19,902 Shares in Hewlett Packard Enterprise Company $HPE Acquired by EJMK Ventures LLC

EJMK Ventures LLC acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,902 shares of the technology company’s stock, valued at approximately $478,000.

Several other institutional investors have also added to or reduced their stakes in HPE. Headlands Technologies LLC bought a new stake in Hewlett Packard Enterprise during the second quarter worth $26,000. Reflection Asset Management bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $31,000. Clearstead Trust LLC raised its holdings in shares of Hewlett Packard Enterprise by 93.8% during the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after buying an additional 625 shares in the last quarter. Thompson Investment Management Inc. acquired a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth $34,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of Hewlett Packard Enterprise by 40.5% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after buying an additional 451 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HPE shares. Sanford C. Bernstein lifted their target price on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research report on Tuesday, June 2nd. Truist Financial reissued a “buy” rating and issued a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. The Goldman Sachs Group raised their price target on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company lifted their price target on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday, June 2nd. Finally, Raymond James Financial upped their price objective on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and an average price target of $64.65.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 264,432 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.18, for a total value of $6,658,397.76. Following the sale, the chief executive officer owned 1,837,329 shares in the company, valued at approximately $46,263,944.22. The trade was a 12.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Neil B. Macdonald sold 112,652 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total value of $2,826,438.68. Following the completion of the transaction, the executive vice president directly owned 56,494 shares in the company, valued at approximately $1,417,434.46. This represents a 66.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 702,402 shares of company stock worth $18,440,171 over the last 90 days. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Up 0.1%

NYSE:HPE opened at $47.44 on Friday. Hewlett Packard Enterprise Company has a one year low of $17.49 and a one year high of $64.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. The company has a market cap of $62.82 billion, a PE ratio of 44.34, a P/E/G ratio of 0.51 and a beta of 1.42. The firm’s 50 day simple moving average is $36.36 and its 200 day simple moving average is $27.51.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion during the quarter, compared to analysts’ expectations 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 revenue was up 40.0% on a year-over-year basis. During the same period in the prior year, the company posted ($0.82) EPS. 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, research analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

About Hewlett Packard Enterprise

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.