Sanctuary Advisors LLC Boosts Holdings in Hewlett Packard Enterprise Company $HPE

Sanctuary Advisors LLC raised its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 21.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 175,596 shares of the technology company’s stock after acquiring an additional 31,296 shares during the quarter. Sanctuary Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $4,181,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Checchi Capital Advisers LLC increased its stake in shares of Hewlett Packard Enterprise by 20.8% during the 1st quarter. Checchi Capital Advisers LLC now owns 22,763 shares of the technology company’s stock worth $542,000 after purchasing an additional 3,912 shares during the last quarter. Maryland State Retirement & Pension System lifted its stake in Hewlett Packard Enterprise by 5.9% in the first quarter. Maryland State Retirement & Pension System now owns 67,519 shares of the technology company’s stock valued at $1,608,000 after purchasing an additional 3,787 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Hewlett Packard Enterprise by 9.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 283,119 shares of the technology company’s stock valued at $6,741,000 after purchasing an additional 24,451 shares during the period. Bleakley Financial Group LLC grew its holdings in Hewlett Packard Enterprise by 15.4% during the first quarter. Bleakley Financial Group LLC now owns 59,316 shares of the technology company’s stock valued at $1,412,000 after purchasing an additional 7,927 shares during the period. Finally, State of Michigan Retirement System increased its position in Hewlett Packard Enterprise by 0.3% in the first quarter. State of Michigan Retirement System now owns 493,981 shares of the technology company’s stock worth $11,762,000 after buying an additional 1,700 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise 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 transaction, the director owned 8,018 shares of the company’s stock, valued at $233,323.80. The trade was a 44.70% decrease in their position. The transaction was disclosed in a filing 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 company’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 sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 135,851 shares of company stock worth $4,383,642 in the last 90 days. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Trading Down 0.0%

Shares of HPE stock opened at $45.81 on Monday. The company’s fifty day simple moving average is $43.63 and its two-hundred day simple moving average is $30.62. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a 1 year low of $19.64 and a 1 year high of $64.25. The stock has a market capitalization of $60.67 billion, a price-to-earnings ratio of 42.82, a PEG ratio of 0.50 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $9.78 billion. During the same quarter in the prior year, the business posted ($0.82) earnings per share. The business’s quarterly revenue 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. As a group, analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were paid a $0.1425 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $0.57 annualized dividend and a yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 53.27%.

Analyst Ratings Changes

Several brokerages have issued reports on HPE. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 10th. Loop Capital upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and increased their price target for the stock from $23.00 to $75.00 in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their price objective on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. Susquehanna boosted their price objective on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Finally, 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 report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $64.65.

About Hewlett Packard Enterprise

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.