Canada Pension Plan Investment Board Purchases New Shares in Hewlett Packard Enterprise Company $HPE

Key Points

• Canada Pension Plan Investment Board acquired 5.46 million Hewlett Packard Enterprise shares worth approximately $246.2 million, representing about 0.41% of the company. Institutional investors collectively own 80.78% of HPE.
• HPE reported strong quarterly results, with earnings of $0.79 per share versus the $0.54 consensus estimate and revenue of $10.68 billion, up 40% year over year. The company guided fiscal 2026 EPS to $3.35–$3.45.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus rating and an average price target of $69.80, compared with the stock’s reported price of $53.44. HPE also pays a quarterly dividend of $0.1425 per share, yielding about 1.1% annually.

Canada Pension Plan Investment Board acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,457,863 shares of the technology company's stock, valued at approximately $246,204,000. Canada Pension Plan Investment Board owned approximately 0.41% of Hewlett Packard Enterprise as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of HPE. Headlands Technologies LLC acquired a new position in Hewlett Packard Enterprise in the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. raised its stake in shares of Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company's stock worth $28,000 after buying an additional 716 shares during the period. Union Savings Bank acquired a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $30,000. Reflection Asset Management acquired a new stake in Hewlett Packard Enterprise in the 4th quarter valued at $31,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in Hewlett Packard Enterprise in the 4th quarter valued at $40,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Stock Performance

HPE opened at $53.44 on Wednesday. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $64.25. The firm has a market capitalization of $70.77 billion, a PE ratio of 49.94, a PEG ratio of 0.56 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. The firm's 50-day moving average price is $49.08 and its 200 day moving average price is $36.22.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its earnings results 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. The business had revenue of $10.68 billion for the quarter, compared to analyst estimates 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 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. As a group, 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were given a dividend of $0.1425 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a yield of 1.1%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 53.27%.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the business's stock in a transaction 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 document filed with the SEC, which is accessible through the SEC website. 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

Several equities analysts have issued reports on the stock. Wells Fargo & Company increased their price objective on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an "equal weight" rating in a report on Tuesday, June 2nd. Sanford C. Bernstein raised their price target on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a "market perform" rating in a research note on Tuesday, June 2nd. Weiss Ratings upgraded Hewlett Packard Enterprise from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, June 29th. JPMorgan Chase & Co. increased their target price on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an "overweight" rating in a report on Tuesday, June 2nd. Finally, Wall Street Zen lowered Hewlett Packard Enterprise from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Eleven equities research 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, the stock 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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