Sapient Capital LLC Purchases Shares of 21,819 Hewlett Packard Enterprise Company $HPE

Sapient Capital LLC acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE) in the 2nd quarter, HoldingsChannel reports. The firm acquired 21,819 shares of the technology company’s stock, valued at approximately $987,000.

A number of other large investors have also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. raised its holdings in Hewlett Packard Enterprise by 24.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 215,593 shares of the technology company’s stock worth $5,179,000 after purchasing an additional 41,896 shares in the last quarter. Freemont Management S.A. boosted its stake in shares of Hewlett Packard Enterprise by 197.1% during the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock valued at $5,217,000 after purchasing an additional 144,100 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Hewlett Packard Enterprise by 60.2% during the fourth quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after buying an additional 126,938 shares during the period. Irenic Capital Management LP bought a new position in Hewlett Packard Enterprise in the first quarter worth about $18,691,000. Finally, Vanguard Group Inc. raised its stake in Hewlett Packard Enterprise by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock worth $4,156,870,000 after buying an additional 1,917,719 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Trading Up 2.7%

Shares of NYSE HPE opened at $54.67 on Tuesday. The firm’s 50 day moving average price is $47.86 and its 200-day moving average price is $33.60. The company has a market cap of $72.39 billion, a PE ratio of 51.09, a P/E/G ratio of 0.58 and a beta of 1.42. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-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.

Hewlett Packard Enterprise (NYSE:HPE) last posted 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 firm 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 revenue for the quarter was up 40.0% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, equities research analysts expect that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were issued a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 53.27%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HPE. The Goldman Sachs Group lifted their price objective on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company increased their target price on 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. Argus raised their target price on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, Raymond James Financial upped their price target on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $69.80.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: Morgan Stanley upgraded HPE to Overweight from Equal-Weight and raised its price target to $71 from $69, implying substantial upside from the reported $54.67 reference price. Analyst Erik Woodring cited resilient enterprise spending on AI servers and networking equipment, despite debate over whether the AI investment cycle can continue at its current pace. HPE stock jumps as Morgan Stanley upgrades AI infrastructure outlook
• Positive Sentiment: The upgrade helped lift HPE alongside other AI-server stocks, including Super Micro Computer and Dell, as investors positioned ahead of Super Micro’s earnings and continued to favor companies exposed to data-center spending. AI server stocks advance
• Positive Sentiment: Market coverage characterized HPE as a potentially attractive way to participate in the ongoing AI-hardware boom, reinforcing the view that demand for its servers and networking products may remain strong. It Isn’t Too Late to Buy AI Hardware Boom
• Neutral Sentiment: An article on data-science performance and the JEPQ exchange-traded fund does not appear to provide a direct new catalyst for HPE. The Data Science Disconnect
• Negative Sentiment: HPE reportedly cut jobs at its Galway, Ireland, operation despite an earlier commitment to create 150 positions. The workforce reduction may raise concerns about restructuring and regional employment, although it was overshadowed by the bullish AI-infrastructure outlook. Hewlett Packard Enterprise cuts Galway workforce

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 18,785 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by corporate insiders.

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.