Wealth High Governance Capital Ltda Increases Position in Hewlett Packard Enterprise Company $HPE

Wealth High Governance Capital Ltda lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 117.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 540,000 shares of the technology company’s stock after buying an additional 292,000 shares during the quarter. Hewlett Packard Enterprise comprises 3.8% of Wealth High Governance Capital Ltda’s portfolio, making the stock its 9th largest position. Wealth High Governance Capital Ltda’s holdings in Hewlett Packard Enterprise were worth $13,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HPE. Empowered Funds LLC raised its position in shares of Hewlett Packard Enterprise by 317.3% in the 1st 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 in the last quarter. Geneos Wealth Management Inc. boosted its position 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 valued at $69,000 after purchasing an additional 1,377 shares in the last quarter. Prospera Financial Services Inc grew its stake in Hewlett Packard Enterprise by 38.5% in the second quarter. Prospera Financial Services Inc now owns 40,521 shares of the technology company’s stock worth $829,000 after purchasing an additional 11,262 shares during the period. Campbell & CO Investment Adviser LLC purchased a new stake in Hewlett Packard Enterprise in the second quarter worth $912,000. Finally, ProShare Advisors LLC raised its holdings in Hewlett Packard Enterprise by 12.0% in the second quarter. ProShare Advisors LLC now owns 285,704 shares of the technology company’s stock worth $5,843,000 after purchasing an additional 30,712 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of Hewlett Packard Enterprise stock in a transaction on Monday, December 29th. The stock was sold at an average price of $24.49, for a total value of $647,931.93. Following the completion of the sale, the chief executive officer owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the transaction, the senior vice president owned 18,785 shares of the company’s stock, valued at $462,298.85. This represents a 66.00% decrease in their position. The SEC filing for this sale provides additional information. 0.44% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on HPE shares. The Goldman Sachs Group assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They set a “buy” rating and a $31.00 target price on the stock. Bank of America increased their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday. Citigroup lifted their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday. Morgan Stanley boosted their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and an average price target of $26.50.

Hewlett Packard Enterprise Stock Up 0.2%

Shares of NYSE HPE traded up $0.04 during trading on Friday, reaching $21.62. The company had a trading volume of 3,539,185 shares, compared to its average volume of 17,666,240. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44. The company has a quick ratio of 0.76, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The business’s 50-day moving average is $21.96 and its 200 day moving average is $23.06. The stock has a market cap of $28.73 billion, a PE ratio of -113.66, a P/E/G ratio of 0.56 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. 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 $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter in the previous year, the firm earned $0.49 EPS. Hewlett Packard Enterprise’s quarterly revenue was up 18.4% compared to the same quarter last year. 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. As a group, equities analysts forecast that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Tuesday, March 24th. This represents a $0.57 annualized dividend and a dividend yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -300.00%.

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.