National Pension Service boosted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,861,635 shares of the technology company’s stock after buying an additional 74,156 shares during the quarter. National Pension Service’s holdings in Hewlett Packard Enterprise were worth $92,756,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of HPE. Empowered Funds LLC raised its holdings in Hewlett Packard Enterprise by 317.3% during the 1st quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after buying an additional 113,906 shares during the period. Geneos Wealth Management Inc. raised its holdings in Hewlett Packard Enterprise by 44.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after buying an additional 1,377 shares during the period. Brown Advisory Inc. raised its holdings in Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock valued at $482,000 after buying an additional 996 shares during the period. Jump Financial LLC raised its holdings in Hewlett Packard Enterprise by 25.8% during the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after buying an additional 3,215 shares during the period. Finally, WINTON GROUP Ltd purchased a new stake in Hewlett Packard Enterprise during the 2nd quarter valued at $207,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently weighed in on HPE. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Monday, May 25th. Truist Financial began coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a “buy” rating and a $31.00 price target on the stock. Morgan Stanley increased their price target on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Bank of America increased their price target on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Finally, Raymond James Financial restated an “outperform” rating and set a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average target price of $27.88.
Hewlett Packard Enterprise Stock Performance
HPE stock opened at $43.07 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The business’s fifty day simple moving average is $28.73 and its two-hundred day simple moving average is $24.62. Hewlett Packard Enterprise Company has a twelve month low of $17.02 and a twelve month high of $44.58. The firm has a market cap of $57.14 billion, a price-to-earnings ratio of -226.67, a PEG ratio of 0.98 and a beta of 1.28.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same quarter last year, the firm posted $0.49 earnings per share. The business’s revenue was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Analysts predict that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current year.
Hewlett Packard Enterprise Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were paid a $0.1425 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 1.3%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -300.00%.
Insiders Place Their Bets
In other news, Director Bethany Mayer sold 6,482 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total transaction of $188,626.20. Following the transaction, the director owned 8,018 shares in the company, valued at approximately $233,323.80. This trade represents a 44.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 150,000 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $26.50, for a total value of $3,975,000.00. Following the transaction, the chief executive officer owned 1,687,329 shares in the company, valued at approximately $44,714,218.50. This represents a 8.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 702,402 shares of company stock valued at $18,440,171. Insiders own 0.44% of the company’s stock.
Key Hewlett Packard Enterprise News
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE is getting a lift from a broader rally in AI and server-related names after Dell’s strong first-quarter results pointed to robust demand for AI infrastructure, which has helped boost sentiment for peers like HPE. Stock Market Today, May 29: Hewlett Packard Enterprise Surges After Dell AI Server Results Spark Sector Rally
- Positive Sentiment: Heavy call-option buying suggests traders are positioning for more upside, with unusually large bullish activity signaling rising speculation ahead of earnings. Hewlett Packard Enterprise Co (HPE) Shares Surge 12.6% — What GF Score of 76 Tells Investors
- Positive Sentiment: Analysts and market chatter are focused on HPE’s upcoming quarterly results, with expectations centered on whether the company can show continued AI-related strength and guide positively. Hewlett Packard Enterprise Q2 earnings on deck: What to expect
- Neutral Sentiment: HPE also announced an expanded partnership with Rowan University to support research and campus technology initiatives, a positive strategic development but not an immediate stock-moving catalyst. HPE and Rowan University Expand Partnership to Accelerate Research and Strengthen Student Workforce Readiness
- Neutral Sentiment: Commentary noting HPE’s recent surge and strong momentum supports the view that investors are re-rating the stock higher ahead of earnings, but it does not add a new fundamental catalyst on its own. Hewlett Packard Enterprise (HPE) stock trades up, here is why
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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