Kesler Norman & Wride LLC grew its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 28.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 46,367 shares of the technology company’s stock after purchasing an additional 10,184 shares during the period. Kesler Norman & Wride LLC’s holdings in Hewlett Packard Enterprise were worth $1,114,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in Hewlett Packard Enterprise during the 2nd quarter worth about $26,000. Clearstead Trust LLC raised its holdings in shares of Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after purchasing an additional 625 shares during the period. Thompson Investment Management Inc. bought a new stake in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $34,000. JFS Wealth Advisors LLC grew its stake in Hewlett Packard Enterprise by 40.5% in the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock valued at $38,000 after buying an additional 451 shares during the last quarter. Finally, WealthCollab LLC grew its stake in Hewlett Packard Enterprise by 121.8% in the 4th quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock valued at $40,000 after buying an additional 910 shares during the last quarter. 80.78% of the stock is owned by institutional investors.
Hewlett Packard Enterprise Price Performance
Shares of NYSE:HPE opened at $56.05 on Wednesday. Hewlett Packard Enterprise Company has a 52 week low of $17.16 and a 52 week high of $64.25. The firm’s fifty day moving average is $29.23 and its 200-day moving average is $24.80. The firm has a market cap of $74.37 billion, a PE ratio of 52.39, a price-to-earnings-growth ratio of 1.20 and a beta of 1.42. 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 Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently -300.00%.
Key Headlines Impacting Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE reported Q2 earnings of $0.79 per share on revenue of $10.68 billion, beating Wall Street estimates and marking 40% year-over-year revenue growth as networking demand jumped. HPE Reports Fiscal 2026 Second Quarter Results
- Positive Sentiment: The company lifted full-year fiscal 2026 guidance well above analyst expectations and said it is now on track to hit 2028 financial targets two years early, reinforcing the view that AI demand is accelerating growth. HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
- Positive Sentiment: Analysts turned more constructive after the report, with multiple firms raising price targets and several reiterating buy/overweight views, suggesting expectations are being reset higher. Analyst target updates via Benzinga
- Positive Sentiment: HPE also introduced a new NVIDIA Vera CPU-based server for agentic AI workloads, adding another catalyst tied to its AI server strategy. HPE Introduces CPU Server with NVIDIA Vera CPU, Purpose-built for Agentic AI
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on HPE shares. Piper Sandler reiterated a “neutral” rating and issued a $63.00 price target (up from $23.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday. Truist Financial reiterated a “buy” rating and set a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday. 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. Morgan Stanley increased their price target on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Finally, UBS Group raised their target price 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. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and an average price target of $59.47.
Check Out Our Latest Stock Analysis on HPE
Insider Transactions at Hewlett Packard Enterprise
In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the sale, the director directly owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. The trade was a 44.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, May 5th. The shares were 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 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 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. In the last quarter, insiders sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is owned by insiders.
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.
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