26,534 Shares in Hewlett Packard Enterprise Company $HPE Purchased by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd bought a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the second quarter, Holdings Channel reports. The firm bought 26,534 shares of the technology company’s stock, valued at approximately $1,197,000.

Several other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new stake in Hewlett Packard Enterprise during the second quarter worth about $10,518,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $70,372,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $1,650,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $1,027,139,000. Finally, First Nebraska Trust Co acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $4,514,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a legal 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. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

HPE has been the topic of several analyst reports. Argus increased their price objective on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Truist Financial reiterated a “buy” rating and issued a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. Raymond James Financial upped their target price 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. Morgan Stanley upgraded shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and decreased their price target for the stock from $71.00 to $69.00 in a research note on Monday, August 10th. 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 report on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average target price of $69.80.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $52.44 on Tuesday. The company has a fifty day moving average of $48.98 and a two-hundred day moving average of $36.00. The company has a market capitalization of $69.44 billion, a PE ratio of 49.01, a P/E/G ratio of 0.58 and a beta of 1.42. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping 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 business had revenue of $10.68 billion for the quarter, compared to analysts’ expectations of $9.78 billion. During the same quarter in the previous year, the firm earned ($0.82) earnings per share. The business’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. As a group, analysts expect that Hewlett Packard Enterprise Company will post 2.9 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 dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.57 annualized dividend and a yield of 1.1%. Hewlett Packard Enterprise’s payout ratio is 53.27%.

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.