D L Carlson Investment Group Inc. acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 189,252 shares of the technology company's stock, valued at approximately $8,537,000. Hewlett Packard Enterprise makes up 1.4% of D L Carlson Investment Group Inc.'s holdings, making the stock its 13th largest holding.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in HPE. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise in the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. boosted its position 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 valued at $28,000 after acquiring an additional 716 shares during the last quarter. Union Savings Bank bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $30,000. Reflection Asset Management purchased a new position in shares of Hewlett Packard Enterprise during the fourth quarter worth about $31,000. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Hewlett Packard Enterprise in the fourth quarter worth approximately $40,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
HPE has been the topic of a number of recent analyst reports. Susquehanna lifted their target price on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a "neutral" rating in a research report on Tuesday, June 2nd. Argus increased their price target 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. JPMorgan Chase & Co. raised their price objective on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an "overweight" rating in a research report on Tuesday, June 2nd. Raymond James Financial lifted their price objective on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an "outperform" rating in a report on Tuesday, June 2nd. Finally, Wells Fargo & Company upped their target price on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an "equal weight" rating in a research report on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $69.80.
Get Our Latest Report on HPE
Insider Activity
In related news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise 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 filing with the SEC, which is available 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 Stock Down 0.4%
Shares of NYSE:HPE opened at $52.93 on Friday. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month 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. The stock's 50-day moving average price is $48.80 and its 200-day moving average price is $35.57. The stock has a market capitalization of $70.09 billion, a P/E ratio of 49.47, a price-to-earnings-growth ratio of 0.57 and a beta of 1.42.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $10.68 billion during the quarter, compared to analysts' expectations of $9.78 billion. During the same period in the prior year, the business posted ($0.82) EPS. Hewlett Packard Enterprise's quarterly revenue was up 40.0% compared to the same quarter last year. 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 anticipate that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current year.
Hewlett Packard Enterprise Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were issued a $0.1425 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 53.27%.
Hewlett Packard Enterprise Profile
(
Free Report)
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.
Recommended Stories
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.
Before you consider Hewlett Packard Enterprise, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hewlett Packard Enterprise wasn't on the list.
While Hewlett Packard Enterprise currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
