Foster & Motley Inc. Sells 23,724 Shares of Hewlett Packard Enterprise Company $HPE

Foster & Motley Inc. cut its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 7.3% during the 1st quarter, Holdings Channel reports. The firm owned 300,714 shares of the technology company’s stock after selling 23,724 shares during the quarter. Foster & Motley Inc.’s holdings in Hewlett Packard Enterprise were worth $7,160,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HPE. Investment Research Partners LLC grew its position in shares of Hewlett Packard Enterprise by 2.0% during the 4th quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock valued at $527,000 after acquiring an additional 423 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of Hewlett Packard Enterprise by 0.6% in the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock worth $1,940,000 after buying an additional 448 shares in the last quarter. JFS Wealth Advisors LLC boosted its holdings in Hewlett Packard Enterprise by 40.5% in the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock valued at $38,000 after purchasing an additional 451 shares during the period. Parallel Advisors LLC grew its position in Hewlett Packard Enterprise by 1.3% during the fourth quarter. Parallel Advisors LLC now owns 40,209 shares of the technology company’s stock worth $966,000 after buying an additional 501 shares in the last quarter. Finally, First Financial Bankshares Inc grew its holdings in shares of Hewlett Packard Enterprise by 4.7% during the fourth quarter. First Financial Bankshares Inc now owns 11,082 shares of the technology company’s stock worth $266,000 after purchasing an additional 502 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $46.60 on Friday. The firm has a market cap of $61.70 billion, a PE ratio of 43.55, a price-to-earnings-growth ratio of 0.53 and a beta of 1.42. Hewlett Packard Enterprise Company has a fifty-two week low of $18.27 and a fifty-two week high of $64.25. 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 business has a 50 day moving average price of $38.24 and a 200-day moving average price of $28.27.

Hewlett Packard Enterprise (NYSE:HPE) last issued 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. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. During the same period in the previous year, the firm earned ($0.82) earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

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%.

Insider Activity at Hewlett Packard Enterprise

In related 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 value of $655,019.51. Following the sale, the executive vice president directly owned 32,243 shares of the company’s stock, valued at $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value 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. This represents a 31.37% decrease in their position. 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. Insiders sold a total of 310,102 shares of company stock valued at $9,013,662 in the last quarter. 0.44% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

HPE has been the subject of several research reports. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. lifted their price target on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. The Goldman Sachs Group upped their price objective on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, UBS Group increased their target price on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $64.65.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: HPE continues to get support from bullish analyst commentary, including multiple price-target increases and upgraded ratings, reflecting confidence in its AI infrastructure, server, and networking growth prospects.
• Positive Sentiment: The company has also been highlighted as a GARP-style pick with an attractive PEG ratio and solid earnings momentum, with recent earnings beating estimates and revenue rising sharply year over year.
• Positive Sentiment: Recent product and strategy coverage has emphasized HPE’s expansion in self-driving networks, zero-trust security, private cloud operations, and its role in AI infrastructure, which could support the long-term growth narrative.
• Neutral Sentiment: Insider activity showed SVP Kirt Karros sold shares under a pre-arranged trading plan, which is not necessarily a negative signal but may add to investor caution amid the recent rally.
• Neutral Sentiment: Commentary asking whether HPE remains “sensible” after a triple-digit rally suggests the stock may be facing valuation concerns after its sharp run-up.
• Negative Sentiment: Whitman’s unexpected departure has created uncertainty around HPE’s strategic direction and leadership at a time when expectations are elevated, helping pressure the stock lower.
• Negative Sentiment: Some recent coverage comparing HPE with peers in AI servers and networking implies investors are reassessing whether the company can keep outperforming amid intense competition and mixed sentiment around AI spending.

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.