Fisher Asset Management LLC Has $8.47 Million Stake in Hewlett Packard Enterprise Company $HPE

Fisher Asset Management LLC boosted its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 3,952.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 352,515 shares of the technology company’s stock after acquiring an additional 343,816 shares during the period. Fisher Asset Management LLC’s holdings in Hewlett Packard Enterprise were worth $8,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Bleakley Financial Group LLC raised its stake in Hewlett Packard Enterprise by 1.0% in the 3rd quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock worth $1,045,000 after purchasing an additional 439 shares in the last quarter. TD Private Client Wealth LLC raised its stake in Hewlett Packard Enterprise by 0.6% in the 4th quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock worth $1,940,000 after purchasing an additional 448 shares in the last quarter. JFS Wealth Advisors LLC raised its stake in Hewlett Packard Enterprise by 40.5% in the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after purchasing an additional 451 shares in the last quarter. Western Wealth Management LLC increased its holdings in Hewlett Packard Enterprise by 3.3% in the 3rd quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock valued at $375,000 after buying an additional 489 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. increased its holdings in Hewlett Packard Enterprise by 1.6% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 35,130 shares of the technology company’s stock valued at $844,000 after buying an additional 539 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Truist Financial assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, March 31st. They issued a “buy” rating and a $31.00 target price on the stock. Raymond James Financial reissued an “outperform” rating and issued a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Finally, Morgan Stanley raised their target price on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average target price of $27.88.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $37.29 on Thursday. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. Hewlett Packard Enterprise Company has a 12 month low of $17.02 and a 12 month high of $38.58. The firm has a market cap of $49.48 billion, a P/E ratio of -196.28, a P/E/G ratio of 0.98 and a beta of 1.28. The company’s 50-day moving average price is $27.96 and its two-hundred day moving average price is $24.39.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The company had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The firm’s revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. On average, analysts anticipate that Hewlett Packard Enterprise Company will post 1.97 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 Thursday, April 23rd. Investors of record on Tuesday, March 24th were issued a dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 annualized dividend and a dividend yield of 1.5%. Hewlett Packard Enterprise’s payout ratio is -300.00%.

Insider Activity 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 of the company’s stock, valued at approximately $233,323.80. The trade was a 44.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $27.01, for a total transaction of $655,019.51. Following the sale, the executive vice president directly owned 32,243 shares in the company, valued at $870,883.43. This trade represents a 42.93% 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. Insiders sold a total of 702,402 shares of company stock worth $18,440,171 in the last ninety days. Insiders own 0.44% of the company’s stock.

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.