Caisse de depot et placement du Quebec Takes Position in Hewlett Packard Enterprise Company $HPE

Caisse de depot et placement du Quebec purchased 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 (SEC). The fund purchased 1,138,944 shares of the technology company's stock, valued at approximately $51,378,000. Caisse de depot et placement du Quebec owned 0.09% of Hewlett Packard Enterprise as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of HPE. Empowered Funds LLC increased its stake in shares of Hewlett Packard Enterprise by 317.3% during the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company's stock valued at $2,312,000 after buying an additional 113,906 shares during the period. Geneos Wealth Management Inc. grew its holdings in Hewlett Packard Enterprise by 44.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company's stock worth $69,000 after acquiring an additional 1,377 shares in the last quarter. Brown Advisory Inc. increased its position in Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company's stock valued at $482,000 after purchasing an additional 996 shares during the period. Jump Financial LLC increased its position in Hewlett Packard Enterprise by 25.8% during the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company's stock valued at $320,000 after purchasing an additional 3,215 shares during the period. Finally, WINTON GROUP Ltd bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $207,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE’s private-cloud AI business is gaining momentum, supported by rising enterprise demand, growing AI orders and a stronger backlog. These trends could support revenue growth and improve the company’s long-term positioning in AI infrastructure. HPE's Private Cloud AI Gains Momentum: What Lies Ahead?
• Positive Sentiment: Analysts expect HPE’s upcoming quarterly results to benefit from favorable earnings and revenue trends, raising the possibility of an earnings beat. Investors will focus on AI demand, margins and forward guidance. HPE Earnings Expected to Grow
• Positive Sentiment: Technical coverage remains constructive: HPE recently moved above its 20-day moving average after finding support, while one bullish analysis identified a potential “bull flag” setup ahead of earnings. HPE Crossed Above the 20-Day Moving Average
• Neutral Sentiment: HPE is included among low price-to-book stocks with potential value and growth characteristics, but the comparison is broad and does not provide a specific near-term catalyst. Five Low P/B Stocks
• Negative Sentiment: A reported multiyear Wi-Fi patent deal with Huawei, a U.S.-blacklisted supplier, introduces potential geopolitical, regulatory and reputational concerns. Although the agreement may secure technology rights, investors may view the counterparty risk negatively. HPE Signs Multiyear Global WiFi Patent Deal
• Negative Sentiment: Competitive analysis favors Cisco Systems, citing stronger hyperscaler AI orders, networking growth and an expanding security business. This could limit enthusiasm for HPE among investors seeking long-term networking exposure. HPE vs. CSCO

Analysts Set New Price Targets

Several brokerages recently issued reports on HPE. Zacks Research lowered shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a report on Monday, August 3rd. UBS Group increased their target price on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the company a "neutral" rating in a research report on Tuesday, June 2nd. Bank of America lifted their price target on Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a "buy" rating in a report on Tuesday, June 2nd. Susquehanna upped their price objective on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 2nd. Finally, Morgan Stanley raised 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 report on Monday, August 10th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of "Moderate Buy" and an average target price of $69.80.

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 value of $911,072.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise Trading Down 1.5%

NYSE:HPE opened at $54.43 on Friday. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $64.25. The firm has a 50 day moving average of $49.36 and a 200 day moving average of $36.66. 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 stock has a market capitalization of $72.07 billion, a price-to-earnings ratio of 50.87, a PEG ratio of 0.59 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm had revenue of $10.68 billion during the quarter, compared to analysts' expectations of $9.78 billion. During the same quarter last year, the firm earned ($0.82) EPS. The business's quarterly revenue was up 40.0% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 2.92 earnings per share for the current fiscal 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 dividend of $0.1425 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio is 53.27%.

Hewlett Packard Enterprise 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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