26,534 Shares in Hewlett Packard Enterprise Company $HPE Purchased by Osmosis Investment Management UK Ltd

Key Points

• Osmosis Investment Management UK Ltd. acquired 26,534 HPE shares worth approximately $1.2 million in the second quarter, while institutional investors collectively own 80.78% of the company.
• HPE reported quarterly EPS of $0.79 and revenue of $10.68 billion, exceeding analyst estimates; revenue increased 40% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $69.80.
• HPE shares opened at $52.44, below their 12-month high of $64.25. The company also paid a quarterly dividend of $0.1425, equivalent to an annualized $0.57 dividend and a 1.1% yield.

Osmosis Investment Management UK Ltd acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 26,534 shares of the technology company's stock, valued at approximately $1,197,000.

A number of other institutional investors have also bought and sold shares of the business. Sanctuary Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $10,518,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $70,372,000. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $1,650,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $1,027,139,000. Finally, First Nebraska Trust Co purchased a new position in Hewlett Packard Enterprise during the second quarter worth approximately $4,514,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Hewlett Packard Enterprise

In related news, SVP Kirt P. Karros sold 18,785 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on HPE shares. Zacks Research lowered Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. Loop Capital upgraded Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and lifted their price target for the stock from $23.00 to $75.00 in a report on Tuesday, June 2nd. UBS Group boosted their price target on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a "neutral" rating in a research report on Tuesday, June 2nd. Susquehanna upped their price objective on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a "neutral" rating in a report on Tuesday, June 2nd. Finally, Wells Fargo & Company raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an "equal weight" rating in a research report on Tuesday, June 2nd. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $69.80.

Hewlett Packard Enterprise Stock Down 1.9%

Shares of NYSE:HPE opened at $52.44 on Tuesday. The business has a 50-day moving average price of $48.98 and a 200 day moving average price of $36.00. 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 company has a market capitalization of $69.44 billion, a price-to-earnings ratio of 49.01, a PEG ratio of 0.58 and a beta of 1.42. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.25. The company 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%. Hewlett Packard Enterprise's revenue for the quarter was up 40.0% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 2.9 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were issued a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise's dividend payout ratio is currently 53.27%.

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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