MidFirst Bank Acquires Shares of 16,050 Hewlett Packard Enterprise Company $HPE

MidFirst Bank acquired a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,050 shares of the technology company’s stock, valued at approximately $386,000.

Other hedge funds have also recently modified their holdings of the company. Headlands Technologies LLC bought a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at $26,000. Clearstead Trust LLC lifted its stake in Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after purchasing an additional 625 shares in the last quarter. Thompson Investment Management Inc. bought a new position in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $34,000. JFS Wealth Advisors LLC grew its position 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 valued at $38,000 after purchasing an additional 451 shares in the last quarter. Finally, WealthCollab LLC grew its position in shares of Hewlett Packard Enterprise by 121.8% during the fourth quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock valued at $40,000 after purchasing an additional 910 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Trading Up 0.1%

Shares of NYSE HPE opened at $47.44 on Friday. Hewlett Packard Enterprise Company has a 1-year low of $17.49 and a 1-year high of $64.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. The business’s 50 day moving average is $36.36 and its two-hundred day moving average is $27.51. The stock has a market capitalization of $62.82 billion, a P/E ratio of 44.34, a PEG ratio of 0.51 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data 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 business had revenue of $10.68 billion during 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 for the quarter was up 40.0% on a year-over-year basis. During the same period last year, the company 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, research analysts expect that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be given a $0.1425 dividend. 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 currently 53.27%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on HPE shares. Argus boosted their target price on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Weiss Ratings raised Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Zacks Research raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. The Goldman Sachs Group increased their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, UBS Group raised their target price on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.65.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 34,001 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total transaction 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 $426,385.08. The trade was a 66.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Neil B. Macdonald sold 112,652 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total transaction of $2,826,438.68. Following the transaction, the executive vice president owned 56,494 shares in the company, valued at $1,417,434.46. This trade represents a 66.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 702,402 shares of company stock valued at $18,440,171 over the last three months. Corporate 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.