TD Asset Management Inc Has $28.96 Million Holdings in Hewlett Packard Enterprise Company $HPE

TD Asset Management Inc lifted its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 5.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,205,597 shares of the technology company’s stock after acquiring an additional 57,364 shares during the quarter. TD Asset Management Inc’s holdings in Hewlett Packard Enterprise were worth $28,958,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cibc World Market Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 8.3% in the fourth quarter. Cibc World Market Inc. now owns 262,141 shares of the technology company’s stock valued at $6,297,000 after purchasing an additional 20,105 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Hewlett Packard Enterprise by 44.5% during the fourth quarter. Sivia Capital Partners LLC now owns 15,582 shares of the technology company’s stock valued at $374,000 after buying an additional 4,795 shares in the last quarter. Lido Advisors LLC raised its position in Hewlett Packard Enterprise by 6.3% during the fourth quarter. Lido Advisors LLC now owns 99,459 shares of the technology company’s stock valued at $2,434,000 after buying an additional 5,855 shares during the period. CIBC Asset Management Inc raised its position in Hewlett Packard Enterprise by 60.2% during the fourth 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 during the period. Finally, Bank of New York Mellon Corp lifted its stake in Hewlett Packard Enterprise by 3.4% in the 4th quarter. Bank of New York Mellon Corp now owns 7,536,913 shares of the technology company’s stock worth $181,037,000 after acquiring an additional 245,872 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Buying and Selling

In other news, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 204,754 shares in the company, valued at approximately $6,144,667.54. This represents a 31.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of the stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total value of $475,517.97. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Price Performance

NYSE HPE opened at $49.16 on Monday. 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 stock has a market capitalization of $65.10 billion, a PE ratio of 45.95, a price-to-earnings-growth ratio of 0.78 and a beta of 1.42. Hewlett Packard Enterprise Company has a 12-month low of $17.49 and a 12-month high of $64.25. The company has a 50 day moving average price of $31.65 and a two-hundred day moving average price of $25.67.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. The company had revenue of $10.68 billion for 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%. Hewlett Packard Enterprise’s quarterly revenue was up 40.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($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. As a group, equities analysts predict 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 announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Weiss Ratings raised Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. UBS Group boosted their price objective on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Susquehanna increased their target price on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Bank of America lifted their target price on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $64.65.

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.