Evolve Private Wealth LLC Acquires New Position in Hewlett Packard Enterprise Company $HPE

Evolve Private Wealth LLC bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the 4th quarter, Holdings Channel reports. The institutional investor bought 171,474 shares of the technology company’s stock, valued at approximately $4,143,000.

Other large investors have also recently modified their holdings of the company. Headlands Technologies LLC bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth $26,000. Clearstead Trust LLC grew its position in Hewlett Packard Enterprise by 93.8% in the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after acquiring an additional 625 shares during the last quarter. Thompson Investment Management Inc. acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth about $34,000. JFS Wealth Advisors LLC lifted its holdings in shares of Hewlett Packard Enterprise by 40.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after acquiring an additional 451 shares during the last quarter. Finally, WealthCollab LLC boosted its stake in shares of Hewlett Packard Enterprise by 121.8% in the 4th quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock valued at $40,000 after purchasing an additional 910 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE expanded its collaboration with Cadence to support AI-driven data center modernization, reinforcing its position in enterprise infrastructure and AI-ready computing. Cadence and HPE expand collaboration to support AI-driven data centre modernisation
• Positive Sentiment: HPE picked up more Nvidia-related momentum as it adds more GPU and AI capabilities to its stack, which could improve its competitiveness in agentic AI and high-performance infrastructure. HPE nabs more Nvidia fuel to augment agentic AI efforts
• Positive Sentiment: Analysts and commentators remained constructive, with pieces arguing HPE could be undervalued and positioned as a pure-play enterprise AI beneficiary, which can boost investor sentiment. Hewlett Packard Enterprise (HPE) Stock Could Be 24.6% Undervalued After AI Networking Push
• Positive Sentiment: HPE continued to deepen its ecosystem, including Juniper-related networking technology and disaster-recovery partnerships for Kubernetes, reinforcing its hybrid cloud and enterprise software story. HPE drives more Juniper Networks self-driving tech into its stack
• Neutral Sentiment: HPE’s Discover IR Summit transcript and related conference coverage likely highlighted strategy and execution, but these are more informational than directly market-moving. Hewlett Packard Enterprise Company (HPE) Presents at 2026 HPE Discover IR Summit Transcript
• Neutral Sentiment: Industry recognition such as partner awards and software launches for HPE Nonstop and GreenLake add credibility, but they are incremental rather than major catalysts. WEI Named 2026 HPE North America Partner of the Year
• Neutral Sentiment: Wall Street commentary calling HPE a “strong buy” or a stock to own in the rebound supports the bullish narrative, though it does not by itself change fundamentals. The Best Soaring “Strong Buy” Stocks to Buy Now as the Market Rebounds

Hewlett Packard Enterprise Trading Down 0.7%

Shares of NYSE HPE opened at $48.03 on Thursday. The firm has a 50 day moving average price of $35.46 and a two-hundred day moving average price of $27.19. The stock has a market cap of $63.61 billion, a P/E ratio of 44.89, a price-to-earnings-growth ratio of 0.52 and a beta of 1.42. Hewlett Packard Enterprise Company has a 52-week low of $17.49 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 issued its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. The company had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. Hewlett Packard Enterprise’s revenue was up 40.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.82) earnings per share. 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 forecast that Hewlett Packard Enterprise Company will post 2.88 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

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

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, 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 value of $475,517.97. The transaction 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. Also, CFO Marie Myers sold 93,583 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total value of $2,808,425.83. Following the transaction, the chief financial officer owned 204,754 shares of the company’s stock, valued at $6,144,667.54. This trade represents a 31.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 702,402 shares of company stock worth $18,440,171. 0.44% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on HPE shares. Truist Financial reiterated a “buy” rating and set a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. Argus boosted their target price on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Citigroup upped their price target on shares of Hewlett Packard Enterprise from $39.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target 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. Finally, Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.