Heritage Trust Co Has $5.86 Million Stake in Hewlett Packard Enterprise Company $HPE

Heritage Trust Co increased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 7.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 243,925 shares of the technology company’s stock after acquiring an additional 16,134 shares during the period. Heritage Trust Co’s holdings in Hewlett Packard Enterprise were worth $5,859,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in HPE. Root Financial Partners LLC grew its holdings in Hewlett Packard Enterprise by 53.4% in the 4th quarter. Root Financial Partners LLC now owns 11,263 shares of the technology company’s stock valued at $271,000 after buying an additional 3,922 shares during the last quarter. Minneapolis Portfolio Management Group LLC grew its holdings in Hewlett Packard Enterprise by 2.3% in the 4th quarter. Minneapolis Portfolio Management Group LLC now owns 757,066 shares of the technology company’s stock valued at $18,185,000 after buying an additional 16,901 shares during the last quarter. BNP Paribas grew its holdings in Hewlett Packard Enterprise by 20,371.2% in the 4th quarter. BNP Paribas now owns 158,652 shares of the technology company’s stock valued at $3,811,000 after buying an additional 157,877 shares during the last quarter. New Mexico Educational Retirement Board grew its holdings in Hewlett Packard Enterprise by 2.4% in the 4th quarter. New Mexico Educational Retirement Board now owns 60,708 shares of the technology company’s stock valued at $1,458,000 after buying an additional 1,400 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in Hewlett Packard Enterprise by 0.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 467,208 shares of the technology company’s stock valued at $11,222,000 after buying an additional 2,738 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Key Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE posted record second-quarter results, beating estimates on both earnings and revenue. Adjusted EPS came in at $0.79 versus $0.54 expected, while revenue reached $10.68 billion, above the $9.78 billion consensus, signaling strong execution and demand. HPE Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: The company pulled forward its long-term financial targets by two years after saying AI data center expansion is boosting demand for its servers and networking gear, reinforcing the growth story behind the stock move. Reuters article on accelerated financial targets
• Positive Sentiment: Management also raised fiscal 2026 and Q3 guidance well above Wall Street expectations, which suggests the AI server demand is not a one-quarter spike but a longer-lasting tailwind. Reuters article on HPE surges 29% as AI infrastructure boom boosts server demand
• Positive Sentiment: Networking revenue reportedly jumped 148%, underscoring broad strength across HPE’s infrastructure portfolio and helping fuel investor enthusiasm. MarketWatch article on networking revenue growth
• Neutral Sentiment: HPE also added Elliott partner Chris Hsu to its board, a governance move that may be seen as supportive of strategy and capital allocation but is not the main driver of the stock today. HPE Names Chris Hsu to Board of Directors

Analysts Set New Price Targets

HPE has been the topic of a number of research analyst reports. Citigroup raised their target price on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Wall Street Zen lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Tuesday. Bank of America lifted their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Raymond James Financial reissued an “outperform” rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Finally, Truist Financial assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a “buy” rating and a $31.00 price objective on the stock. 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.88.

Insider Transactions at Hewlett Packard Enterprise

In other news, CFO Marie Myers sold 93,583 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total value of $2,808,425.83. Following the completion of the sale, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. This trade represents a 31.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 34,001 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the sale, the executive vice president directly owned 17,001 shares of the company’s stock, valued at $426,385.08. This trade represents a 66.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Trading Up 10.1%

Shares of HPE opened at $47.37 on Tuesday. The stock has a fifty day moving average price of $29.23 and a two-hundred day moving average price of $24.80. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. Hewlett Packard Enterprise Company has a 52-week low of $17.02 and a 52-week high of $47.97. The company has a market cap of $62.85 billion, a price-to-earnings ratio of -249.32, a PEG ratio of 1.10 and a beta of 1.28.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.25. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. During the same quarter in the previous year, the company posted ($0.82) EPS. The business’s revenue for the quarter 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. Analysts predict that Hewlett Packard Enterprise Company will post 1.97 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were given a $0.1425 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 1.2%. Hewlett Packard Enterprise’s payout ratio is presently -300.00%.

About Hewlett Packard Enterprise

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.