Hewlett Packard Enterprise Company $HPE Stock Position Boosted by ProShare Advisors LLC

ProShare Advisors LLC boosted its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 6.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 299,609 shares of the technology company’s stock after buying an additional 17,048 shares during the period. ProShare Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $7,197,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bleakley Financial Group LLC grew its position in Hewlett Packard Enterprise by 1.0% in the 3rd quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after buying an additional 439 shares in the last quarter. TD Private Client Wealth LLC grew its position in Hewlett Packard Enterprise by 0.6% in the 4th quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock valued at $1,940,000 after buying an additional 448 shares in the last quarter. JFS Wealth Advisors LLC grew 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 buying an additional 451 shares in the last quarter. Western Wealth Management LLC grew its position in Hewlett Packard Enterprise by 3.3% in the 3rd quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock valued at $375,000 after buying an additional 489 shares in the last quarter. Finally, Metis Global Partners LLC lifted its holdings in Hewlett Packard Enterprise by 0.8% in the 3rd quarter. Metis Global Partners LLC now owns 71,051 shares of the technology company’s stock valued at $1,745,000 after acquiring an additional 570 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $33.95 on Friday. Hewlett Packard Enterprise Company has a one year low of $17.02 and a one year high of $34.69. The firm has a 50-day moving average of $26.68 and a two-hundred day moving average of $24.00. The firm has a market capitalization of $45.05 billion, a PE ratio of -178.68, a P/E/G ratio of 0.87 and a beta of 1.28. 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 announced its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The company had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period last year, the company posted $0.49 earnings per share. The business’s revenue for the quarter was up 18.4% on a year-over-year basis. 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. On average, analysts forecast that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have weighed in on HPE. Raymond James Financial reissued an “outperform” rating and issued a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Bank of America upped their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Truist Financial began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, March 31st. They issued a “buy” rating and a $31.00 price target for the company. Wall Street Zen downgraded shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Morgan Stanley upped their price target on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $27.88.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the transaction, the director directly owned 8,018 shares in the company, valued at $233,323.80. This trade represents a 44.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 264,432 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.18, for a total transaction of $6,658,397.76. Following the completion of the transaction, the chief executive officer owned 1,837,329 shares of the company’s stock, valued at approximately $46,263,944.22. The trade was a 12.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 702,402 shares of company stock valued at $18,440,171. Company insiders own 0.44% of the company’s stock.

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.