State of Wyoming Raises Stake in Hewlett Packard Enterprise Company $HPE

State of Wyoming lifted its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 83.1% during the first quarter, HoldingsChannel reports. The firm owned 60,273 shares of the technology company’s stock after purchasing an additional 27,352 shares during the period. State of Wyoming’s holdings in Hewlett Packard Enterprise were worth $1,435,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in HPE. Investment Research Partners LLC boosted its position in Hewlett Packard Enterprise by 2.0% in the 4th quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock valued at $527,000 after buying an additional 423 shares during the period. D.A. Davidson & CO. increased its position in shares of Hewlett Packard Enterprise by 4.5% during the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock worth $238,000 after acquiring an additional 429 shares during the period. TD Private Client Wealth LLC raised its stake in shares of Hewlett Packard Enterprise by 0.6% during the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock valued at $1,940,000 after acquiring an additional 448 shares in the last quarter. JFS Wealth Advisors LLC raised its stake in shares of 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 acquiring an additional 451 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of Hewlett Packard Enterprise by 1.3% in the fourth quarter. Parallel Advisors LLC now owns 40,209 shares of the technology company’s stock valued at $966,000 after purchasing an additional 501 shares during the period. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE is getting a lift from renewed enthusiasm for AI servers after Super Micro’s strong preliminary update signaled that demand for AI infrastructure remains very robust, which also boosted peers like HPE and Dell. Dell, HP Enterprise Stocks Jump. How Super Micro Is Giving Them a Boost.
• Positive Sentiment: Recent coverage points to HPE’s AI order book as a key reason for the stock’s strength, suggesting investors see durable momentum in AI-related demand. What HPE Stock’s AI Order Book Was Saying Before The Surge
• Positive Sentiment: HPE also expanded its GTT partnership to launch new secure networking services, supporting the view that networking is becoming an increasingly important profit driver for the company. Hewlett Packard Enterprise (HPE) Expands GTT Partnership To Launch New Secure Networking Services
• Positive Sentiment: Another tailwind came from reports that HPE is deepening its cloud push, reinforcing investor optimism about longer-term growth beyond traditional hardware sales. Hewlett Packard Enterprise (NYSE:HPE) Deepens Cloud Push
• Neutral Sentiment: Broader market commentary suggests some AI stocks were pausing for profit-taking after a strong rebound, which may temper gains even as the longer-term AI case remains intact. Super Micro, HPE, Intel, Marvell, and More Stocks That Explain Today’s Market
• Neutral Sentiment: Analysts continue to argue the AI bull case is still alive, but this is more a thematic backdrop than a company-specific catalyst for HPE. The AI Bull Case Lives On: What You Need to Know

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the sale, the director directly owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. This represents a 44.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Kirt P. Karros sold 18,785 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. 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 118,850 shares of company stock valued at $3,908,125 over the last quarter. 0.44% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have commented on HPE. Sanford C. Bernstein raised their price objective on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. upped their target price on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. Citigroup increased their price target on Hewlett Packard Enterprise from $39.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Weiss Ratings upgraded Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, Truist Financial reaffirmed 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $67.06.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE:HPE opened at $48.26 on Thursday. The company has a market capitalization of $63.91 billion, a price-to-earnings ratio of 45.10, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. Hewlett Packard Enterprise Company has a 52 week low of $19.64 and a 52 week high of $64.25. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The firm has a 50 day moving average of $44.56 and a 200 day moving average of $31.10.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share 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 company had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the prior year, the business earned ($0.82) earnings per share. Hewlett Packard Enterprise’s 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 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was 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 (DPR) is presently 53.27%.

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.