Banque Cantonale Vaudoise Raises Stake in Hewlett Packard Enterprise Company $HPE

Banque Cantonale Vaudoise grew its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 73.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 234,456 shares of the technology company’s stock after purchasing an additional 99,412 shares during the period. Banque Cantonale Vaudoise’s holdings in Hewlett Packard Enterprise were worth $5,632,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in HPE. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after buying an additional 666 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $26,000. Chilton Capital Management LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter worth about $30,000. Clearstead Trust LLC boosted its position in shares of Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after buying an additional 625 shares in the last quarter. Finally, Thompson Investment Management Inc. purchased a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth about $34,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on HPE shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Citigroup boosted their price objective on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Morgan Stanley upped their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, March 10th. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Bank of America upped their target price 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.41.

Hewlett Packard Enterprise Trading Down 1.0%

NYSE HPE opened at $32.69 on Wednesday. The company has a 50-day moving average of $26.18 and a 200-day moving average of $23.86. The company has a market cap of $43.37 billion, a P/E ratio of -172.03, a P/E/G ratio of 0.85 and a beta of 1.28. Hewlett Packard Enterprise Company has a 12 month low of $17.02 and a 12 month high of $34.69. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The company’s revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 EPS. 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, equities analysts predict that Hewlett Packard Enterprise Company will post 1.96 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. Investors of record on Tuesday, March 24th were given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is -300.00%.

Insider Activity

In related news, EVP Neil B. Macdonald sold 24,251 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $27.01, for a total transaction of $655,019.51. Following the completion of the sale, the executive vice president owned 32,243 shares of the company’s stock, valued at approximately $870,883.43. This represents a 42.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total transaction of $475,517.97. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 702,402 shares of company stock worth $18,440,171. Insiders own 0.44% of the company’s stock.

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.