Paradigm Capital Management LLC NV Has $865,000 Stock Holdings in Hewlett Packard Enterprise Company $HPE

Paradigm Capital Management LLC NV increased its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 46.1% in the first quarter, Holdings Channel.com reports. The firm owned 36,310 shares of the technology company’s stock after purchasing an additional 11,460 shares during the quarter. Paradigm Capital Management LLC NV’s holdings in Hewlett Packard Enterprise were worth $865,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HPE. Empowered Funds LLC raised its holdings in shares of Hewlett Packard Enterprise by 317.3% during the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after acquiring an additional 113,906 shares during the period. Geneos Wealth Management Inc. increased its holdings in Hewlett Packard Enterprise by 44.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after purchasing an additional 1,377 shares in the last quarter. Brown Advisory Inc. increased its holdings in Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after purchasing an additional 996 shares in the last quarter. Jump Financial LLC raised its stake in shares of Hewlett Packard Enterprise by 25.8% in the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after purchasing an additional 3,215 shares during the period. Finally, WINTON GROUP Ltd acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $207,000. Institutional investors own 80.78% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on HPE shares. Bank of America upped their price objective on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 10th. Piper Sandler restated a “neutral” rating and issued a $63.00 target price (up from $23.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. upped their price target on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Citigroup raised their price target on shares of Hewlett Packard Enterprise from $39.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $64.65.

Hewlett Packard Enterprise Trading Down 4.8%

Hewlett Packard Enterprise stock opened at $45.10 on Friday. The company has a market cap of $59.72 billion, a price-to-earnings ratio of 42.15, a P/E/G ratio of 0.51 and a beta of 1.42. The firm has a 50-day moving average of $43.34 and a 200-day moving average of $30.47. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a one year low of $19.64 and a one year high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last released 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. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The business had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. During the same quarter in the previous year, the business earned ($0.82) earnings per share. Hewlett Packard Enterprise’s quarterly revenue 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. On average, equities analysts expect that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

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

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 17,001 shares of the firm’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total value of $475,517.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of the business’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 in the company, valued at approximately $870,883.43. The trade was a 42.93% 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. Over the last quarter, insiders have sold 160,102 shares of company stock worth $5,038,662. Insiders own 0.44% of the company’s stock.

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.