Diversify Advisory Services LLC Invests $724,000 in Hewlett Packard Enterprise Company $HPE

Diversify Advisory Services LLC bought a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,021 shares of the technology company’s stock, valued at approximately $724,000.

A number of other institutional investors also recently bought and sold shares of the stock. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise in the second quarter worth about $26,000. SJS Investment Consulting Inc. grew its holdings in shares of 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 worth $28,000 after acquiring an additional 716 shares during the period. Union Savings Bank purchased a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $30,000. Reflection Asset Management bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $31,000. Finally, Hilton Head Capital Partners LLC purchased a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at approximately $40,000. 80.78% of the stock is owned by institutional investors.

Insider Activity

In other news, SVP Kirt P. Karros sold 18,785 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Trading Down 0.4%

NYSE:HPE opened at $52.93 on Friday. The stock has a market cap of $70.09 billion, a price-to-earnings ratio of 49.47, a PEG ratio of 0.57 and a beta of 1.42. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The company’s 50 day moving average price is $48.80 and its 200-day moving average price is $35.57. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. The company had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm’s revenue for the quarter was up 40.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.82) EPS. 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 research analysts forecast that Hewlett Packard Enterprise Company will post 2.9 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. Stockholders of record on Tuesday, June 16th were paid a $0.1425 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise’s payout ratio is currently 53.27%.

Analyst Ratings Changes

Several research firms recently weighed in on HPE. Citigroup lifted their price target on Hewlett Packard Enterprise from $70.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Morgan Stanley raised Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and lowered their price objective for the company from $71.00 to $69.00 in a research report on Monday, August 10th. The Goldman Sachs Group boosted their target price on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Piper Sandler reaffirmed a “neutral” rating and issued a $63.00 target price (up from $23.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $69.80.

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.