First Dallas Securities Inc. Has $956,000 Stock Position in Hewlett Packard Enterprise Company $HPE

First Dallas Securities Inc. decreased its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 38.9% in the 4th quarter, HoldingsChannel reports. The fund owned 39,802 shares of the technology company’s stock after selling 25,376 shares during the period. First Dallas Securities Inc.’s holdings in Hewlett Packard Enterprise were worth $956,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in Hewlett Packard Enterprise by 24.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 215,593 shares of the technology company’s stock valued at $5,179,000 after acquiring an additional 41,896 shares in the last quarter. Viking Fund Management LLC raised its holdings in Hewlett Packard Enterprise by 22.5% in the 4th quarter. Viking Fund Management LLC now owns 490,000 shares of the technology company’s stock valued at $11,770,000 after acquiring an additional 90,000 shares in the last quarter. Freemont Management S.A. grew its stake in shares of Hewlett Packard Enterprise by 197.1% in the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock valued at $5,217,000 after purchasing an additional 144,100 shares during the period. CIBC Asset Management Inc grew its stake in shares of Hewlett Packard Enterprise by 60.2% in the 4th quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after purchasing an additional 126,938 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Hewlett Packard Enterprise by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after purchasing an additional 1,917,719 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, CFO Marie Myers sold 93,583 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the sale, the chief financial officer directly owned 204,754 shares in the company, valued at $6,144,667.54. This represents a 31.37% decrease in their position. The transaction was disclosed in a legal filing 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. Also, EVP Neil B. Macdonald sold 24,251 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $27.01, for a total value of $655,019.51. Following the sale, the executive vice president owned 32,243 shares in the company, valued at approximately $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 Down 3.5%

NYSE HPE opened at $48.15 on Wednesday. The firm has a market cap of $63.76 billion, a PE ratio of 45.00, a price-to-earnings-growth ratio of 0.79 and a beta of 1.42. Hewlett Packard Enterprise Company has a one year low of $17.49 and a one year high of $64.25. The stock’s 50 day simple moving average is $32.63 and its 200 day simple moving average is $26.07. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPE) last released 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 business had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.Hewlett Packard Enterprise’s revenue for the quarter was up 40.0% on a year-over-year basis. During the same period in the prior year, the company earned ($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. As a group, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Barclays upped their price objective on Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. The Goldman Sachs Group upped their price objective on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. JPMorgan Chase & Co. upped their price objective 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, Truist Financial reiterated a “buy” rating and issued a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. Eleven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and an average target price of $64.65.

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.