189,252 Shares in Hewlett Packard Enterprise Company $HPE Purchased by D L Carlson Investment Group Inc.

D L Carlson Investment Group Inc. purchased a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter, HoldingsChannel.com reports. The firm purchased 189,252 shares of the technology company’s stock, valued at approximately $8,537,000. Hewlett Packard Enterprise accounts for 1.4% of D L Carlson Investment Group Inc.’s portfolio, making the stock its 13th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Hewlett Packard Enterprise by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after buying an additional 1,917,719 shares during the period. Capital World Investors bought a new position in shares of Hewlett Packard Enterprise during the fourth quarter valued at approximately $901,751,000. Geode Capital Management LLC lifted its stake in Hewlett Packard Enterprise by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock worth $835,626,000 after acquiring an additional 431,728 shares during the period. Elliott Investment Management L.P. lifted its stake in Hewlett Packard Enterprise by 47.2% in the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after acquiring an additional 8,790,757 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Hewlett Packard Enterprise in the fourth quarter valued at $433,537,000. Institutional investors own 80.78% of the company’s stock.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock opened at $52.93 on Friday. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $64.25. The firm has a market capitalization of $70.09 billion, a P/E ratio of 49.47, a P/E/G ratio of 0.57 and a beta of 1.42. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $48.80 and a two-hundred day simple moving average of $35.57.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. The firm had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company’s revenue was up 40.0% compared to the same quarter last year. During the same period in the prior year, the firm earned ($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 analysts forecast that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.

Analyst Ratings Changes

HPE has been the subject of several research reports. Piper Sandler restated a “neutral” rating and issued a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Argus lifted their target price on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Morgan Stanley upgraded shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and reduced their price target for the company from $71.00 to $69.00 in a research report on Monday, August 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 note on Tuesday, June 2nd. Finally, UBS Group raised their price objective on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $69.80.

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.