EFG International AG Makes New $4.99 Million Investment in Hewlett Packard Enterprise Company $HPE

EFG International AG bought a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the second quarter, Holdings Channel reports. The fund bought 110,379 shares of the technology company’s stock, valued at approximately $4,988,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HPE. Sax Wealth Advisors LLC boosted its stake in shares of Hewlett Packard Enterprise by 2.9% in the second quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock worth $396,000 after acquiring an additional 244 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in Hewlett Packard Enterprise by 5.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company’s stock valued at $324,000 after purchasing an additional 355 shares during the last quarter. Investment Research Partners LLC lifted its holdings in Hewlett Packard Enterprise by 2.0% in the 4th quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock valued at $527,000 after purchasing an additional 423 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in Hewlett Packard Enterprise by 4.5% in the 1st quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock valued at $238,000 after purchasing an additional 429 shares in the last quarter. Finally, Compound Planning Inc. boosted its stake in Hewlett Packard Enterprise by 2.4% during the 1st quarter. Compound Planning Inc. now owns 18,951 shares of the technology company’s stock worth $451,000 after purchasing an additional 446 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Activity

In other news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. 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. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Trading Up 1.9%

Shares of HPE stock opened at $53.44 on Wednesday. The company’s 50-day moving average price is $49.08 and its 200-day moving average price is $36.22. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The stock has a market cap of $70.77 billion, a price-to-earnings ratio of 49.94, a PEG ratio of 0.56 and a beta of 1.42. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the prior year, the firm posted ($0.82) earnings per share. Hewlett Packard Enterprise’s quarterly revenue was up 40.0% on a year-over-year basis. 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, equities analysts predict that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Bank of America upped their target price on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Loop Capital upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and boosted their price target for the stock from $23.00 to $75.00 in a research report on Tuesday, June 2nd. Barclays upped their price objective on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Citigroup raised their target price on shares of Hewlett Packard Enterprise from $70.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. boosted their target price on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $69.80.

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.