G&S Capital LLC Purchases Shares of 34,381 Hewlett Packard Enterprise Company $HPE

G&S Capital LLC purchased a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 34,381 shares of the technology company’s stock, valued at approximately $1,551,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Capital World Investors bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter worth $901,751,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Hewlett Packard Enterprise in the 4th quarter worth $433,537,000. Elliott Investment Management L.P. raised its holdings in Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after acquiring an additional 8,790,757 shares during the period. Norges Bank acquired a new position in Hewlett Packard Enterprise during the 4th quarter worth $185,969,000. Finally, Amundi lifted its position in Hewlett Packard Enterprise by 63.1% during the 4th quarter. Amundi now owns 11,514,029 shares of the technology company’s stock worth $276,567,000 after acquiring an additional 4,454,568 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the firm’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 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 Analysts Forecast Growth

Several equities research analysts have recently issued reports on HPE shares. Morgan Stanley raised Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and lowered their price target for the company from $71.00 to $69.00 in a research report on Monday. 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. Wells Fargo & Company increased their target price 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. Bank of America raised 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. Finally, Weiss Ratings raised Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.80.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $54.37 on Wednesday. The company’s fifty day moving average is $47.83 and its two-hundred day moving average is $33.83. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week 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. The firm has a market capitalization of $72.00 billion, a price-to-earnings ratio of 50.81, a P/E/G ratio of 0.59 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating 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 business had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the prior year, the business earned ($0.82) earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were issued 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 1.0%. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: Morgan Stanley upgraded HPE from Equal-Weight to Overweight, citing resilient enterprise AI infrastructure spending and continued demand for servers and networking hardware. The firm raised its price target to $71, implying meaningful upside from recent levels. HPE stock jumps as Morgan Stanley upgrades AI infrastructure outlook
• Positive Sentiment: HPE is benefiting from a broader rally in AI server stocks ahead of Super Micro Computer’s earnings, reinforcing investor interest in companies positioned to supply AI data-center infrastructure. AI server stocks advance
• Positive Sentiment: AMD’s planned Helios rack-scale AI systems could create additional opportunities for HPE as an ecosystem partner, potentially driving demand for HPE’s servers, networking products, and data-center solutions. AMD’s Helios Launch Could Create Winners Beyond AMD Stock
• Neutral Sentiment: The upgrade reflects optimism that AI infrastructure spending remains durable despite concerns about whether the current AI investment cycle can be sustained. HPE’s elevated valuation and dependence on continued data-center demand remain important considerations.
• Negative Sentiment: HPE reportedly cut jobs at its Galway, Ireland, operation despite an earlier pledge to create 150 positions. The workforce reduction could weigh modestly on sentiment, although its financial impact appears limited relative to the company’s broader AI opportunity. Hewlett Packard Enterprise cuts Galway workforce

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.