19,814 Shares in Hewlett Packard Enterprise Company $HPE Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. purchased a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,814 shares of the technology company’s stock, valued at approximately $894,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. Delos Wealth Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth approximately $27,000. SJS Investment Consulting Inc. grew its position in Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after acquiring an additional 716 shares during the last quarter. Union Savings Bank acquired a new stake in Hewlett Packard Enterprise during the 4th quarter valued at $30,000. Finally, First Bancorp Inc ME acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter valued at $30,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 18,785 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on HPE. Sanford C. Bernstein boosted their price objective on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. raised their target price on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Piper Sandler reaffirmed a “neutral” rating and issued a $63.00 price target (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Wall Street Zen downgraded shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 22nd. Finally, Citigroup increased their price objective on shares of Hewlett Packard Enterprise from $70.00 to $74.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $69.80.

Hewlett Packard Enterprise Stock Down 3.9%

Shares of HPE opened at $52.31 on Friday. The business’s fifty day moving average price is $49.46 and its two-hundred day moving average price is $36.77. The firm has a market capitalization of $69.27 billion, a price-to-earnings ratio of 48.89, a PEG ratio of 0.58 and a beta of 1.42. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 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.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The company 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) earnings per share. The firm’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. On average, analysts predict that Hewlett Packard Enterprise Company will post 2.92 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were given 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 yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: J.P. Morgan assigned HPE a Buy rating, adding to the bullish analyst support for the company. Hewlett Packard Enterprise Receives a Buy from J.P. Morgan
• Positive Sentiment: Analysts’ average price target implies approximately 25.5% upside, while upward earnings-estimate revisions suggest expectations for a potential earnings beat. The article cautions that price targets alone are not always reliable. HPE Potential Rally Analysis
• Positive Sentiment: HPE’s third-quarter outlook is supported by demand for AI infrastructure, networking, and hybrid-cloud solutions, with its expanded product portfolio potentially supporting revenue growth. HPE Q3 Earnings Preview
• Neutral Sentiment: Brokerages collectively rate HPE “Moderate Buy,” indicating broadly favorable sentiment but not unanimous conviction. HPE Consensus Recommendation
• Neutral Sentiment: Investors are awaiting detailed third-quarter projections for revenue, earnings, margins, and other operating metrics for the period ended July 2026. HPE Q3 Key Metrics Preview
• Negative Sentiment: Cisco may have an edge over HPE for long-term networking investors because of stronger hyperscaler AI orders, networking growth, and its expanding security business. HPE Versus Cisco Networking Comparison
• Negative Sentiment: HPE’s multiyear global Wi-Fi patent agreement with a blacklisted supplier could raise compliance and reputational concerns, despite resolving intellectual-property issues. HPE Global WiFi Patent Deal

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.