United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New Investment in Hewlett Packard Enterprise Company $HPE

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the fourth quarter, Holdings Channel reports. The firm bought 802,575 shares of the technology company’s stock, valued at approximately $19,278,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Hewlett Packard Enterprise by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after acquiring an additional 1,917,719 shares during the period. Geode Capital Management LLC boosted its position in shares of Hewlett Packard Enterprise by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock valued at $835,626,000 after acquiring an additional 431,728 shares during the period. Jericho Capital Asset Management L.P. bought a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $416,900,000. Legal & General Group Plc boosted its position in shares of Hewlett Packard Enterprise by 0.3% in the third quarter. Legal & General Group Plc now owns 13,241,459 shares of the technology company’s stock valued at $325,210,000 after acquiring an additional 36,765 shares during the period. Finally, Nordea Investment Management AB boosted its position in shares of Hewlett Packard Enterprise by 4.4% in the fourth quarter. Nordea Investment Management AB now owns 7,485,650 shares of the technology company’s stock valued at $179,693,000 after acquiring an additional 312,698 shares during the period. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 2.8%

Shares of HPE stock opened at $38.24 on Friday. The stock has a market cap of $50.74 billion, a P/E ratio of -201.27, a price-to-earnings-growth ratio of 0.95 and a beta of 1.28. Hewlett Packard Enterprise Company has a one year low of $17.02 and a one year high of $38.58. The stock has a fifty day moving average price of $28.29 and a 200 day moving average price of $24.49. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.Hewlett Packard Enterprise’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period last year, the business earned $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Analysts predict that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.

Insider Activity

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the transaction, the director directly owned 8,018 shares in the company, valued at $233,323.80. This represents a 44.70% decrease in their ownership of the stock. The transaction 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, EVP Neil B. Macdonald sold 112,652 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total value of $2,826,438.68. Following the transaction, the executive vice president owned 56,494 shares of the company’s stock, valued at $1,417,434.46. This represents a 66.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Citigroup increased their price objective on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Raymond James Financial reissued an “outperform” rating and issued a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Bank of America increased their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Finally, Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average target price of $27.88.

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.