Commerzbank Aktiengesellschaft FI Buys 14,263 Shares of Hewlett Packard Enterprise Company $HPE

Commerzbank Aktiengesellschaft FI lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 13.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 119,022 shares of the technology company’s stock after buying an additional 14,263 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Hewlett Packard Enterprise were worth $2,834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Capital World Investors bought a new stake in Hewlett Packard Enterprise during the 4th quarter valued at approximately $901,751,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $433,537,000. Norges Bank bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $185,969,000. Amundi lifted its stake in shares of Hewlett Packard Enterprise by 63.1% in the 4th quarter. Amundi now owns 11,514,029 shares of the technology company’s stock valued at $276,567,000 after purchasing an additional 4,454,568 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at approximately $93,654,000. 80.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on HPE shares. Sanford C. Bernstein lifted their price target on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research report on Tuesday, June 2nd. Piper Sandler reissued a “neutral” rating and set a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise 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 company a “buy” rating in a report on Tuesday, June 2nd. Truist Financial reaffirmed a “buy” rating and issued a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a research report 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 analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.65.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $46.78 on Wednesday. Hewlett Packard Enterprise Company has a twelve month low of $19.64 and a twelve month high of $64.25. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $61.95 billion, a P/E ratio of 43.72, a PEG ratio of 0.48 and a beta of 1.42. The stock’s 50 day moving average is $44.24 and its 200 day moving average is $30.93.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The business had revenue of $10.68 billion during the quarter, compared to analysts’ expectations of $9.78 billion. During the same quarter in the previous year, the business earned ($0.82) earnings per share. The firm’s quarterly revenue was up 40.0% compared to the same quarter last year. 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, equities research analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 16th. Hewlett Packard Enterprise’s payout ratio is currently 53.27%.

Insider Buying and Selling

In related news, Director Bethany Mayer sold 6,482 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total value of $188,626.20. Following the transaction, the director owned 8,018 shares in the company, valued at $233,323.80. The trade was a 44.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the sale, the chief financial officer directly owned 204,754 shares in the company, valued at $6,144,667.54. This trade represents a 31.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 118,850 shares of company stock worth $3,908,125 in the last quarter. 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.