Corient Private Wealth LLC increased its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 8.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 424,363 shares of the technology company’s stock after acquiring an additional 32,149 shares during the quarter. Corient Private Wealth LLC’s holdings in Hewlett Packard Enterprise were worth $10,197,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HPE. Headlands Technologies LLC purchased a new position in Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. Union Savings Bank purchased a new stake in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $30,000. Reflection Asset Management acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $31,000. Thompson Investment Management Inc. acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $34,000. Finally, JFS Wealth Advisors LLC grew its position in shares of Hewlett Packard Enterprise by 40.5% in the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock valued at $38,000 after buying an additional 451 shares during the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.
Hewlett Packard Enterprise Stock Down 0.5%
HPE stock opened at $48.69 on Thursday. The stock has a market capitalization of $64.48 billion, a PE ratio of 45.51, a price-to-earnings-growth ratio of 0.53 and a beta of 1.42. The company has a fifty day moving average of $37.79 and a 200-day moving average of $28.11. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. Hewlett Packard Enterprise Company has a one year low of $18.20 and a one year high of $64.25.
Hewlett Packard Enterprise Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.
Insiders Place Their Bets
In related news, EVP Neil B. Macdonald sold 24,251 shares of the company’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $27.01, for a total transaction of $655,019.51. Following the transaction, the executive vice president owned 32,243 shares of the company’s stock, valued at $870,883.43. This represents a 42.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total value of $2,808,425.83. Following the completion of the transaction, the chief financial officer owned 204,754 shares of the company’s stock, valued at $6,144,667.54. The trade was a 31.37% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 310,102 shares of company stock worth $9,013,662. Corporate insiders own 0.44% of the company’s stock.
Key Headlines Impacting Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE is being positioned as a key player on the networking side of agentic AI, with new coverage emphasizing its AI infrastructure and self-driving network expansion. HPE Focuses On The Network Side Of Agentic AI
- Positive Sentiment: Hewlett Packard Enterprise announced an expansion of self-driving networks, reinforcing the company’s push into automation and AI-enabled enterprise networking. Hewlett Packard Enterprise (HPE) Announces Expansion of Self-Driving Networks
- Positive Sentiment: Analyst and strategy coverage continues to frame HPE as a high-growth, reasonably valued AI infrastructure stock, with several pieces pointing to attractive PEG metrics and EPS upside. Buy 4 High-Growth GARP Stocks Trading at Attractive PEG
- Positive Sentiment: HPE’s recent earnings beat and raised FY2026 guidance continue to support the bullish narrative, while Wall Street has lifted price targets and multiple firms now rate the stock a Buy or better.
- Negative Sentiment: A recent insider sale by SVP Kirt Karros may create some short-term caution, although the transaction was made under a pre-arranged 10b5-1 trading plan and does not necessarily indicate weaker fundamentals. Hewlett Packard Enterprise (NYSE:HPE) SVP Sells $911,072.50 in Stock
Analyst Upgrades and Downgrades
Several brokerages recently commented on HPE. Argus lifted their price target on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company upped their price objective on shares of 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. Piper Sandler reaffirmed a “neutral” rating and set a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Weiss Ratings upgraded Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Finally, Bank of America boosted their target price on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $64.65.
Read Our Latest Stock Analysis on HPE
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.
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