Hewlett Packard Enterprise Company $HPE Shares Acquired by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC increased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 87.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,658 shares of the technology company’s stock after purchasing an additional 14,325 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Hewlett Packard Enterprise were worth $730,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. SJS Investment Consulting Inc. raised its holdings in shares of Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after purchasing an additional 716 shares during the period. Apollon Wealth Management LLC raised its stake in Hewlett Packard Enterprise by 92.0% during the first quarter. Apollon Wealth Management LLC now owns 72,407 shares of the technology company’s stock worth $1,724,000 after acquiring an additional 34,699 shares during the period. Louisiana State Employees Retirement System acquired a new stake in Hewlett Packard Enterprise during the first quarter worth about $1,612,000. Kestra Private Wealth Services LLC lifted its holdings in Hewlett Packard Enterprise by 7.0% in the first quarter. Kestra Private Wealth Services LLC now owns 59,964 shares of the technology company’s stock worth $1,428,000 after acquiring an additional 3,932 shares during the last quarter. Finally, Aspen Capital Management LLC lifted its holdings in Hewlett Packard Enterprise by 4.8% in the first quarter. Aspen Capital Management LLC now owns 12,689 shares of the technology company’s stock worth $302,000 after acquiring an additional 579 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 17,001 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total transaction of $475,517.97. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 204,754 shares of the company’s stock, valued at $6,144,667.54. The trade was a 31.37% decrease in their position. 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. In the last three months, insiders sold 310,102 shares of company stock valued at $9,013,662. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Stock Performance

HPE opened at $43.95 on Thursday. 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 business’s 50 day moving average is $39.68 and its 200-day moving average is $28.83. The stock has a market cap of $58.20 billion, a PE ratio of 41.07, a price-to-earnings-growth ratio of 0.49 and a beta of 1.42. Hewlett Packard Enterprise Company has a twelve month low of $19.64 and a twelve month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $9.78 billion. During the same period in the prior year, the company posted ($0.82) EPS. The business’s revenue for the quarter was up 40.0% compared to the same quarter last year. 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, analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid 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%.

Analysts Set New Price Targets

Several equities analysts have recently commented on HPE shares. The Goldman Sachs Group upped their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Raymond James Financial boosted their price objective on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. Argus upped their price objective on Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Barclays increased their target price on Hewlett Packard Enterprise from $28.00 to $67.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Piper Sandler reiterated a “neutral” rating and issued a $63.00 target price (up from $23.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and a consensus target price of $64.65.

Hewlett Packard Enterprise Company 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.