Fort Point Capital Partners LLC Purchases New Position in Hewlett Packard Enterprise Company $HPE

Fort Point Capital Partners LLC purchased a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 12,251 shares of the technology company’s stock, valued at approximately $269,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Destination Wealth Management grew its holdings in shares of Hewlett Packard Enterprise by 87.3% during the 4th quarter. Destination Wealth Management now owns 18,900 shares of the technology company’s stock valued at $454,000 after purchasing an additional 8,810 shares during the last quarter. Dockside LLC bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at approximately $1,140,000. Epoch Investment Partners Inc. grew its holdings in shares of Hewlett Packard Enterprise by 7.1% during the 4th quarter. Epoch Investment Partners Inc. now owns 5,486,641 shares of the technology company’s stock valued at $131,789,000 after purchasing an additional 362,991 shares during the last quarter. Aptus Capital Advisors LLC grew its holdings in shares of Hewlett Packard Enterprise by 8.5% during the 4th quarter. Aptus Capital Advisors LLC now owns 13,020 shares of the technology company’s stock valued at $313,000 after purchasing an additional 1,025 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at approximately $1,346,000. 80.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HPE. Wells Fargo & Company lifted their price target on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. boosted their target price on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. Morgan Stanley boosted their target price on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 2nd. Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. Finally, Raymond James Financial boosted their target price on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $64.65.

Insider Transactions at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 264,432 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.18, for a total value of $6,658,397.76. Following the transaction, the chief executive officer owned 1,837,329 shares in the company, valued at approximately $46,263,944.22. The trade was a 12.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Fidelma Russo sold 34,001 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total transaction of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at $426,385.08. This trade represents a 66.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 702,402 shares of company stock worth $18,440,171. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Trading Up 0.1%

HPE opened at $48.20 on Monday. Hewlett Packard Enterprise Company has a fifty-two week low of $17.49 and a fifty-two week high of $64.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. The firm has a market capitalization of $63.82 billion, a price-to-earnings ratio of 45.04, a PEG ratio of 0.52 and a beta of 1.42. The company’s 50 day moving average price is $34.03 and its two-hundred day moving average price is $26.62.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share 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 firm had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. During the same period in the previous year, the firm posted ($0.82) EPS. The company’s revenue for the quarter was up 40.0% compared to the same quarter last year. 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, research analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be given a $0.1425 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. Hewlett Packard Enterprise’s payout ratio is 53.27%.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: Zacks Research upgraded Hewlett Packard Enterprise from “hold” to “strong-buy”, a direct bullish catalyst that can attract momentum and upgrade-driven buying. Zacks upgrade report
• Positive Sentiment: Several Zacks articles placed HPE on Strong Buy lists for momentum and income investors, reinforcing the view that the stock has favorable technical and style-score support. Best Momentum Stocks to Buy for June 11th
• Positive Sentiment: Wall Street analyst coverage cited potential upside of about 47%, suggesting the market may be re-rating HPE higher on improved earnings estimates and valuation arguments. Analyst upside article
• Neutral Sentiment: InvestorPlace published a broader AI-investing commentary about “the next Nvidia,” which does not specifically change HPE fundamentals but reflects continued market enthusiasm for AI-related hardware and infrastructure names. InvestorPlace AI commentary
• Neutral Sentiment: An MSN piece asked whether HPE is a buy, sell, or hold after Q1 earnings; this is more of a valuation check than a new catalyst, but it keeps the post-earnings debate active. MSN buy/sell/hold article

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.