Lombard Odier Asset Management Europe Ltd acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 196,481 shares of the technology company’s stock, valued at approximately $4,719,000.
Several other hedge funds have also recently bought and sold shares of the business. Empowered Funds LLC boosted its stake in shares of Hewlett Packard Enterprise by 317.3% during the 1st quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after acquiring an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in Hewlett Packard Enterprise by 44.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after purchasing an additional 1,377 shares during the last quarter. Brown Advisory Inc. lifted its holdings in Hewlett Packard Enterprise by 4.4% in the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after purchasing an additional 996 shares during the last quarter. Jump Financial LLC boosted its position in Hewlett Packard Enterprise by 25.8% during the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock worth $320,000 after purchasing an additional 3,215 shares during the period. Finally, WINTON GROUP Ltd acquired a new position in Hewlett Packard Enterprise during the second quarter valued at approximately $207,000. 80.78% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 10th. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Susquehanna boosted their target price on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. Finally, UBS Group raised their price target on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $64.65.
Key Stories Impacting Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE announced expanded industry collaborations to advance quantum computing at scale, pairing its high-performance computing and networking expertise with partners to develop future hybrid classical-quantum applications. HPE Advances Quantum Computing at Scale With Expanded Industry Collaborations
- Positive Sentiment: CloudCasa expanded its HPE partnership with a new disaster recovery solution for Kubernetes powered by HPE Alletra Storage MP B10000, highlighting continued ecosystem traction around HPE storage and hybrid cloud offerings. CloudCasa Expands HPE Partnership with Disaster Recovery for Kubernetes Powered by HPE Alletra Storage MP B10000
- Positive Sentiment: WEI was named 2026 HPE North America Partner of the Year, underscoring strength in HPE GreenLake, private cloud, and hybrid cloud transformation, which may signal healthy partner momentum. WEI Named 2026 HPE North America Partner of the Year
- Positive Sentiment: HPE was highlighted in a bullish “Bull of the Day” article and saw unusually large call-option buying, suggesting traders are positioning for further upside. Bull of the Day: Hewlett Packard (HPE)
- Neutral Sentiment: Additional market commentary questioned whether HPE is outperforming the technology sector and whether its next major inflection point may not arrive until 2027, which keeps some longer-term uncertainty in view. Hewlett Packard Enterprise: The Inflection Opportunity Is Clear… But Only For 2027
Insider Activity at Hewlett Packard Enterprise
In other news, EVP Fidelma Russo sold 34,001 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the sale, the executive vice president directly owned 17,001 shares of the company’s stock, valued at $426,385.08. This represents a 66.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Bethany Mayer sold 6,482 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the sale, the director owned 8,018 shares in the company, valued at $233,323.80. This represents a 44.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is owned by company insiders.
Hewlett Packard Enterprise Price Performance
Shares of Hewlett Packard Enterprise stock opened at $48.41 on Wednesday. The firm’s 50-day moving average price is $34.99 and its two-hundred day moving average price is $27.01. 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 stock has a market capitalization of $64.11 billion, a price-to-earnings ratio of 45.25, a P/E/G ratio of 0.53 and a beta of 1.42. Hewlett Packard Enterprise Company has a 1-year low of $17.49 and a 1-year high of $64.25.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings data 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 return on equity of 11.91% and a net margin of 3.94%.The firm had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same period last year, the company earned ($0.82) earnings per share. The company’s revenue 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. On average, equities analysts predict that Hewlett Packard Enterprise Company will post 2.88 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. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.1425 per share. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.
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.
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