Hewlett Packard Enterprise Company $HPE Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 5.9% in the third quarter, Holdings Channel reports. The firm owned 2,715,479 shares of the technology company’s stock after buying an additional 150,203 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Hewlett Packard Enterprise were worth $66,692,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HPE. Elliott Investment Management L.P. purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $381,004,000. Schroder Investment Management Group raised its holdings in shares of Hewlett Packard Enterprise by 192.4% in the second quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after buying an additional 6,974,083 shares during the last quarter. Norges Bank acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $110,093,000. Slate Path Capital LP increased its position in shares of Hewlett Packard Enterprise by 36.2% in the 2nd quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company’s stock valued at $325,078,000 after acquiring an additional 4,221,678 shares during the period. Finally, Amundi raised its stake in Hewlett Packard Enterprise by 43.0% in the 2nd quarter. Amundi now owns 9,910,108 shares of the technology company’s stock worth $210,528,000 after acquiring an additional 2,978,950 shares during the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, EVP John F. Schultz sold 148,501 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the transaction, the executive vice president owned 248,091 shares in the company, valued at approximately $6,199,794.09. This represents a 37.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the sale, the senior vice president owned 18,785 shares of the company’s stock, valued at $462,298.85. This trade represents a 66.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 585,537 shares of company stock worth $14,255,864 in the last ninety days. 0.44% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Morgan Stanley cut their price objective on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 18th. Citigroup reduced their price target on shares of Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. The Goldman Sachs Group initiated coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective on the stock. Finally, Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and an average target price of $25.29.

Hewlett Packard Enterprise Stock Performance

HPE opened at $21.49 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. The firm has a fifty day moving average price of $22.45 and a 200 day moving average price of $23.05. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The stock has a market cap of $28.55 billion, a P/E ratio of -358.07, a P/E/G ratio of 0.58 and a beta of 1.33.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.59 by $0.03. The company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The firm’s revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the business earned $0.58 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were paid a $0.1425 dividend. The ex-dividend date was Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.7%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -950.00%.

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.