Eurizon Capital SGR S.p.A. bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,220,044 shares of the technology company’s stock, valued at approximately $29,306,000.
Several other institutional investors and hedge funds have also recently modified their holdings of HPE. Empowered Funds LLC increased its holdings in shares of Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after purchasing an additional 113,906 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after purchasing an additional 1,377 shares during the last quarter. Brown Advisory Inc. increased its holdings in shares of Hewlett Packard Enterprise by 4.4% in the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock valued at $482,000 after purchasing an additional 996 shares during the last quarter. Jump Financial LLC increased its holdings in shares of Hewlett Packard Enterprise by 25.8% in the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after purchasing an additional 3,215 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in shares of Hewlett Packard Enterprise in the second quarter valued at $207,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Bank of America upped their price objective on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Monday, May 25th. Raymond James Financial reissued an “outperform” rating and issued a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Finally, Morgan Stanley boosted their target price on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.88.
Hewlett Packard Enterprise Trading Up 12.7%
Shares of Hewlett Packard Enterprise stock opened at $43.07 on Friday. The firm has a 50-day moving average of $28.73 and a 200-day moving average of $24.62. The stock has a market cap of $57.14 billion, a PE ratio of -226.67, a PEG ratio of 1.10 and a beta of 1.28. Hewlett Packard Enterprise Company has a 52-week low of $17.02 and a 52-week high of $44.58. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. Hewlett Packard Enterprise’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.49 earnings per share. 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. As a group, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.97 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 1.3%. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.
Insider Buying and Selling at Hewlett Packard Enterprise
In related news, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the completion of the sale, the chief financial officer owned 204,754 shares of the company’s stock, valued at $6,144,667.54. This represents a 31.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of the company’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total transaction 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 a total of 702,402 shares of company stock valued at $18,440,171 over the last three months. 0.44% of the stock is owned by insiders.
Hewlett Packard Enterprise News Summary
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.
Further Reading
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