Geode Capital Management LLC Has $835.63 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

Geode Capital Management LLC lifted its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,869,143 shares of the technology company’s stock after acquiring an additional 431,728 shares during the quarter. Geode Capital Management LLC’s holdings in Hewlett Packard Enterprise were worth $835,626,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Knights of Columbus Asset Advisors LLC grew its stake in shares of Hewlett Packard Enterprise by 4.3% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 151,424 shares of the technology company’s stock valued at $3,637,000 after buying an additional 6,192 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of Hewlett Packard Enterprise by 20.8% in the 4th quarter. Bleakley Financial Group LLC now owns 51,389 shares of the technology company’s stock valued at $1,234,000 after buying an additional 8,857 shares in the last quarter. Allstate Corp grew its stake in shares of Hewlett Packard Enterprise by 102.8% in the 4th quarter. Allstate Corp now owns 98,853 shares of the technology company’s stock valued at $2,374,000 after buying an additional 50,108 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Hewlett Packard Enterprise by 190.9% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,034 shares of the technology company’s stock valued at $73,000 after buying an additional 1,991 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of Hewlett Packard Enterprise by 3,952.4% in the 4th quarter. Fisher Asset Management LLC now owns 352,515 shares of the technology company’s stock valued at $8,467,000 after buying an additional 343,816 shares in the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Hewlett Packard Enterprise

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 Stock Performance

HPE opened at $43.07 on Friday. The firm has a market capitalization of $57.14 billion, a P/E ratio of -226.67, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. The stock’s 50 day moving average price is $28.73 and its two-hundred day moving average price is $24.62. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. Hewlett Packard Enterprise Company has a 12-month low of $17.02 and a 12-month high of $44.58.

Hewlett Packard Enterprise (NYSE:HPE) last released 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 firm had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company’s revenue was up 18.4% on a year-over-year basis. During the same quarter last year, the firm posted $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. On average, equities analysts forecast that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were issued a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 1.3%. Hewlett Packard Enterprise’s dividend payout ratio is -300.00%.

Analysts Set New Price Targets

HPE has been the subject of several analyst reports. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Monday, May 25th. Truist Financial initiated coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They issued a “buy” rating and a $31.00 price objective for the company. Morgan Stanley lifted their price objective on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a research note on Thursday, May 21st. Citigroup lifted their price objective on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $27.88.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 24,251 shares of the stock in a transaction on Monday, April 20th. The shares were sold at an average price of $27.01, for a total value of $655,019.51. Following the completion of the sale, the executive vice president directly owned 32,243 shares of the company’s stock, valued at $870,883.43. This represents a 42.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 6,482 shares of the stock in a transaction on Tuesday, May 5th. The shares were 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 of the company’s stock, valued at approximately $233,323.80. This trade represents a 44.70% decrease in their ownership of the stock. 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. Over the last quarter, insiders sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is currently 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.