Hewlett Packard Enterprise Company $HPE Holdings Lifted by Lifeworks Advisors LLC

Lifeworks Advisors LLC boosted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 25.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 311,370 shares of the technology company’s stock after buying an additional 62,844 shares during the period. Lifeworks Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $7,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. SJS Investment Consulting Inc. grew its stake in Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after acquiring an additional 716 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter worth approximately $26,000. Union Savings Bank purchased a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth approximately $30,000. Reflection Asset Management acquired a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth approximately $31,000. Finally, Thompson Investment Management Inc. acquired a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth approximately $34,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Trading Down 0.2%

NYSE:HPE opened at $48.45 on Monday. The stock’s 50 day moving average price is $41.93 and its 200 day moving average price is $29.83. Hewlett Packard Enterprise Company has a 52 week low of $19.64 and a 52 week high of $64.25. The company has a market capitalization of $64.16 billion, a P/E ratio of 45.28, a P/E/G ratio of 0.53 and a beta of 1.42. 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 (NYSE:HPE) last posted its earnings results 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 firm 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 company’s revenue was up 40.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.82) earnings per share. 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, research analysts forecast that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Hewlett Packard Enterprise’s payout ratio is presently 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 stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at $6,144,667.54. This represents a 31.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 310,102 shares of company stock worth $9,013,662 in the last 90 days. 0.44% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on HPE shares. UBS Group upped their price objective on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their target price on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Citigroup boosted their price target on shares of Hewlett Packard Enterprise from $39.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Finally, Raymond James Financial lifted their price objective on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average price target of $64.65.

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.