Oddo BHF Asset Management Sas Purchases 42,513 Shares of Hewlett Packard Enterprise Company $HPE

Oddo BHF Asset Management Sas grew its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 28.8% in the fourth quarter, Holdings Channel reports. The fund owned 189,977 shares of the technology company’s stock after acquiring an additional 42,513 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Hewlett Packard Enterprise were worth $4,563,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HPE. Capital World Investors bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $901,751,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise in the fourth quarter valued at $433,537,000. Jericho Capital Asset Management L.P. acquired a new stake in Hewlett Packard Enterprise in the third quarter valued at $416,900,000. Norges Bank acquired a new stake in Hewlett Packard Enterprise in the fourth quarter valued at $185,969,000. Finally, Holocene Advisors LP acquired a new stake in Hewlett Packard Enterprise in the third quarter valued at $144,468,000. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock opened at $48.84 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The business has a 50-day moving average price of $34.51 and a two-hundred day moving average price of $26.82. Hewlett Packard Enterprise Company has a 1-year low of $17.49 and a 1-year high of $64.25. The company has a market cap of $64.67 billion, a P/E ratio of 45.64, a PEG ratio of 0.52 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. During the same period last year, the business posted ($0.82) EPS. The business’s revenue was up 40.0% compared to the same quarter last year. 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. As a group, analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 53.27%.

Wall Street Analyst Weigh In

HPE has been the subject of a number of recent research reports. Barclays increased their price objective on Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Argus increased their price objective on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Loop Capital upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and increased their price objective for the company from $23.00 to $75.00 in a report on Tuesday, June 2nd. Morgan Stanley increased their price objective on Hewlett Packard Enterprise from $33.00 to $71.00 and gave the company an “equal weight” rating in a report on Tuesday, June 2nd. Finally, Bank of America increased their price objective on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and a consensus target price of $64.65.

Insider Activity

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the sale, the director directly owned 8,018 shares in the company, valued at approximately $233,323.80. This trade represents a 44.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of the stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total value of $475,517.97. 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. In the last 90 days, insiders sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is owned by 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.