UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 6.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,088,774 shares of the technology company’s stock after buying an additional 756,972 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.99% of Hewlett Packard Enterprise worth $590,435,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in HPE. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise in the second quarter worth $26,000. Delos Wealth Advisors LLC purchased a new position in Hewlett Packard Enterprise during the 2nd quarter valued at about $27,000. SJS Investment Consulting Inc. increased its stake in shares of Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after purchasing an additional 716 shares in the last quarter. Union Savings Bank bought a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $30,000. Finally, First Bancorp Inc ME purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter worth $30,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Insiders Place Their Bets
In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the business’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by company insiders.
More Hewlett Packard Enterprise News
- Positive Sentiment: J.P. Morgan assigned HPE a Buy rating, adding to the bullish analyst support for the company. Hewlett Packard Enterprise Receives a Buy from J.P. Morgan
- Positive Sentiment: Analysts’ average price target implies approximately 25.5% upside, while upward earnings-estimate revisions suggest expectations for a potential earnings beat. The article cautions that price targets alone are not always reliable. HPE Potential Rally Analysis
- Positive Sentiment: HPE’s third-quarter outlook is supported by demand for AI infrastructure, networking, and hybrid-cloud solutions, with its expanded product portfolio potentially supporting revenue growth. HPE Q3 Earnings Preview
- Neutral Sentiment: Brokerages collectively rate HPE “Moderate Buy,” indicating broadly favorable sentiment but not unanimous conviction. HPE Consensus Recommendation
- Neutral Sentiment: Investors are awaiting detailed third-quarter projections for revenue, earnings, margins, and other operating metrics for the period ended July 2026. HPE Q3 Key Metrics Preview
- Negative Sentiment: Cisco may have an edge over HPE for long-term networking investors because of stronger hyperscaler AI orders, networking growth, and its expanding security business. HPE Versus Cisco Networking Comparison
- Negative Sentiment: HPE’s multiyear global Wi-Fi patent agreement with a blacklisted supplier could raise compliance and reputational concerns, despite resolving intellectual-property issues. HPE Global WiFi Patent Deal
Hewlett Packard Enterprise Price Performance
NYSE HPE opened at $52.31 on Monday. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $64.25. The stock has a 50-day moving average of $49.46 and a 200 day moving average of $36.86. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. The company has a market capitalization of $69.27 billion, a price-to-earnings ratio of 48.89, a PEG ratio of 0.56 and a beta of 1.42.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. During the same quarter last year, the firm posted ($0.82) EPS. The business’s quarterly revenue was up 40.0% compared to the same quarter last year. On average, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 2.92 EPS for the current year.
Analysts Set New Price Targets
Several research firms have recently issued reports on HPE. Argus lifted their price target on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Susquehanna raised 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, June 2nd. The Goldman Sachs Group upped their target price on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Truist Financial reiterated a “buy” rating and set a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Finally, Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $23.00 to $75.00 in a report on Tuesday, June 2nd. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $69.80.
View Our Latest Analysis on Hewlett Packard Enterprise
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.
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