56,056 Shares in Hewlett Packard Enterprise Company $HPE Purchased by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 56,056 shares of the technology company’s stock, valued at approximately $1,346,000.

A number of other hedge funds have also made changes to their positions in the company. Analog Century Management LP increased its position in shares of Hewlett Packard Enterprise by 8.6% during the 4th quarter. Analog Century Management LP now owns 2,716,725 shares of the technology company’s stock worth $65,256,000 after purchasing an additional 214,713 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of Hewlett Packard Enterprise by 5.8% during the 4th quarter. Kestra Advisory Services LLC now owns 124,224 shares of the technology company’s stock worth $2,984,000 after purchasing an additional 6,761 shares in the last quarter. Parkside Financial Bank & Trust increased its position in shares of Hewlett Packard Enterprise by 72.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,333 shares of the technology company’s stock worth $176,000 after purchasing an additional 3,069 shares in the last quarter. Volterra Technologies LP acquired a new stake in shares of Hewlett Packard Enterprise during the 4th quarter worth about $421,000. Finally, Marshall Wace LLP increased its position in shares of Hewlett Packard Enterprise by 121.7% during the 4th quarter. Marshall Wace LLP now owns 112,866 shares of the technology company’s stock worth $2,711,000 after purchasing an additional 634,166 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on HPE. Wells Fargo & Company raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 2nd. Sanford C. Bernstein raised their price objective on shares of 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. Bank of America raised their price objective on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Morgan Stanley raised their price objective on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. raised 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.65.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: Zacks Research upgraded Hewlett Packard Enterprise from “hold” to “strong-buy”, a direct bullish catalyst that can attract momentum and upgrade-driven buying. Zacks upgrade report
• Positive Sentiment: Several Zacks articles placed HPE on Strong Buy lists for momentum and income investors, reinforcing the view that the stock has favorable technical and style-score support. Best Momentum Stocks to Buy for June 11th
• Positive Sentiment: Wall Street analyst coverage cited potential upside of about 47%, suggesting the market may be re-rating HPE higher on improved earnings estimates and valuation arguments. Analyst upside article
• Neutral Sentiment: InvestorPlace published a broader AI-investing commentary about “the next Nvidia,” which does not specifically change HPE fundamentals but reflects continued market enthusiasm for AI-related hardware and infrastructure names. InvestorPlace AI commentary
• Neutral Sentiment: An MSN piece asked whether HPE is a buy, sell, or hold after Q1 earnings; this is more of a valuation check than a new catalyst, but it keeps the post-earnings debate active. MSN buy/sell/hold article

Hewlett Packard Enterprise Stock Up 0.1%

Shares of NYSE:HPE opened at $48.20 on Monday. Hewlett Packard Enterprise Company has a one year low of $17.49 and a one year high of $64.25. The company has a 50 day moving average of $34.03 and a 200-day moving average of $26.62. 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 stock has a market cap of $63.82 billion, a price-to-earnings ratio of 45.04, a P/E/G ratio of 0.52 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company 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 company earned ($0.82) EPS. Hewlett Packard Enterprise’s revenue was up 40.0% on a year-over-year basis. 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, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 2.88 earnings per share 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. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.1425 per share. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. Hewlett Packard Enterprise’s payout ratio is currently 53.27%.

Insider Activity

In related news, EVP Neil B. Macdonald sold 112,652 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 56,494 shares in the company, valued at approximately $1,417,434.46. The trade was a 66.60% 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 link. Also, CFO Marie Myers sold 93,583 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. This represents a 31.37% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is currently owned by company insiders.

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.