Assetmark Inc. Sells 14,016 Shares of Hewlett Packard Enterprise Company $HPE

Assetmark Inc. lowered its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 8.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 143,860 shares of the technology company’s stock after selling 14,016 shares during the quarter. Assetmark Inc.’s holdings in Hewlett Packard Enterprise were worth $3,425,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HPE. Investment Research Partners LLC lifted its position in Hewlett Packard Enterprise by 2.0% in the fourth quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock worth $527,000 after purchasing an additional 423 shares during the period. D.A. Davidson & CO. boosted its position in Hewlett Packard Enterprise by 4.5% in the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock valued at $238,000 after buying an additional 429 shares in the last quarter. TD Private Client Wealth LLC grew its position in Hewlett Packard Enterprise by 0.6% during the 4th quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock worth $1,940,000 after acquiring an additional 448 shares during the last quarter. JFS Wealth Advisors LLC raised its position in Hewlett Packard Enterprise by 40.5% in the 4th 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 during the last quarter. Finally, Parallel Advisors LLC raised its position in Hewlett Packard Enterprise by 1.3% in the 4th quarter. Parallel Advisors LLC now owns 40,209 shares of the technology company’s stock valued at $966,000 after purchasing an additional 501 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on HPE. Loop Capital upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and increased their target price for the stock from $23.00 to $75.00 in a report on Tuesday, June 2nd. Truist Financial reaffirmed a “buy” rating and issued a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Susquehanna upped their price target on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Sanford C. Bernstein increased their price objective on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a report on Tuesday, June 2nd. Finally, UBS Group upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.06.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CFO Marie Myers sold 93,583 shares of Hewlett Packard Enterprise stock in a transaction on 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 completion of the sale, the chief financial officer owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. The trade was a 31.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Kirt P. Karros sold 18,785 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 118,850 shares of company stock valued at $3,908,125. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Trading Up 3.3%

Shares of HPE opened at $48.26 on Thursday. The stock’s fifty day simple moving average is $44.56 and its 200-day simple moving average is $31.10. The firm has a market capitalization of $63.91 billion, a PE ratio of 45.10, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. Hewlett Packard Enterprise Company has a 12-month low of $19.64 and a 12-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.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. The firm 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 was up 40.0% on a year-over-year basis. During the same period last year, the company earned ($0.82) earnings per share. 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 predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were paid a $0.1425 dividend. The ex-dividend date of this dividend was 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 presently 53.27%.

Key Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE is getting a lift from renewed enthusiasm for AI servers after Super Micro’s strong preliminary update signaled that demand for AI infrastructure remains very robust, which also boosted peers like HPE and Dell. Dell, HP Enterprise Stocks Jump. How Super Micro Is Giving Them a Boost.
• Positive Sentiment: Recent coverage points to HPE’s AI order book as a key reason for the stock’s strength, suggesting investors see durable momentum in AI-related demand. What HPE Stock’s AI Order Book Was Saying Before The Surge
• Positive Sentiment: HPE also expanded its GTT partnership to launch new secure networking services, supporting the view that networking is becoming an increasingly important profit driver for the company. Hewlett Packard Enterprise (HPE) Expands GTT Partnership To Launch New Secure Networking Services
• Positive Sentiment: Another tailwind came from reports that HPE is deepening its cloud push, reinforcing investor optimism about longer-term growth beyond traditional hardware sales. Hewlett Packard Enterprise (NYSE:HPE) Deepens Cloud Push
• Neutral Sentiment: Broader market commentary suggests some AI stocks were pausing for profit-taking after a strong rebound, which may temper gains even as the longer-term AI case remains intact. Super Micro, HPE, Intel, Marvell, and More Stocks That Explain Today’s Market
• Neutral Sentiment: Analysts continue to argue the AI bull case is still alive, but this is more a thematic backdrop than a company-specific catalyst for HPE. The AI Bull Case Lives On: What You Need to Know

Hewlett Packard Enterprise Company 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.