Callan Family Office LLC Makes New $2.01 Million Investment in Hewlett Packard Enterprise Company $HPE

Key Points

• Callan Family Office LLC acquired 44,525 HPE shares during the second quarter, valued at approximately $2.01 million. Institutional investors collectively own 80.78% of Hewlett Packard Enterprise’s stock.
• Analysts maintain a generally positive outlook, with 11 Buy ratings and six Holds. HPE has a consensus rating of “Moderate Buy” and an average price target of $69.80.
• HPE reported quarterly EPS of $0.79, beating estimates by $0.25, while revenue rose 40% year over year to $10.68 billion. The company also pays a $0.57 annualized dividend, yielding about 1.1%.

Callan Family Office LLC acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 44,525 shares of the technology company's stock, valued at approximately $2,009,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sax Wealth Advisors LLC grew its position in Hewlett Packard Enterprise by 2.9% during the second quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company's stock valued at $396,000 after purchasing an additional 244 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Hewlett Packard Enterprise by 5.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company's stock valued at $324,000 after acquiring an additional 355 shares during the last quarter. Investment Research Partners LLC grew its holdings in Hewlett Packard Enterprise by 2.0% during the fourth quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company's stock valued at $527,000 after purchasing an additional 423 shares during the last quarter. D.A. Davidson & CO. raised its holdings in Hewlett Packard Enterprise by 4.5% in the 1st quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company's stock worth $238,000 after acquiring an additional 429 shares during the period. Finally, Compound Planning Inc. increased its stake in shares of Hewlett Packard Enterprise by 2.4% in the first quarter. Compound Planning Inc. now owns 18,951 shares of the technology company's stock worth $451,000 after purchasing an additional 446 shares during the period. Hedge funds and other institutional investors own 80.78% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a report on Monday, August 3rd. Truist Financial reiterated a "buy" rating and set a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. Raymond James Financial lifted their target price on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an "outperform" rating in a research note on Tuesday, June 2nd. Barclays lifted their price target on Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an "overweight" rating in a report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. upped their price objective on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an "overweight" rating in a 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 data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $69.80.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $53.48 on Monday. The stock has a 50-day moving average price of $48.90 and a two-hundred day moving average price of $35.79. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25. The stock has a market cap of $70.82 billion, a PE ratio of 49.98, a price-to-earnings-growth ratio of 0.58 and a beta of 1.42. 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 released its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion for the quarter, compared to analysts' expectations of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The business's quarterly revenue was up 40.0% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Equities analysts forecast that Hewlett Packard Enterprise Company will post 2.9 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

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

Insider Activity

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the stock in a transaction 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 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 currently owned by corporate insiders.

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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