Banque Cantonale Vaudoise Sells 152,258 Shares of Hewlett Packard Enterprise Company $HPE

Banque Cantonale Vaudoise lowered its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 64.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 82,198 shares of the technology company’s stock after selling 152,258 shares during the period. Banque Cantonale Vaudoise’s holdings in Hewlett Packard Enterprise were worth $1,957,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HPE. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at $26,000. Union Savings Bank bought a new stake in Hewlett Packard Enterprise in the fourth quarter worth $30,000. Reflection Asset Management acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth $31,000. Thompson Investment Management Inc. bought a new position in Hewlett Packard Enterprise during the fourth quarter valued at about $34,000. Finally, JFS Wealth Advisors LLC raised its holdings in Hewlett Packard Enterprise by 40.5% during the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock valued at $38,000 after buying an additional 451 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Trading Down 6.6%

Shares of HPE opened at $43.63 on Friday. 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 $57.77 billion, a PE ratio of 40.77, a PEG ratio of 0.51 and a beta of 1.42. Hewlett Packard Enterprise Company has a 1 year low of $18.27 and a 1 year high of $64.25. The stock has a 50 day simple moving average of $38.62 and a 200-day simple moving average of $28.38.

Hewlett Packard Enterprise (NYSE:HPE) last announced 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 business had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the previous year, the firm earned ($0.82) EPS. 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. On average, sell-side analysts predict that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be issued a $0.1425 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.3%. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CFO Marie Myers sold 93,583 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total value of $2,808,425.83. Following the transaction, the chief financial officer directly owned 204,754 shares in the company, valued at $6,144,667.54. The trade was a 31.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of the company’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total transaction of $475,517.97. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 310,102 shares of company stock worth $9,013,662 over the last ninety days. Company insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

HPE has been the subject of several recent analyst reports. Bank of America upped their price target on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Raymond James Financial boosted their target price on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a report on Tuesday, June 2nd. Sanford C. Bernstein increased their price target on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a report on Tuesday, June 2nd. UBS Group boosted their price objective on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Finally, Morgan Stanley upped their price objective on shares of Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $64.65.

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.