IFM Investors Pty Ltd Has $8.69 Million Stock Position in Hewlett Packard Enterprise Company $HPE

IFM Investors Pty Ltd boosted its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 5.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 364,994 shares of the technology company’s stock after purchasing an additional 18,044 shares during the quarter. IFM Investors Pty Ltd’s holdings in Hewlett Packard Enterprise were worth $8,691,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of HPE. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise in the 2nd quarter valued at about $26,000. SJS Investment Consulting Inc. increased its stake in Hewlett Packard Enterprise by 159.5% in the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after acquiring an additional 716 shares during the last quarter. Union Savings Bank bought a new position in Hewlett Packard Enterprise in the fourth quarter valued at approximately $30,000. Reflection Asset Management acquired a new position in Hewlett Packard Enterprise during the fourth quarter valued at approximately $31,000. Finally, Thompson Investment Management Inc. acquired a new position in Hewlett Packard Enterprise during the fourth quarter valued at approximately $34,000. Institutional investors own 80.78% of the company’s stock.

Insider Activity

In other news, EVP Fidelma Russo sold 17,001 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total transaction of $475,517.97. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of the business’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $27.01, for a total value of $655,019.51. Following the sale, the executive vice president owned 32,243 shares in the company, valued at approximately $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 310,102 shares of company stock valued at $9,013,662. 0.44% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $41.06 on Friday. The firm’s fifty day moving average price is $39.93 and its two-hundred day moving average price is $28.95. The stock has a market cap of $54.37 billion, a PE ratio of 38.37, a PEG ratio of 0.48 and a beta of 1.42. Hewlett Packard Enterprise Company has a fifty-two week low of $19.64 and a fifty-two week high of $64.25. 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 (NYSE:HPE) last announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The company had revenue of $10.68 billion during the quarter, compared to analysts’ expectations of $9.78 billion. During the same period in the prior year, the company earned ($0.82) EPS. Hewlett Packard Enterprise’s revenue was up 40.0% compared to the same quarter last year. 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, equities analysts expect that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be given a $0.1425 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 annualized dividend and a yield of 1.4%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 53.27%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Piper Sandler reaffirmed a “neutral” rating and issued a $63.00 target price (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Bank of America boosted their price target on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Zacks Research upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 10th. UBS Group lifted their target price on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Barclays boosted their target price on Hewlett Packard Enterprise from $28.00 to $67.00 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, twelve have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.65.

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.