19,843 Shares in Hewlett Packard Enterprise Company $HPE Bought by Chapin Davis Inc.

Chapin Davis Inc. purchased a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,843 shares of the technology company's stock, valued at approximately $895,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Sax Wealth Advisors LLC boosted its holdings in Hewlett Packard Enterprise by 2.9% during the 2nd quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company's stock valued at $396,000 after acquiring an additional 244 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in Hewlett Packard Enterprise by 5.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company's stock worth $324,000 after purchasing an additional 355 shares during the period. Investment Research Partners LLC increased its stake 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 worth $527,000 after purchasing an additional 423 shares during the period. D.A. Davidson & CO. lifted its position in Hewlett Packard Enterprise by 4.5% in the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company's stock valued at $238,000 after purchasing an additional 429 shares during the last quarter. Finally, Compound Planning Inc. boosted its stake in shares of Hewlett Packard Enterprise by 2.4% during the first quarter. Compound Planning Inc. now owns 18,951 shares of the technology company's stock valued at $451,000 after purchasing an additional 446 shares during the period. 80.78% of the stock is owned by institutional investors.

Insider Activity

In related news, SVP Kirt P. Karros sold 18,785 shares of the business'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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by corporate insiders.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: J.P. Morgan assigned HPE a Buy rating, adding to the bullish analyst support for the company. Hewlett Packard Enterprise Receives a Buy from J.P. Morgan
• Positive Sentiment: Analysts’ average price target implies approximately 25.5% upside, while upward earnings-estimate revisions suggest expectations for a potential earnings beat. The article cautions that price targets alone are not always reliable. HPE Potential Rally Analysis
• Positive Sentiment: HPE’s third-quarter outlook is supported by demand for AI infrastructure, networking, and hybrid-cloud solutions, with its expanded product portfolio potentially supporting revenue growth. HPE Q3 Earnings Preview
• Neutral Sentiment: Brokerages collectively rate HPE “Moderate Buy,” indicating broadly favorable sentiment but not unanimous conviction. HPE Consensus Recommendation
• Neutral Sentiment: Investors are awaiting detailed third-quarter projections for revenue, earnings, margins, and other operating metrics for the period ended July 2026. HPE Q3 Key Metrics Preview
• Negative Sentiment: Cisco may have an edge over HPE for long-term networking investors because of stronger hyperscaler AI orders, networking growth, and its expanding security business. HPE Versus Cisco Networking Comparison
• Negative Sentiment: HPE’s multiyear global Wi-Fi patent agreement with a blacklisted supplier could raise compliance and reputational concerns, despite resolving intellectual-property issues. HPE Global WiFi Patent Deal

Hewlett Packard Enterprise Price Performance

Shares of HPE stock opened at $52.31 on Friday. 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 Company has a fifty-two week low of $19.84 and a fifty-two week high of $64.25. The firm has a market cap of $69.27 billion, a P/E ratio of 48.89, a P/E/G ratio of 0.58 and a beta of 1.42. The business's 50 day moving average price is $49.46 and its 200-day moving average price is $36.77.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.25. The business had revenue of $10.68 billion for the quarter, compared to analysts' expectations of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm's revenue for the quarter was up 40.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($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. On average, equities research analysts anticipate that Hewlett Packard Enterprise Company will post 2.92 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were paid 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 dividend yield of 1.1%. Hewlett Packard Enterprise's payout ratio is presently 53.27%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HPE. Sanford C. Bernstein raised their target price on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a "market perform" rating in a report on Tuesday, June 2nd. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 22nd. Morgan Stanley raised shares of Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and dropped their price target for the company from $71.00 to $69.00 in a research report on Monday, August 10th. Susquehanna raised their price target on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a "neutral" rating in a report on Tuesday, June 2nd. Finally, Barclays boosted their price objective on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an "overweight" rating in a research report on Tuesday, June 2nd. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $69.80.

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.

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