Lido Advisors LLC Has $1.95 Million Stock Position in Hewlett Packard Enterprise Company $HPE

Lido Advisors LLC lowered its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 18.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,335 shares of the technology company’s stock after selling 18,124 shares during the quarter. Lido Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $1,947,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Hewlett Packard Enterprise by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after purchasing an additional 1,917,719 shares during the last quarter. Capital World Investors bought a new position in Hewlett Packard Enterprise in the fourth quarter valued at approximately $901,751,000. Geode Capital Management LLC grew its holdings in Hewlett Packard Enterprise by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock worth $835,626,000 after acquiring an additional 431,728 shares during the period. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise during the 4th quarter worth $433,537,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Hewlett Packard Enterprise by 0.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,193,841 shares of the technology company’s stock valued at $316,916,000 after acquiring an additional 49,508 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. Raymond James Financial lifted their price target on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group upped their price objective on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. UBS Group lifted their target price on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Finally, Zacks Research upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. One research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $67.31.

Hewlett Packard Enterprise Stock Down 0.1%

Shares of Hewlett Packard Enterprise stock opened at $47.64 on Monday. The business’s 50 day simple moving average is $45.12 and its 200 day simple moving average is $31.43. Hewlett Packard Enterprise Company has a 52-week low of $19.64 and a 52-week high of $64.25. The firm has a market cap of $63.08 billion, a PE ratio of 44.52, a P/E/G ratio of 0.52 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 released its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $10.68 billion for the quarter, compared to analysts’ expectations of $9.78 billion. During the same quarter in the previous year, the business posted ($0.82) EPS. The business’s quarterly revenue 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, analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise’s payout ratio is presently 53.27%.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Kirt P. Karros sold 18,785 shares of the company’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 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 stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total value of $2,808,425.83. Following the transaction, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at $6,144,667.54. This trade represents 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. In 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 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.