IFM Investors Pty Ltd Has $8.69 Million Holdings in Hewlett Packard Enterprise Company $HPE

IFM Investors Pty Ltd lifted its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 5.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 364,994 shares of the technology company’s stock after buying an additional 18,044 shares during the quarter. IFM Investors Pty Ltd’s holdings in Hewlett Packard Enterprise were worth $8,691,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Impact Partnership Wealth LLC increased its stake in shares of Hewlett Packard Enterprise by 87.7% during the 1st quarter. Impact Partnership Wealth LLC now owns 30,658 shares of the technology company’s stock worth $730,000 after purchasing an additional 14,325 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after purchasing an additional 716 shares during the period. Apollon Wealth Management LLC grew its holdings in Hewlett Packard Enterprise by 92.0% during the first quarter. Apollon Wealth Management LLC now owns 72,407 shares of the technology company’s stock worth $1,724,000 after purchasing an additional 34,699 shares during the period. Louisiana State Employees Retirement System acquired a new position in Hewlett Packard Enterprise during the first quarter worth approximately $1,612,000. Finally, Kestra Private Wealth Services LLC increased its position in Hewlett Packard Enterprise by 7.0% during the first quarter. Kestra Private Wealth Services LLC now owns 59,964 shares of the technology company’s stock worth $1,428,000 after buying an additional 3,932 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Neil B. Macdonald sold 24,251 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were 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 trade represents a 42.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Hewlett Packard Enterprise stock in a transaction that occurred on 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 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 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. Insiders sold 310,102 shares of company stock valued at $9,013,662 in the last quarter. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $41.06 on Friday. The company has a market capitalization of $54.37 billion, a price-to-earnings ratio of 38.37, a PEG ratio of 0.48 and a beta of 1.42. 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 12 month low of $19.64 and a 12 month high of $64.25. The stock’s 50 day moving average is $39.93 and its 200-day moving average is $28.95.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results 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 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 quarterly revenue was up 40.0% on a year-over-year basis. During the same period in the previous year, the company posted ($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. Equities research analysts expect that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm 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 dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 53.27%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Piper Sandler reaffirmed a “neutral” rating and issued a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. Argus boosted their target price on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Susquehanna increased their price target on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Loop Capital raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and raised their price target for the company from $23.00 to $75.00 in a report on Tuesday, June 2nd. Finally, Weiss Ratings raised shares of Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. One 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’s stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.65.

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.