Clal Insurance Enterprises Holdings Ltd Acquires New Shares in Hewlett Packard Enterprise Company $HPE

Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,560,000 shares of the technology company’s stock, valued at approximately $70,372,000. Clal Insurance Enterprises Holdings Ltd owned about 0.12% of Hewlett Packard Enterprise at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise during the second quarter valued at $26,000. SJS Investment Consulting Inc. increased its holdings in Hewlett Packard Enterprise by 159.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after buying an additional 716 shares in the last quarter. Union Savings Bank bought a new stake in Hewlett Packard Enterprise in the 4th quarter worth about $30,000. Reflection Asset Management purchased a new position in Hewlett Packard Enterprise in the 4th quarter worth about $31,000. Finally, Hilton Head Capital Partners LLC purchased a new position in Hewlett Packard Enterprise in the 4th quarter worth about $40,000. Institutional investors own 80.78% of the company’s stock.

Analyst Ratings Changes

HPE has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating in a report on Saturday. Argus boosted their price objective on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Raymond James Financial increased their price objective on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. Zacks Research cut shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 2nd. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and an average price target of $69.80.

Hewlett Packard Enterprise Price Performance

NYSE HPE opened at $53.48 on Monday. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $70.82 billion, a P/E ratio of 49.98, a PEG ratio of 0.58 and a beta of 1.42. The company has a 50-day moving average price of $48.90 and a 200-day moving average price of $35.79. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same period in the previous year, the business posted ($0.82) earnings per share. The firm’s quarterly revenue 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. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 53.27%.

Insiders Place Their Bets

In related news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise 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.