76,035 Shares in Hewlett Packard Enterprise Company $HPE Bought by Allworth Financial LP

Key Points

• Allworth Financial LP bought 76,035 HPE shares worth approximately $3.43 million in the second quarter, joining several major institutions that recently increased or initiated positions. Institutional investors collectively own 80.78% of the company.
• HPE reported quarterly EPS of $0.79, well above the $0.54 analyst consensus, while revenue rose 40% year over year to $10.68 billion. The company provided fiscal 2026 EPS guidance of $3.35–$3.45.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $69.80, compared with a recent share price of $53.48. HPE also pays a quarterly dividend of $0.1425 per share, or $0.57 annually.

Allworth Financial LP purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 76,035 shares of the technology company's stock, valued at approximately $3,430,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital World Investors acquired a new position in Hewlett Packard Enterprise during the 4th quarter valued at about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Hewlett Packard Enterprise during the fourth quarter valued at approximately $433,537,000. Elliott Investment Management L.P. boosted its position in shares of Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company's stock worth $652,912,000 after buying an additional 8,790,757 shares during the period. Norges Bank bought a new position in Hewlett Packard Enterprise in the 4th quarter worth approximately $185,969,000. Finally, Bank of New York Mellon Corp bought a new position in Hewlett Packard Enterprise in the 2nd quarter worth approximately $322,718,000. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Price Performance

Shares of Hewlett Packard Enterprise stock opened at $53.48 on Friday. The firm's 50-day moving average price is $48.90 and its two-hundred day moving average price is $35.69. The stock has a market capitalization of $70.82 billion, a price-to-earnings ratio of 49.98, a P/E/G ratio of 0.57 and a beta of 1.42. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $64.25. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.25. The firm had revenue of $10.68 billion during 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 business's revenue for the quarter was up 40.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($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 analysts predict that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current fiscal 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 issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 16th. Hewlett Packard Enterprise's dividend payout ratio is 53.27%.

Insider Activity at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on HPE. The Goldman Sachs Group boosted their price target on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a "buy" rating in a research report on Wednesday, June 3rd. UBS Group lifted their price objective on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a "neutral" rating in a research note on Tuesday, June 2nd. Piper Sandler reaffirmed a "neutral" rating and issued a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Citigroup increased their target price on shares of Hewlett Packard Enterprise from $70.00 to $74.00 and gave the company a "buy" rating in a research report on Friday, July 24th. Finally, Truist Financial restated a "buy" rating and set a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise 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. Based on data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of "Moderate Buy" and an average 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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