Banco Bilbao Vizcaya Argentaria S.A. Boosts Holdings in Hewlett Packard Enterprise Company $HPE

Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 2.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 684,689 shares of the technology company’s stock after purchasing an additional 13,820 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Hewlett Packard Enterprise were worth $10,574,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Putney Financial Group LLC purchased a new position in Hewlett Packard Enterprise in the 4th quarter worth approximately $25,000. Alpine Bank Wealth Management purchased a new position in Hewlett Packard Enterprise in the 1st quarter worth approximately $25,000. Bruce G. Allen Investments LLC increased its stake in Hewlett Packard Enterprise by 345.0% in the 1st quarter. Bruce G. Allen Investments LLC now owns 1,700 shares of the technology company’s stock worth $26,000 after acquiring an additional 1,318 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in Hewlett Packard Enterprise in the 1st quarter worth approximately $27,000. Finally, Hara Capital LLC bought a new stake in Hewlett Packard Enterprise in the 4th quarter worth approximately $28,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HPE. Loop Capital lifted their price objective on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the stock a “hold” rating in a research note on Monday, June 9th. Wolfe Research began coverage on Hewlett Packard Enterprise in a research note on Tuesday, July 8th. They issued a “peer perform” rating on the stock. Wells Fargo & Company lifted their price objective on Hewlett Packard Enterprise from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 3rd. Citigroup began coverage on Hewlett Packard Enterprise in a research note on Friday, July 25th. They issued a “buy” rating and a $25.00 price objective on the stock. Finally, Evercore ISI lifted their price objective on Hewlett Packard Enterprise from $25.00 to $28.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $22.87.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $21.3280 on Wednesday. The company has a market cap of $27.99 billion, a P/E ratio of 21.54, a P/E/G ratio of 3.12 and a beta of 1.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 1.29. The business’s 50 day moving average price is $20.08 and its 200-day moving average price is $18.26. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $24.66.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Tuesday, June 3rd. The technology company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.05. The firm had revenue of $7.63 billion for the quarter, compared to the consensus estimate of $7.51 billion. Hewlett Packard Enterprise had a return on equity of 9.59% and a net margin of 4.60%.The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.780-1.900 EPS. Q3 2025 guidance at 0.400-0.450 EPS. Sell-side analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.52 annualized dividend and a dividend yield of 2.4%. Hewlett Packard Enterprise’s payout ratio is currently 52.53%.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 68,590 shares of the company’s stock in a transaction on Friday, June 27th. The stock was sold at an average price of $18.44, for a total value of $1,264,799.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Phil Mottram sold 30,000 shares of the company’s stock in a transaction on Monday, June 30th. The shares were sold at an average price of $20.54, for a total value of $616,200.00. Following the completion of the transaction, the executive vice president directly owned 42,427 shares in the company, valued at $871,450.58. This trade represents a 41.42% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 128,590 shares of company stock worth $2,436,000. Corporate insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.