Paradigm Capital Management LLC NV Makes New Investment in Hewlett Packard Enterprise Company $HPE

Paradigm Capital Management LLC NV purchased a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 24,850 shares of the technology company’s stock, valued at approximately $597,000.

Other hedge funds also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Hewlett Packard Enterprise by 24.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 215,593 shares of the technology company’s stock valued at $5,179,000 after purchasing an additional 41,896 shares in the last quarter. Viking Fund Management LLC boosted its holdings in Hewlett Packard Enterprise by 22.5% in the fourth quarter. Viking Fund Management LLC now owns 490,000 shares of the technology company’s stock valued at $11,770,000 after purchasing an additional 90,000 shares in the last quarter. Freemont Management S.A. raised its stake in Hewlett Packard Enterprise by 197.1% during the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock worth $5,217,000 after acquiring an additional 144,100 shares in the last quarter. Vanguard Group Inc. raised its stake in 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 acquiring an additional 1,917,719 shares in the last quarter. Finally, Merit Financial Group LLC raised its stake in Hewlett Packard Enterprise by 133.8% during the 4th quarter. Merit Financial Group LLC now owns 96,825 shares of the technology company’s stock worth $2,326,000 after acquiring an additional 55,410 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, EVP Neil B. Macdonald sold 24,251 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $27.01, for a total transaction of $655,019.51. Following the sale, the executive vice president owned 32,243 shares of the company’s stock, valued at $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 6,482 shares of the business’s stock in a transaction that occurred 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 directly owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. This represents a 44.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $32.95 on Tuesday. The stock has a market cap of $43.72 billion, a price-to-earnings ratio of -173.44, a PEG ratio of 0.85 and a beta of 1.28. Hewlett Packard Enterprise Company has a 52 week low of $17.02 and a 52 week high of $34.69. The company’s 50-day moving average price is $25.95 and its 200 day moving average price is $23.80. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the previous year, the firm posted $0.49 EPS. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, research analysts forecast that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were paid a dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.7%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -300.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Truist Financial assumed coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They set a “buy” rating and a $31.00 price target on the stock. Raymond James Financial reissued an “outperform” rating and issued a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Wall Street Zen cut Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Sunday. Morgan Stanley upped their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 10th. Finally, Bank of America upped their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $27.41.

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.