G&S Capital LLC Purchases New Stake in Hewlett Packard Enterprise Company $HPE

Key Points

• G&S Capital acquired 34,381 HPE shares worth approximately $1.55 million in the second quarter. Institutional investors and hedge funds collectively own 80.78% of the company.
• HPE reported quarterly EPS of $0.79, beating the $0.54 consensus estimate, while revenue rose 40% year over year to $10.68 billion. Morgan Stanley upgraded the stock to Overweight with a $71 price target, citing durable enterprise AI infrastructure demand.
• HPE shares opened at $54.37 and analysts maintain a “Moderate Buy” consensus with an average price target of $69.80; investors should also consider the stock’s elevated valuation and dependence on continued data-center spending.

G&S Capital LLC acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 34,381 shares of the technology company's stock, valued at approximately $1,551,000.

A number of other institutional investors have also recently bought and sold shares of the business. Capital World Investors purchased a new position in Hewlett Packard Enterprise during the 4th quarter valued at about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hewlett Packard Enterprise during the fourth quarter worth approximately $433,537,000. Elliott Investment Management L.P. boosted its holdings in shares of Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company's stock worth $652,912,000 after purchasing an additional 8,790,757 shares during the period. Norges Bank purchased a new position in Hewlett Packard Enterprise during the fourth quarter valued at approximately $185,969,000. Finally, Amundi increased its stake in Hewlett Packard Enterprise by 63.1% in the 4th quarter. Amundi now owns 11,514,029 shares of the technology company's stock valued at $276,567,000 after buying an additional 4,454,568 shares during the period. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: Morgan Stanley upgraded HPE from Equal-Weight to Overweight, citing resilient enterprise AI infrastructure spending and continued demand for servers and networking hardware. The firm raised its price target to $71, implying meaningful upside from recent levels. HPE stock jumps as Morgan Stanley upgrades AI infrastructure outlook
• Positive Sentiment: HPE is benefiting from a broader rally in AI server stocks ahead of Super Micro Computer’s earnings, reinforcing investor interest in companies positioned to supply AI data-center infrastructure. AI server stocks advance
• Positive Sentiment: AMD’s planned Helios rack-scale AI systems could create additional opportunities for HPE as an ecosystem partner, potentially driving demand for HPE’s servers, networking products, and data-center solutions. AMD’s Helios Launch Could Create Winners Beyond AMD Stock
• Neutral Sentiment: The upgrade reflects optimism that AI infrastructure spending remains durable despite concerns about whether the current AI investment cycle can be sustained. HPE’s elevated valuation and dependence on continued data-center demand remain important considerations.
• Negative Sentiment: HPE reportedly cut jobs at its Galway, Ireland, operation despite an earlier pledge to create 150 positions. The workforce reduction could weigh modestly on sentiment, although its financial impact appears limited relative to the company’s broader AI opportunity. Hewlett Packard Enterprise cuts Galway workforce

Hewlett Packard Enterprise Price Performance

NYSE HPE opened at $54.37 on Wednesday. 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 $72.00 billion, a PE ratio of 50.81, a price-to-earnings-growth ratio of 0.59 and a beta of 1.42. The company has a 50 day moving average price of $47.83 and a two-hundred day moving average price of $33.83. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. The company had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company's revenue for the quarter was up 40.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.82) earnings per share. 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, equities analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 16th. Hewlett Packard Enterprise's dividend payout ratio is presently 53.27%.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 18,785 shares of the firm's stock in a transaction dated 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 available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

HPE has been the subject of a number of research reports. Loop Capital raised shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and lifted their target price for the company from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Raymond James Financial upped their price target on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 2nd. Sanford C. Bernstein increased their price objective on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a "market perform" rating in a report on Tuesday, June 2nd. Zacks Research cut Hewlett Packard Enterprise from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 3rd. Finally, Wall Street Zen upgraded Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 10th. 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 has a consensus rating of "Moderate Buy" and an average price target 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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