Minneapolis Portfolio Management Group LLC increased its stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 2.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 757,066 shares of the technology company’s stock after purchasing an additional 16,901 shares during the quarter. Hewlett Packard Enterprise makes up 2.1% of Minneapolis Portfolio Management Group LLC’s investment portfolio, making the stock its 28th largest holding. Minneapolis Portfolio Management Group LLC owned about 0.06% of Hewlett Packard Enterprise worth $18,185,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the stock. Bleakley Financial Group LLC increased 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 increased 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 increased 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 stake 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 worth $375,000 after purchasing an additional 489 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. increased its stake 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 worth $844,000 after purchasing an additional 539 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Hewlett Packard Enterprise Stock Up 10.1%
HPE opened at $47.37 on Tuesday. The business has a 50 day moving average price of $29.23 and a 200 day moving average price of $24.80. Hewlett Packard Enterprise Company has a twelve month low of $17.02 and a twelve month high of $47.97. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. The firm has a market cap of $62.85 billion, a P/E ratio of -249.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.28.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is currently -300.00%.
Key Hewlett Packard Enterprise News
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE reported adjusted EPS of $0.79, well above Wall Street’s $0.54 estimate, showing stronger-than-expected profitability. Article Title
- Positive Sentiment: Revenue came in at $10.68 billion versus $9.78 billion expected, with year-over-year sales growth of 40%, reinforcing that demand remains strong. Read More.
- Positive Sentiment: The company said networking revenue surged 148%, highlighting robust AI infrastructure and networking demand as customers build out AI data centers. Article Title
- Positive Sentiment: Management raised guidance sharply, with Q3 EPS and revenue outlooks both above consensus, and also increased full-year FY2026 targets. Article Title
- Positive Sentiment: HPE said it now expects to reach its 2028 financial targets two years early, reflecting confidence in AI-driven demand and execution. Article Title
- Positive Sentiment: HPE also announced a new NVIDIA Vera CPU-based server designed for agentic AI workloads, which supports the company’s push deeper into AI infrastructure. Article Title
- Neutral Sentiment: HPE named Elliott partner Chris Hsu to its board, a governance update that is not likely to drive near-term results by itself. Article Title
Wall Street Analysts Forecast Growth
HPE has been the subject of a number of research reports. Wall Street Zen lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Tuesday. Truist Financial initiated coverage on Hewlett Packard Enterprise in a research report on Tuesday, March 31st. They set a “buy” rating and a $31.00 price objective for the company. Raymond James Financial restated an “outperform” rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Finally, Morgan Stanley raised their price objective on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.88.
View Our Latest Report on Hewlett Packard Enterprise
Insider Buying and Selling
In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 112,652 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total value of $2,826,438.68. Following the transaction, the executive vice president directly owned 56,494 shares of the company’s stock, valued at $1,417,434.46. The trade was a 66.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the transaction, the director directly owned 8,018 shares in the company, valued at approximately $233,323.80. This represents a 44.70% 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 quarter, insiders sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is currently owned by company insiders.
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.
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