.45 and a beta of 1.42. The business has a 50 day moving average of $40.18 and a 200 day moving average of $29.03. 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 $19.64 and a 1-year high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The business had revenue of $10.68 billion for the quarter, compared to analysts’ expectations 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 period last year, the business earned ($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. On average, sell-side analysts predict that Hewlett Packard Enterprise Company will post 2.88 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 given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 53.27%.

Insider Buying and Selling

In other news, EVP Neil B. Macdonald sold 24,251 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $27.01, for a total transaction of $655,019.51. Following the transaction, the executive vice president directly owned 32,243 shares of the company’s stock, valued at approximately $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 17,001 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total value of $475,517.97. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 310,102 shares of company stock worth $9,013,662 over the last 90 days. Insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

HPE has been the topic of a number of recent analyst reports. Morgan Stanley raised their target price on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 2nd. The Goldman Sachs Group increased their price target on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Raymond James Financial raised 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 report on Tuesday, June 2nd. Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. Finally, Wells Fargo & Company upped 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 report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus 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.