University of Texas Texas AM Investment Management Co. Has $1.26 Million Stake in Hewlett Packard Enterprise Company $HPE

University of Texas Texas AM Investment Management Co. reduced its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 39.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 52,302 shares of the technology company’s stock after selling 34,656 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Hewlett Packard Enterprise were worth $1,256,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Investment Research Partners LLC increased its holdings in shares of Hewlett Packard Enterprise by 2.0% during the 4th quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock valued at $527,000 after acquiring an additional 423 shares during the last quarter. Bleakley Financial Group LLC boosted its position in Hewlett Packard Enterprise by 1.0% during the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock worth $1,045,000 after purchasing an additional 439 shares during the period. TD Private Client Wealth LLC grew its holdings in Hewlett Packard Enterprise by 0.6% during the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock valued at $1,940,000 after purchasing an additional 448 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in Hewlett Packard Enterprise by 40.5% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after acquiring an additional 451 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of Hewlett Packard Enterprise by 1.3% in the fourth quarter. Parallel Advisors LLC now owns 40,209 shares of the technology company’s stock valued at $966,000 after purchasing an additional 501 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 1.4%

Shares of HPE opened at $48.84 on Tuesday. 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 50-day moving average price of $34.51 and a two-hundred day moving average price of $26.82. The stock has a market cap of $64.67 billion, a price-to-earnings ratio of 45.64, a P/E/G ratio of 0.52 and a beta of 1.42. Hewlett Packard Enterprise Company has a 12 month low of $17.49 and a 12 month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (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 during the quarter, compared to analysts’ expectations of $9.78 billion. During the same period in the prior year, the firm posted ($0.82) EPS. Hewlett Packard Enterprise’s quarterly 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. Equities analysts predict that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 1.2%. Hewlett Packard Enterprise’s payout ratio is 53.27%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Sanford C. Bernstein boosted their price objective on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price objective on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Bank of America boosted their target price on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Raymond James Financial upped their price objective on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. Finally, Weiss Ratings upgraded Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $64.65.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 6,482 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total value of $188,626.20. Following the transaction, the director directly owned 8,018 shares of the company’s stock, valued at $233,323.80. The trade was a 44.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 264,432 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.18, for a total value of $6,658,397.76. Following the completion of the transaction, the chief executive officer owned 1,837,329 shares of the company’s stock, valued at approximately $46,263,944.22. The trade was a 12.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 702,402 shares of company stock valued at $18,440,171 in the last ninety days. 0.44% of the stock is owned by corporate insiders.

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.