Advanced Portfolio Management LLC bought a new stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 36,577 shares of the technology company’s stock, valued at approximately $879,000. Hewlett Packard Enterprise makes up approximately 2.7% of Advanced Portfolio Management LLC’s holdings, making the stock its 17th biggest holding.
Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Hewlett Packard Enterprise by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock worth $4,156,870,000 after purchasing an additional 1,917,719 shares in the last quarter. Capital World Investors purchased a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $901,751,000. Geode Capital Management LLC increased its stake in shares of Hewlett Packard Enterprise by 1.3% during the 4th 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 position in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $433,537,000. Finally, Jericho Capital Asset Management L.P. purchased a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $416,900,000. 80.78% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts have recently weighed in on HPE shares. Morgan Stanley raised their price objective on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 2nd. Barclays raised their price objective on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the stock an “overweight” rating in a research note 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 stock a “market perform” rating in a research note on Tuesday, June 2nd. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 10th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $64.65.
Hewlett Packard Enterprise News Roundup
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE expanded its collaboration with Cadence to support AI-driven data center modernization, reinforcing its position in enterprise infrastructure and AI-ready computing. Cadence and HPE expand collaboration to support AI-driven data centre modernisation
- Positive Sentiment: HPE picked up more Nvidia-related momentum as it adds more GPU and AI capabilities to its stack, which could improve its competitiveness in agentic AI and high-performance infrastructure. HPE nabs more Nvidia fuel to augment agentic AI efforts
- Positive Sentiment: Analysts and commentators remained constructive, with pieces arguing HPE could be undervalued and positioned as a pure-play enterprise AI beneficiary, which can boost investor sentiment. Hewlett Packard Enterprise (HPE) Stock Could Be 24.6% Undervalued After AI Networking Push
- Positive Sentiment: HPE continued to deepen its ecosystem, including Juniper-related networking technology and disaster-recovery partnerships for Kubernetes, reinforcing its hybrid cloud and enterprise software story. HPE drives more Juniper Networks self-driving tech into its stack
- Neutral Sentiment: HPE’s Discover IR Summit transcript and related conference coverage likely highlighted strategy and execution, but these are more informational than directly market-moving. Hewlett Packard Enterprise Company (HPE) Presents at 2026 HPE Discover IR Summit Transcript
- Neutral Sentiment: Industry recognition such as partner awards and software launches for HPE Nonstop and GreenLake add credibility, but they are incremental rather than major catalysts. WEI Named 2026 HPE North America Partner of the Year
- Neutral Sentiment: Wall Street commentary calling HPE a “strong buy” or a stock to own in the rebound supports the bullish narrative, though it does not by itself change fundamentals. The Best Soaring “Strong Buy” Stocks to Buy Now as the Market Rebounds
Insider Buying and Selling
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 value of $2,808,425.83. Following the transaction, the chief financial officer owned 204,754 shares in the company, valued at $6,144,667.54. This trade represents a 31.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise 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 completion of the transaction, the director owned 8,018 shares in the company, valued at approximately $233,323.80. This trade represents a 44.70% decrease in their position. 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 have sold 702,402 shares of company stock worth $18,440,171 over the last 90 days. Company insiders own 0.44% of the company’s stock.
Hewlett Packard Enterprise Stock Down 0.7%
HPE stock opened at $48.03 on Thursday. The stock has a market capitalization of $63.61 billion, a P/E ratio of 44.89, a PEG ratio of 0.52 and a beta of 1.42. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. 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 price of $35.46 and a two-hundred day moving average price of $27.19.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its 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. The firm had revenue of $10.68 billion during the quarter, compared to analysts’ expectations of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. Hewlett Packard Enterprise’s revenue for the quarter was up 40.0% on a year-over-year basis. During the same period in the previous year, the company 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. As a group, sell-side analysts expect that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.
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.
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