7,154,025 Shares in Hewlett Packard Enterprise Company $HPE Purchased by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon purchased 7.15 million HPE shares worth approximately $322.7 million, giving it a 0.54% stake. Institutional investors collectively own 80.78% of the company.
• HPE reported quarterly EPS of $0.79, beating the $0.54 consensus estimate, while revenue reached $10.68 billion and rose 40% year over year. The company issued fiscal 2026 EPS guidance of $3.35–$3.45.
• Analyst sentiment is favorable, with 11 Buy ratings and six Holds; HPE carries a “Moderate Buy” consensus rating and an average price target of $69.80.

Bank of New York Mellon Corp bought a new stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 7,154,025 shares of the technology company's stock, valued at approximately $322,718,000. Bank of New York Mellon Corp owned 0.54% of Hewlett Packard Enterprise as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in HPE. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. SJS Investment Consulting Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 159.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company's stock valued at $28,000 after purchasing an additional 716 shares in the last quarter. Union Savings Bank acquired a new stake in shares of Hewlett Packard Enterprise in the 4th quarter valued at $30,000. Reflection Asset Management bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $31,000. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth $40,000. Institutional investors own 80.78% of the company's stock.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the business's stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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.

Hewlett Packard Enterprise Stock Up 1.1%

HPE stock opened at $53.48 on Friday. 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 market capitalization of $70.82 billion, a PE ratio of 49.98, a P/E/G ratio of 0.57 and a beta of 1.42. The stock's 50 day moving average is $48.90 and its 200-day moving average is $35.69. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.Hewlett Packard Enterprise's revenue was up 40.0% on a year-over-year basis. During the same period last 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. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 2.9 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 53.27%.

Analyst Ratings Changes

HPE has been the subject of several research analyst reports. Truist Financial reissued a "buy" rating and set a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their price target on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an "overweight" rating in a report on Tuesday, June 2nd. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, June 29th. Morgan Stanley raised shares of Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and dropped their price objective for the company from $71.00 to $69.00 in a research note on Monday, August 10th. Finally, UBS Group boosted their target price on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 2nd. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise presently has an average rating of "Moderate Buy" and a consensus target price of $69.80.

About Hewlett Packard Enterprise

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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