Hewlett Packard Enterprise Company $HPE Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S trimmed its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 59.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 126,796 shares of the technology company’s stock after selling 184,854 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Hewlett Packard Enterprise were worth $3,046,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HPE. Vanguard Group Inc. raised its stake in shares of Hewlett Packard Enterprise by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock worth $4,156,870,000 after purchasing an additional 1,917,719 shares during the last quarter. Geode Capital Management LLC grew its holdings in Hewlett Packard Enterprise by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock valued at $835,626,000 after purchasing an additional 431,728 shares during the last quarter. Jericho Capital Asset Management L.P. acquired a new stake in Hewlett Packard Enterprise in the third quarter valued at $416,900,000. Legal & General Group Plc grew its holdings in Hewlett Packard Enterprise by 0.3% in the third quarter. Legal & General Group Plc now owns 13,241,459 shares of the technology company’s stock valued at $325,210,000 after purchasing an additional 36,765 shares during the last quarter. Finally, Norges Bank acquired a new stake in Hewlett Packard Enterprise in the fourth quarter valued at $185,969,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $49.83 on Tuesday. The company has a market capitalization of $65.98 billion, a price-to-earnings ratio of 46.57, a price-to-earnings-growth ratio of 0.78 and a beta of 1.42. The business has a 50 day simple moving average of $32.14 and a 200-day simple moving average of $25.87. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise Company has a twelve month low of $17.49 and a twelve month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last issued 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. The firm had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm’s revenue was up 40.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.82) EPS. 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, equities research analysts expect that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

Analyst Ratings Changes

HPE has been the topic of a number of analyst reports. Wells Fargo & Company increased their price objective on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 2nd. Barclays raised their price objective on Hewlett Packard Enterprise from $28.00 to $67.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. Citigroup raised their target price on shares of Hewlett Packard Enterprise from $39.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Morgan Stanley boosted their price target on Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 2nd. Finally, Piper Sandler reissued a “neutral” rating and set a $63.00 price target (up from $23.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $64.65.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 6,482 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the transaction, the director owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. This represents a 44.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 34,001 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 17,001 shares of the company’s stock, valued at approximately $426,385.08. The trade was a 66.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 702,402 shares of company stock valued at $18,440,171. Company insiders own 0.44% of the company’s stock.

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.