Hewlett Packard Enterprise Company $HPE Shares Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC lifted its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 87.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,658 shares of the technology company’s stock after acquiring an additional 14,325 shares during the period. Impact Partnership Wealth LLC’s holdings in Hewlett Packard Enterprise were worth $730,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Hewlett Packard Enterprise by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after purchasing an additional 1,917,719 shares in the last quarter. Capital World Investors acquired a new position in shares of Hewlett Packard Enterprise during the fourth quarter worth about $901,751,000. Geode Capital Management LLC lifted its stake in shares of Hewlett Packard Enterprise by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock worth $835,626,000 after purchasing an additional 431,728 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth about $433,537,000. Finally, Jericho Capital Asset Management L.P. purchased a new stake in shares of Hewlett Packard Enterprise in the third quarter worth about $416,900,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of the stock in a transaction 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 transaction, the director directly owned 8,018 shares in the company, valued at $233,323.80. This represents a 44.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $27.01, for a total transaction of $655,019.51. Following the transaction, the executive vice president directly owned 32,243 shares of the company’s stock, valued at approximately $870,883.43. This represents a 42.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 310,102 shares of company stock valued at $9,013,662 over the last ninety days. 0.44% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HPE has been the topic of several analyst reports. Loop Capital upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and raised their target price for the company from $23.00 to $75.00 in a report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price objective on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Morgan Stanley boosted their target price 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. Finally, Barclays upped their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and a consensus target price of $64.65.

Hewlett Packard Enterprise Trading Down 2.6%

Shares of HPE opened at $43.95 on Thursday. Hewlett Packard Enterprise Company has a one year low of $19.64 and a one year high of $64.25. The stock has a 50-day moving average price of $39.68 and a 200 day moving average price of $28.83. 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 company has a market capitalization of $58.20 billion, a P/E ratio of 41.07, a P/E/G ratio of 0.49 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, topping the consensus estimate of $0.54 by $0.25. The company had revenue of $10.68 billion for 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%.Hewlett Packard Enterprise’s revenue for the quarter was up 40.0% compared to the same quarter last year. During the same period in the previous 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. Sell-side analysts forecast that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal 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 issued a $0.1425 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.57 annualized dividend and a yield of 1.3%. Hewlett Packard Enterprise’s dividend payout ratio is currently 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.