Mitsubishi UFJ Trust & Banking Corp Increases Position in Hewlett Packard Enterprise Company $HPE

Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,746,869 shares of the technology company’s stock after purchasing an additional 159,432 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.13% of Hewlett Packard Enterprise worth $42,903,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mcintyre Freedman & Flynn Investment Advisers Inc. grew its position in shares of Hewlett Packard Enterprise by 743.7% during the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after purchasing an additional 135,725 shares in the last quarter. Caxton Associates LLP boosted its stake in Hewlett Packard Enterprise by 106.8% in the 2nd quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock worth $3,661,000 after purchasing an additional 92,438 shares during the period. Shell Asset Management Co. boosted its stake in Hewlett Packard Enterprise by 42.4% in the 2nd quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock worth $2,388,000 after purchasing an additional 34,801 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in Hewlett Packard Enterprise during the 2nd quarter valued at approximately $2,522,000. Finally, Swiss National Bank raised its position in shares of Hewlett Packard Enterprise by 7.2% during the second quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock valued at $81,315,000 after buying an additional 266,600 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 126,512 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.61, for a total value of $3,113,460.32. Following the completion of the sale, the executive vice president owned 51,002 shares of the company’s stock, valued at $1,255,159.22. This trade represents a 71.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total value of $897,280.60. Following the sale, the senior vice president owned 18,785 shares of the company’s stock, valued at approximately $462,298.85. This trade represents a 66.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 585,537 shares of company stock valued at $14,255,864 over the last three months. Corporate insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on HPE. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a “buy” rating and a $31.00 target price for the company. Piper Sandler initiated coverage on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target on the stock. Citigroup raised their price objective on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Finally, UBS Group boosted their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $25.53.

Hewlett Packard Enterprise Stock Down 1.5%

Shares of NYSE:HPE opened at $21.05 on Monday. The company has a market cap of $28.09 billion, a price-to-earnings ratio of -350.77, a PEG ratio of 0.58 and a beta of 1.32. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average price of $22.76 and a 200 day moving average price of $22.84.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, equities research analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were given a $0.1425 dividend. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio is -950.00%.

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.