Oarsman Capital Inc. Sells 11,098 Shares of Hewlett Packard Enterprise Company $HPE

Oarsman Capital Inc. decreased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 8.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 124,656 shares of the technology company’s stock after selling 11,098 shares during the period. Hewlett Packard Enterprise comprises 0.4% of Oarsman Capital Inc.’s holdings, making the stock its 25th largest holding. Oarsman Capital Inc.’s holdings in Hewlett Packard Enterprise were worth $5,623,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Freemont Management S.A. increased its position in Hewlett Packard Enterprise by 197.1% during the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock worth $5,217,000 after purchasing an additional 144,100 shares in the last quarter. CIBC Asset Management Inc increased its holdings in shares of Hewlett Packard Enterprise by 60.2% during the fourth quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock worth $8,111,000 after buying an additional 126,938 shares in the last quarter. Irenic Capital Management LP bought a new position in shares of Hewlett Packard Enterprise in the 1st quarter valued at $18,691,000. Banque Cantonale Vaudoise grew its position in Hewlett Packard Enterprise by 73.6% during the 4th quarter. Banque Cantonale Vaudoise now owns 234,456 shares of the technology company’s stock worth $5,632,000 after acquiring an additional 99,412 shares during the last quarter. Finally, Handelsbanken Fonder AB increased its holdings in Hewlett Packard Enterprise by 33.0% in the 4th quarter. Handelsbanken Fonder AB now owns 615,334 shares of the technology company’s stock worth $14,780,000 after purchasing an additional 152,810 shares in the last quarter. 80.78% of the stock is currently 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: J.P. Morgan assigned HPE a Buy rating, adding to the bullish analyst support for the company. Hewlett Packard Enterprise Receives a Buy from J.P. Morgan
• Positive Sentiment: Analysts’ average price target implies approximately 25.5% upside, while upward earnings-estimate revisions suggest expectations for a potential earnings beat. The article cautions that price targets alone are not always reliable. HPE Potential Rally Analysis
• Positive Sentiment: HPE’s third-quarter outlook is supported by demand for AI infrastructure, networking, and hybrid-cloud solutions, with its expanded product portfolio potentially supporting revenue growth. HPE Q3 Earnings Preview
• Neutral Sentiment: Brokerages collectively rate HPE “Moderate Buy,” indicating broadly favorable sentiment but not unanimous conviction. HPE Consensus Recommendation
• Neutral Sentiment: Investors are awaiting detailed third-quarter projections for revenue, earnings, margins, and other operating metrics for the period ended July 2026. HPE Q3 Key Metrics Preview
• Negative Sentiment: Cisco may have an edge over HPE for long-term networking investors because of stronger hyperscaler AI orders, networking growth, and its expanding security business. HPE Versus Cisco Networking Comparison
• Negative Sentiment: HPE’s multiyear global Wi-Fi patent agreement with a blacklisted supplier could raise compliance and reputational concerns, despite resolving intellectual-property issues. HPE Global WiFi Patent Deal

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The transaction 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. 0.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on HPE shares. Truist Financial restated a “buy” rating and set a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Wells Fargo & Company boosted 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 report on Tuesday, June 2nd. Barclays raised their price target on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Raymond James Financial upped their price target on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. Finally, Susquehanna lifted their price objective on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.80.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $52.31 on Monday. The stock has a market capitalization of $69.27 billion, a P/E ratio of 48.89, a P/E/G ratio of 0.56 and a beta of 1.42. The business has a 50 day simple moving average of $49.46 and a 200 day simple moving average of $36.86. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly 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. The firm had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The company’s revenue was up 40.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.82) earnings per share. Research analysts expect that Hewlett Packard Enterprise Company will post 2.92 earnings per share for the current year.

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.