Hewlett Packard Enterprise Company $HPE Position Boosted by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPEFree Report) by 2.7% during the 4th quarter, Holdings Channel reports. The fund owned 1,655,555 shares of the technology company’s stock after purchasing an additional 43,885 shares during the period. Natixis Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $39,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise in the second quarter worth $26,000. Clearstead Trust LLC raised 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 valued at $32,000 after purchasing an additional 625 shares in the last quarter. Thompson Investment Management Inc. acquired a new stake in Hewlett Packard Enterprise in the fourth quarter worth about $34,000. JFS Wealth Advisors LLC lifted its holdings in Hewlett Packard Enterprise by 40.5% in 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 position in Hewlett Packard Enterprise by 121.8% in the 4th quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock valued at $40,000 after buying an additional 910 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on HPE. Morgan Stanley raised their target price on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the company an “equal weight” rating in a research note on Tuesday. Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and increased their price objective for the company from $23.00 to $75.00 in a report on Tuesday. Argus raised their price objective on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Finally, Barclays upped their target price on Hewlett Packard Enterprise from $28.00 to $67.00 and gave the stock an “overweight” rating in a research report on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $64.65.

View Our Latest Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $55.17 on Thursday. Hewlett Packard Enterprise Company has a twelve month low of $17.49 and a twelve month high of $64.25. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average of $30.57 and a two-hundred day moving average of $25.25. The company has a market capitalization of $73.20 billion, a price-to-earnings ratio of 51.56, a PEG ratio of 1.44 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last released its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The business had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. During the same period in the previous year, the firm earned ($0.82) EPS. The business’s revenue for the quarter 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 expect that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise’s payout ratio is -300.00%.

Insider Activity at Hewlett Packard Enterprise

In related news, Director Bethany Mayer sold 6,482 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the sale, the director owned 8,018 shares in the company, valued at approximately $233,323.80. This represents a 44.70% decrease in their position. The sale was disclosed in a legal filing 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, CFO Marie Myers sold 93,583 shares of the firm’s stock in a transaction 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 completion of the sale, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. This trade represents a 31.37% decrease in their position. 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 ninety days, insiders sold 702,402 shares of company stock valued at $18,440,171. Corporate insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise News Summary

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

Hewlett Packard Enterprise Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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