Heritage Trust Co Has $5.86 Million Stock Position in Hewlett Packard Enterprise Company $HPE

Heritage Trust Co grew its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 7.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 243,925 shares of the technology company’s stock after purchasing an additional 16,134 shares during the period. Heritage Trust Co’s holdings in Hewlett Packard Enterprise were worth $5,859,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $26,000. Clearstead Trust LLC grew its stake in shares of Hewlett Packard Enterprise by 93.8% during the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after purchasing an additional 625 shares during the period. Thompson Investment Management Inc. acquired a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth $34,000. JFS Wealth Advisors LLC grew its stake in shares of Hewlett Packard Enterprise by 40.5% during the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after purchasing an additional 451 shares during the period. Finally, WealthCollab LLC grew its stake in shares of Hewlett Packard Enterprise by 121.8% during the fourth quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock worth $40,000 after purchasing an additional 910 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

Key Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE posted record second-quarter results, beating estimates on both earnings and revenue. Adjusted EPS came in at $0.79 versus $0.54 expected, while revenue reached $10.68 billion, above the $9.78 billion consensus, signaling strong execution and demand. HPE Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: The company pulled forward its long-term financial targets by two years after saying AI data center expansion is boosting demand for its servers and networking gear, reinforcing the growth story behind the stock move. Reuters article on accelerated financial targets
• Positive Sentiment: Management also raised fiscal 2026 and Q3 guidance well above Wall Street expectations, which suggests the AI server demand is not a one-quarter spike but a longer-lasting tailwind. Reuters article on HPE surges 29% as AI infrastructure boom boosts server demand
• Positive Sentiment: Networking revenue reportedly jumped 148%, underscoring broad strength across HPE’s infrastructure portfolio and helping fuel investor enthusiasm. MarketWatch article on networking revenue growth
• Neutral Sentiment: HPE also added Elliott partner Chris Hsu to its board, a governance move that may be seen as supportive of strategy and capital allocation but is not the main driver of the stock today. HPE Names Chris Hsu to Board of Directors

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total value of $2,808,425.83. Following the transaction, the chief financial officer owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. This represents a 31.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 32,243 shares in the company, valued at $870,883.43. The trade was a 42.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 702,402 shares of company stock valued at $18,440,171 in the last ninety days. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock opened at $47.37 on Tuesday. The firm has a market cap of $62.85 billion, a price-to-earnings ratio of -249.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.28. The stock’s 50-day moving average is $29.23 and its 200-day moving average is $24.80. Hewlett Packard Enterprise Company has a one year low of $17.02 and a one year high of $47.97. 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 issued its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The company had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.82) earnings per share. 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. Equities analysts predict that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is -300.00%.

Analyst Upgrades and Downgrades

HPE has been the subject of a number of analyst reports. Truist Financial initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They set a “buy” rating and a $31.00 price objective for the company. Morgan Stanley lifted their price objective on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Bank of America lifted their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Raymond James Financial reaffirmed an “outperform” rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. Finally, Citigroup boosted their target price on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.88.

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.