Equitable Trust Co. Purchases New Shares in Hewlett Packard Enterprise Company $HPE

Key Points

• Equitable Trust Co. purchased a new stake of 338,747 HPE shares in Q4, valued at approximately $8.14 million.
• HPE reported Q earnings of $0.65 EPS (beat $0.59 est.) and $9.30 billion revenue, and set FY2026 guidance of 2.30–2.50 EPS with Q2 guidance of 0.510–0.550.
• Insiders sold about 608,819 shares (~$15.6 million) in the last quarter, while institutional investors own roughly 80.8% of the company.

Equitable Trust Co. purchased a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 338,747 shares of the technology company's stock, valued at approximately $8,137,000.

Other large investors have also added to or reduced their stakes in the company. TFC Financial Management Inc. grew its holdings in Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company's stock valued at $25,000 after purchasing an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Hewlett Packard Enterprise by 176.7% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company's stock valued at $26,000 after purchasing an additional 666 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter valued at $26,000. Chilton Capital Management LLC acquired a new stake in Hewlett Packard Enterprise during the 3rd quarter valued at $30,000. Finally, Clearstead Trust LLC grew its holdings in Hewlett Packard Enterprise by 93.8% during the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company's stock valued at $32,000 after purchasing an additional 625 shares in the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Price Performance

Shares of HPE stock opened at $30.04 on Wednesday. The firm has a market cap of $39.85 billion, a P/E ratio of -158.08, a P/E/G ratio of 0.74 and a beta of 1.28. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a 1-year low of $16.17 and a 1-year high of $30.15. The firm has a fifty day moving average of $24.06 and a two-hundred day moving average of $23.28.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The company had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same period last year, the business earned $0.49 EPS. The firm's revenue for the quarter was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, research analysts anticipate that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently -300.00%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Fidelma Russo sold 34,001 shares of the firm's stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the transaction, the executive vice president directly owned 17,001 shares in the company, valued at approximately $426,385.08. This trade represents a 66.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Bethany Mayer sold 6,482 shares of the firm's stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the transaction, the director owned 8,018 shares in the company, valued at approximately $233,323.80. The trade was a 44.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 608,819 shares of company stock valued at $15,631,745. Corporate insiders own 0.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on HPE shares. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They set a "buy" rating and a $31.00 price target for the company. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a report on Saturday, April 25th. Morgan Stanley raised their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an "equal weight" rating in a report on Tuesday, March 10th. Weiss Ratings reissued a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Finally, Truist Financial started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a "buy" rating and a $31.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of "Moderate Buy" and an average price target of $26.71.

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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