100,068 Shares in Hewlett Packard Enterprise Company $HPE Acquired by First Nebraska Trust Co

First Nebraska Trust Co bought a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 100,068 shares of the technology company’s stock, valued at approximately $4,514,000.

Several other hedge funds also recently modified their holdings of HPE. Freemont Management S.A. raised its position in shares of Hewlett Packard Enterprise by 197.1% during the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock valued at $5,217,000 after acquiring an additional 144,100 shares during the last quarter. CIBC Asset Management Inc lifted its stake in shares of Hewlett Packard Enterprise by 60.2% in the 4th quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after purchasing an additional 126,938 shares during the period. Irenic Capital Management LP bought a new position in shares of Hewlett Packard Enterprise in the 1st quarter worth $18,691,000. Vanguard Group Inc. grew its stake in shares of Hewlett Packard Enterprise by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock worth $4,156,870,000 after purchasing an additional 1,917,719 shares during the period. Finally, Banque Cantonale Vaudoise grew its stake in shares of Hewlett Packard Enterprise by 73.6% during the fourth quarter. Banque Cantonale Vaudoise now owns 234,456 shares of the technology company’s stock worth $5,632,000 after purchasing an additional 99,412 shares during the period. Institutional investors own 80.78% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on HPE. Wells Fargo & Company increased their target price on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 2nd. The Goldman Sachs Group boosted their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Sanford C. Bernstein upped their price target on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. increased 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. Finally, Loop Capital raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.80.

Hewlett Packard Enterprise Stock Performance

HPE stock opened at $53.48 on Friday. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $64.25. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The firm has a market cap of $70.82 billion, a PE ratio of 49.98, a P/E/G ratio of 0.58 and a beta of 1.42. The business’s 50-day moving average price is $48.90 and its two-hundred day moving average price is $35.69.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly 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. The company had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The company’s revenue for the quarter was up 40.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.82) earnings per share. 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, research analysts forecast that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company’s stock.

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.