19,902 Shares in Hewlett Packard Enterprise Company $HPE Purchased by EJMK Ventures LLC

EJMK Ventures LLC acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,902 shares of the technology company’s stock, valued at approximately $478,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HPE. Headlands Technologies LLC acquired a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at about $26,000. Reflection Asset Management bought a new stake in Hewlett Packard Enterprise in the fourth quarter valued at approximately $31,000. Clearstead Trust LLC raised its position in shares of Hewlett Packard Enterprise by 93.8% during the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after purchasing an additional 625 shares during the period. Thompson Investment Management Inc. acquired a new stake in Hewlett Packard Enterprise during the 4th quarter worth approximately $34,000. Finally, JFS Wealth Advisors LLC raised its holdings in shares of Hewlett Packard Enterprise by 40.5% during the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after acquiring an additional 451 shares during the period. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 24,251 shares of the company’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $27.01, for a total value of $655,019.51. Following the transaction, the executive vice president directly owned 32,243 shares of the company’s stock, valued at $870,883.43. This represents a 42.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 150,000 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $26.50, for a total transaction of $3,975,000.00. Following the completion of the sale, the chief executive officer directly owned 1,687,329 shares of the company’s stock, valued at approximately $44,714,218.50. The trade was a 8.16% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 702,402 shares of company stock worth $18,440,171 in the last 90 days. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $47.44 on Friday. The stock has a market cap of $62.82 billion, a PE ratio of 44.34, a P/E/G ratio of 0.51 and a beta of 1.42. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. The firm has a 50-day moving average of $36.36 and a 200-day moving average of $27.51. Hewlett Packard Enterprise Company has a 52-week low of $17.49 and a 52-week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The business had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. Hewlett Packard Enterprise’s quarterly revenue was up 40.0% on a year-over-year basis. During the same quarter 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. On average, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid 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 dividend yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HPE. Loop Capital raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and lifted their target price for the company from $23.00 to $75.00 in a research report on Tuesday, June 2nd. Bank of America boosted their target price on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Morgan Stanley upped their price target on shares of 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. Raymond James Financial increased their price target on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $64.65.

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.