EJMK Ventures LLC Invests $470,000 in Hewlett Packard Enterprise Company $HPE

EJMK Ventures LLC bought a new position in Hewlett Packard Enterprise Company (NYSE:HPE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,391 shares of the technology company’s stock, valued at approximately $470,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise during the second quarter valued at about $26,000. SJS Investment Consulting Inc. grew its stake in shares of Hewlett Packard Enterprise by 159.5% in the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after purchasing an additional 716 shares during the last quarter. Union Savings Bank bought a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth about $30,000. Reflection Asset Management purchased a new position in Hewlett Packard Enterprise during the 4th quarter valued at about $31,000. Finally, WealthCollab LLC increased its holdings in Hewlett Packard Enterprise by 121.8% during the 4th quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock valued at $40,000 after purchasing an additional 910 shares during the period. 80.78% of the stock is currently owned by institutional investors.

Insider Activity at Hewlett Packard Enterprise

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

Hewlett Packard Enterprise Stock Down 1.7%

HPE stock opened at $58.79 on Friday. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $64.25. The business’s 50 day moving average price is $48.21 and its two-hundred day moving average price is $34.54. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. The company has a market capitalization of $77.85 billion, a price-to-earnings ratio of 54.94, a price-to-earnings-growth ratio of 0.63 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the prior year, the company earned ($0.82) EPS. The business’s 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. As a group, analysts forecast that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.57 annualized dividend and a yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 53.27%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HPE shares. Piper Sandler reiterated a “neutral” rating and issued a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Raymond James Financial boosted their target price on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. Wells Fargo & Company upped their target price on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday, June 2nd. UBS Group raised their price target on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Finally, Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $69.80.

Hewlett Packard Enterprise Company 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.