756,341 Shares in Hewlett Packard Enterprise Company $HPE Purchased by Man Group plc

Man Group plc purchased a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 756,341 shares of the technology company’s stock, valued at approximately $34,119,000. Man Group plc owned 0.06% of Hewlett Packard Enterprise as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HPE. Headlands Technologies LLC acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $26,000. Delos Wealth Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter valued at $27,000. SJS Investment Consulting Inc. grew its holdings 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 valued at $28,000 after buying an additional 716 shares during the last quarter. Union Savings Bank purchased a new position in Hewlett Packard Enterprise during the fourth quarter worth $30,000. Finally, First Bancorp Inc ME acquired a new position in shares of Hewlett Packard Enterprise in the second quarter worth $30,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HPE has been the topic of several recent research reports. Truist Financial restated a “buy” rating and issued a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. Loop Capital raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and boosted their target price for the company from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Barclays upped their target price on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Wall Street Zen cut shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd. Finally, Piper Sandler reiterated a “neutral” rating and set a $63.00 price target (up from $23.00) on shares of Hewlett Packard Enterprise 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.80.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $55.22 on Thursday. The stock has a fifty day moving average price of $49.22 and a 200 day moving average price of $36.45. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $64.25. The firm has a market capitalization of $73.12 billion, a P/E ratio of 51.61, a PEG ratio of 0.58 and a beta of 1.42.

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, beating the consensus estimate 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 analysts’ expectations of $9.78 billion. During the same quarter in the previous year, the business earned ($0.82) EPS. The firm’s 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. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise’s payout ratio is presently 53.27%.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: Private-cloud AI demand is a key growth catalyst. HPE’s enterprise AI orders, backlog, and demand for Private Cloud AI reportedly remain strong, supporting expectations for continued growth in higher-value infrastructure and services. HPE’s Private Cloud AI Gains Momentum: What Lies Ahead?
• Positive Sentiment: Investors are positioning for the upcoming earnings report. Zacks expects HPE to have favorable conditions for a potential earnings beat, adding near-term anticipation. HPE’s prior report exceeded consensus earnings and revenue estimates, and management’s fiscal 2026 guidance provides a fundamental support for the bullish view. Hewlett Packard Enterprise Earnings Expected to Grow
• Positive Sentiment: Technical momentum has improved. HPE moved above its 20-day moving average after finding support, a signal that short-term traders may interpret as bullish. Another analysis describes a potential “bull flag” pattern ahead of earnings, although that price target is speculative. HPE Crossed Above the 20-Day Moving Average
• Neutral Sentiment: HPE was included among low price-to-book stocks with potential value and growth characteristics, but the article is a screening piece rather than a new company-specific catalyst. Five Low P/B Stocks
• Neutral Sentiment: Newegg Business is partnering with HPE to streamline server procurement and deployment. The deal may improve channel access, but no financial terms or material revenue impact were disclosed. Newegg Business Teams with HPE
• Negative Sentiment: Dell Technologies reportedly matched HPE’s 30-day price-quote guarantee, potentially reducing the differentiation of HPE’s sales policy and increasing competitive pressure. Dell Matches HPE’s Price Quote Guarantee

Insider Buying and Selling

In related news, SVP Kirt P. Karros sold 18,785 shares of the company’s 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company’s stock.

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.