B. Metzler seel. Sohn & Co. AG Buys Shares of 150,451 Hewlett Packard Enterprise Company $HPE

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 150,451 HPE shares during the second quarter, valued at approximately $6.8 million. Institutional investors collectively own 80.78% of the company.
• HPE reported quarterly earnings of $0.79 per share and revenue of $10.68 billion, exceeding analyst estimates; revenue increased 40% year over year. The company provided fiscal 2026 EPS guidance of $3.35–$3.45.
• Shares opened at $53.48, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $69.80. HPE also pays a quarterly dividend of $0.1425 per share, yielding about 1.1%.

B. Metzler seel. Sohn & Co. AG bought a new stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 150,451 shares of the technology company's stock, valued at approximately $6,787,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Freemont Management S.A. raised its position in Hewlett Packard Enterprise by 197.1% in the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company's stock valued at $5,217,000 after purchasing an additional 144,100 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of Hewlett Packard Enterprise by 60.2% during the 4th quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company's stock worth $8,111,000 after purchasing an additional 126,938 shares during the last quarter. Irenic Capital Management LP acquired a new stake in shares of Hewlett Packard Enterprise during the 1st quarter worth about $18,691,000. Vanguard Group Inc. increased its stake in 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 purchasing an additional 1,917,719 shares during the last quarter. Finally, Banque Cantonale Vaudoise boosted its holdings in shares of Hewlett Packard Enterprise by 73.6% in the 4th quarter. Banque Cantonale Vaudoise now owns 234,456 shares of the technology company's stock valued at $5,632,000 after purchasing an additional 99,412 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company's stock.

Insider Activity

In related news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, June 22nd. The stock was 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 can be accessed through 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.

Hewlett Packard Enterprise Trading Up 1.1%

Shares of NYSE HPE opened at $53.48 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. The firm has a market capitalization of $70.82 billion, a P/E ratio of 49.98, a P/E/G ratio of 0.57 and a beta of 1.42. The company's 50 day simple moving average is $48.90 and its 200 day simple moving average is $35.69. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 40.0% on a year-over-year basis. During the same period last year, the company posted ($0.82) EPS. 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, analysts predict that Hewlett Packard Enterprise Company will post 2.9 EPS 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. 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 currently 53.27%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on HPE shares. Argus boosted their price objective on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, June 3rd. UBS Group raised their price target on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a "neutral" rating in a report on Tuesday, June 2nd. Zacks Research cut shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 3rd. Weiss Ratings raised shares of Hewlett Packard Enterprise from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, June 29th. Finally, Wall Street Zen lowered shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source