19,843 Shares in Hewlett Packard Enterprise Company $HPE Acquired by Chapin Davis Inc.

Chapin Davis Inc. acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 19,843 shares of the technology company’s stock, valued at approximately $895,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HPE. Headlands Technologies LLC purchased a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $26,000. SJS Investment Consulting Inc. lifted its stake in shares of Hewlett Packard Enterprise by 159.5% in the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after buying an additional 716 shares in the last quarter. Union Savings Bank purchased a new position in shares of Hewlett Packard Enterprise in the fourth quarter worth about $30,000. Reflection Asset Management acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth about $31,000. Finally, WealthCollab LLC boosted its position in Hewlett Packard Enterprise by 121.8% during the fourth quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock worth $40,000 after acquiring an additional 910 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Trading Up 1.6%

Shares of Hewlett Packard Enterprise stock opened at $53.21 on Thursday. The firm has a market capitalization of $70.46 billion, a price-to-earnings ratio of 49.73, a PEG ratio of 0.57 and a beta of 1.42. Hewlett Packard Enterprise Company has a fifty-two week low of $19.65 and a fifty-two week high of $64.25. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. The stock has a 50 day moving average of $47.23 and a 200 day moving average of $32.92.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. The business had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($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 predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

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

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HPE. Zacks Research downgraded shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a report on Monday. Truist Financial restated a “buy” rating and set a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Susquehanna increased their price target on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Morgan Stanley lifted their price objective on Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 2nd. Finally, Citigroup boosted their price objective on Hewlett Packard Enterprise from $70.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Ten research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.93.

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.