Livforsakringsbolaget Skandia Omsesidigt Acquires New Shares in Hewlett Packard Enterprise Company $HPE

Livforsakringsbolaget Skandia Omsesidigt bought a new position in Hewlett Packard Enterprise Company (NYSE:HPE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 9,590 shares of the technology company’s stock, valued at approximately $434,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Empowered Funds LLC grew its stake in Hewlett Packard Enterprise by 317.3% during the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after acquiring an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Hewlett Packard Enterprise by 44.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after purchasing an additional 1,377 shares during the period. Brown Advisory Inc. grew its position in shares of Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock valued at $482,000 after purchasing an additional 996 shares in the last quarter. Jump Financial LLC grew its position in shares of Hewlett Packard Enterprise by 25.8% during the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after purchasing an additional 3,215 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of Hewlett Packard Enterprise in the second quarter worth $207,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HPE shares. Wells Fargo & Company lifted their price objective on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 2nd. The Goldman Sachs Group raised their price target on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Weiss Ratings upgraded Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Bank of America boosted their price objective on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Finally, Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and upped their price objective for the stock from $23.00 to $75.00 in a research report on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average price target of $69.80.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by insiders.

Key Headlines Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: J.P. Morgan assigned HPE a Buy rating, adding to the bullish analyst support for the company. Hewlett Packard Enterprise Receives a Buy from J.P. Morgan
• Positive Sentiment: Analysts’ average price target implies approximately 25.5% upside, while upward earnings-estimate revisions suggest expectations for a potential earnings beat. The article cautions that price targets alone are not always reliable. HPE Potential Rally Analysis
• Positive Sentiment: HPE’s third-quarter outlook is supported by demand for AI infrastructure, networking, and hybrid-cloud solutions, with its expanded product portfolio potentially supporting revenue growth. HPE Q3 Earnings Preview
• Neutral Sentiment: Brokerages collectively rate HPE “Moderate Buy,” indicating broadly favorable sentiment but not unanimous conviction. HPE Consensus Recommendation
• Neutral Sentiment: Investors are awaiting detailed third-quarter projections for revenue, earnings, margins, and other operating metrics for the period ended July 2026. HPE Q3 Key Metrics Preview
• Negative Sentiment: Cisco may have an edge over HPE for long-term networking investors because of stronger hyperscaler AI orders, networking growth, and its expanding security business. HPE Versus Cisco Networking Comparison
• Negative Sentiment: HPE’s multiyear global Wi-Fi patent agreement with a blacklisted supplier could raise compliance and reputational concerns, despite resolving intellectual-property issues. HPE Global WiFi Patent Deal

Hewlett Packard Enterprise Stock Down 3.9%

Shares of NYSE HPE opened at $52.31 on Friday. The stock has a market capitalization of $69.27 billion, a P/E ratio of 48.89, a PEG ratio of 0.56 and a beta of 1.42. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $64.25. The firm’s 50 day simple moving average is $49.46 and its two-hundred day simple moving average is $36.77. 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 announced its quarterly earnings data 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. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same period in the previous year, the business posted ($0.82) EPS. The business’s quarterly revenue was up 40.0% on a year-over-year basis. 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 2.92 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were paid a $0.1425 dividend. 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 currently 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.