OMERS ADMINISTRATION Corp Has $1.84 Million Position in Hewlett Packard Enterprise Company $HPE

OMERS ADMINISTRATION Corp increased its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 42.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 77,202 shares of the technology company’s stock after acquiring an additional 22,870 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Hewlett Packard Enterprise were worth $1,838,000 as of its most recent filing with the SEC.

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

Hewlett Packard Enterprise Stock Down 2.5%

HPE opened at $44.44 on Thursday. The company has a market capitalization of $58.85 billion, a P/E ratio of 41.53, a P/E/G ratio of 0.49 and a beta of 1.42. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. The firm’s fifty day moving average price is $45.90 and its two-hundred day moving average price is $31.93. Hewlett Packard Enterprise Company has a fifty-two week low of $19.64 and a fifty-two week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The company had revenue of $10.68 billion during the quarter, compared to analysts’ expectations of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The business’s revenue was up 40.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($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, analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.

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 dated 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 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. Also, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total value of $2,808,425.83. Following the completion of the sale, the chief financial officer owned 204,754 shares in the company, valued at approximately $6,144,667.54. This represents a 31.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 118,850 shares of company stock worth $3,908,125 over the last quarter. Company insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

HPE has been the subject of a number of research reports. Truist Financial reissued a “buy” rating and issued a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Susquehanna boosted their price objective on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Argus upped their price objective on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and increased their target price for the company from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Finally, Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.31.

Hewlett Packard Enterprise Company 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.