Epoch Investment Partners Inc. Has $129.97 Million Stake in Hewlett Packard Enterprise Company $HPE

Epoch Investment Partners Inc. reduced its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 0.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,458,404 shares of the technology company’s stock after selling 28,237 shares during the period. Epoch Investment Partners Inc. owned approximately 0.41% of Hewlett Packard Enterprise worth $129,965,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in HPE. Mirae Asset Global Investments Co. Ltd. grew its stake in Hewlett Packard Enterprise by 24.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 215,593 shares of the technology company’s stock worth $5,179,000 after buying an additional 41,896 shares in the last quarter. Freemont Management S.A. raised its position in shares of Hewlett Packard Enterprise by 197.1% in the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock valued at $5,217,000 after buying an additional 144,100 shares in the last quarter. CIBC Asset Management Inc raised its position in shares of Hewlett Packard Enterprise by 60.2% in the 4th quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after buying an additional 126,938 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock worth $4,156,870,000 after acquiring an additional 1,917,719 shares during the period. Finally, Merit Financial Group LLC lifted its holdings in shares of Hewlett Packard Enterprise by 133.8% during the 4th quarter. Merit Financial Group LLC now owns 96,825 shares of the technology company’s stock worth $2,326,000 after acquiring an additional 55,410 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on HPE. Citigroup boosted their price objective on shares of Hewlett Packard Enterprise from $70.00 to $74.00 and gave the company a “buy” rating in a research report on Friday. Susquehanna lifted their price target on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. 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. Raymond James Financial raised their price objective on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. Finally, The Goldman Sachs Group lifted their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $67.31.

Insider Transactions at Hewlett Packard Enterprise

In related news, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total transaction of $188,626.20. Following the sale, the director directly owned 8,018 shares in the company, valued at $233,323.80. This trade represents a 44.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 that occurred on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the sale, the chief financial officer directly owned 204,754 shares in the company, valued at $6,144,667.54. The trade was a 31.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 118,850 shares of company stock worth $3,908,125. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $47.64 on Friday. The firm’s fifty day moving average price is $45.12 and its two-hundred day moving average price is $31.38. The stock has a market cap of $63.08 billion, a PE ratio of 44.52, a PEG ratio of 0.52 and a beta of 1.42. Hewlett Packard Enterprise Company has a fifty-two week low of $19.64 and a fifty-two week high of $64.25. 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 announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. During the same period in the prior year, the business earned ($0.82) earnings per share. The company’s revenue for the quarter was up 40.0% compared to the same quarter last year. 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 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 53.27%.

Hewlett Packard Enterprise 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.