Mizuho Markets Cayman LP Purchases 248,585 Shares of Hewlett Packard Enterprise Company $HPE

Mizuho Markets Cayman LP raised its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 3,285.1% in the fourth quarter, HoldingsChannel reports. The fund owned 256,152 shares of the technology company’s stock after acquiring an additional 248,585 shares during the period. Mizuho Markets Cayman LP’s holdings in Hewlett Packard Enterprise were worth $6,153,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in HPE. Empowered Funds LLC boosted its holdings in shares of Hewlett Packard Enterprise by 317.3% during the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after acquiring an additional 113,906 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 44.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after acquiring an additional 1,377 shares during the period. Brown Advisory Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 4.4% during the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after acquiring an additional 996 shares during the period. Jump Financial LLC boosted its holdings in shares of Hewlett Packard Enterprise by 25.8% during the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock worth $320,000 after acquiring an additional 3,215 shares during the period. Finally, WINTON GROUP Ltd bought a new stake in shares of Hewlett Packard Enterprise during the second quarter worth approximately $207,000. Institutional investors own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HPE shares. Citigroup boosted their price target on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Bank of America boosted their price target on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Raymond James Financial reiterated an “outperform” rating and issued a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. Truist Financial started coverage on Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They issued a “buy” rating and a $31.00 price target for the company. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, March 25th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $27.88.

Hewlett Packard Enterprise Trading Up 10.7%

Shares of HPE stock opened at $37.60 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. The stock has a market cap of $49.89 billion, a P/E ratio of -197.88, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28. The stock has a 50 day simple moving average of $27.00 and a 200 day simple moving average of $24.09. Hewlett Packard Enterprise Company has a 1 year low of $17.02 and a 1 year high of $37.75.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The business had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same period in the previous year, the business earned $0.49 earnings per share. The company’s revenue was up 18.4% on a year-over-year basis. 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, research analysts predict that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is currently -300.00%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 34,001 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total transaction of $852,745.08. Following the completion of the transaction, the executive vice president directly owned 17,001 shares in the company, valued at $426,385.08. The trade was a 66.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Bethany Mayer sold 6,482 shares of the business’s 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 transaction, the director owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. This represents a 44.70% decrease in their ownership of the stock. 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 quarter, insiders sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is currently owned by 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.