Oslo Pensjonsforsikring AS Acquires New Holdings in Hewlett Packard Enterprise Company $HPE

Oslo Pensjonsforsikring AS bought a new position in Hewlett Packard Enterprise Company (NYSE:HPE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,189 shares of the technology company’s stock, valued at approximately $314,000.

Other large investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its position in Hewlett Packard Enterprise by 24.1% during 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 acquiring an additional 41,896 shares during the last quarter. Viking Fund Management LLC boosted its position 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 worth $11,770,000 after purchasing an additional 90,000 shares during the last quarter. Freemont Management S.A. grew its stake in shares of 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 valued at $5,217,000 after purchasing an additional 144,100 shares during the period. CIBC Asset Management Inc grew its stake in shares of Hewlett Packard Enterprise by 60.2% during the 4th quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after purchasing an additional 126,938 shares during the period. Finally, Vanguard Group Inc. increased its position 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 valued at $4,156,870,000 after purchasing an additional 1,917,719 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Summary

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE is getting a lift from renewed enthusiasm for AI servers after Super Micro’s strong preliminary update signaled that demand for AI infrastructure remains very robust, which also boosted peers like HPE and Dell. Dell, HP Enterprise Stocks Jump. How Super Micro Is Giving Them a Boost.
• Positive Sentiment: Recent coverage points to HPE’s AI order book as a key reason for the stock’s strength, suggesting investors see durable momentum in AI-related demand. What HPE Stock’s AI Order Book Was Saying Before The Surge
• Positive Sentiment: HPE also expanded its GTT partnership to launch new secure networking services, supporting the view that networking is becoming an increasingly important profit driver for the company. Hewlett Packard Enterprise (HPE) Expands GTT Partnership To Launch New Secure Networking Services
• Positive Sentiment: Another tailwind came from reports that HPE is deepening its cloud push, reinforcing investor optimism about longer-term growth beyond traditional hardware sales. Hewlett Packard Enterprise (NYSE:HPE) Deepens Cloud Push
• Neutral Sentiment: Broader market commentary suggests some AI stocks were pausing for profit-taking after a strong rebound, which may temper gains even as the longer-term AI case remains intact. Super Micro, HPE, Intel, Marvell, and More Stocks That Explain Today’s Market
• Neutral Sentiment: Analysts continue to argue the AI bull case is still alive, but this is more a thematic backdrop than a company-specific catalyst for HPE. The AI Bull Case Lives On: What You Need to Know

Insiders Place Their Bets

In other news, CFO Marie Myers sold 93,583 shares of the 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 completion of the sale, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at $6,144,667.54. This represents a 31.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 6,482 shares of the firm’s 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 sale, the director owned 8,018 shares in the company, valued at $233,323.80. The trade was a 44.70% 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. Insiders sold a total of 118,850 shares of company stock worth $3,908,125 over the last three months. 0.44% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein increased 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. Truist Financial restated a “buy” rating and set a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. Raymond James Financial increased their price target on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. Finally, Piper Sandler reiterated a “neutral” rating and set a $63.00 price target (up from $23.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.06.

Hewlett Packard Enterprise Stock Up 3.3%

NYSE HPE opened at $48.26 on Thursday. Hewlett Packard Enterprise Company has a 52 week low of $19.64 and a 52 week high of $64.25. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $63.91 billion, a P/E ratio of 45.10, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. The stock’s 50-day moving average price is $44.56 and its 200-day moving average price is $31.10.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The company had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm’s revenue was up 40.0% on a year-over-year basis. During the same period in the previous year, the company posted ($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. On average, equities research analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were given 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 was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

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.