JTC Employer Solutions Trustee Ltd Invests $1.24 Million in Hewlett Packard Enterprise Company $HPE

Key Points

• JTC Employer Solutions Trustee Ltd bought a new stake in Hewlett Packard Enterprise, purchasing 56,577 shares worth about $1.24 million in the fourth quarter.
• Institutional ownership remains high, with Vanguard, Geode, and other large investors also increasing holdings; about 80.78% of HPE is owned by institutions.
• HPE recently posted better-than-expected earnings of $0.65 per share and raised guidance for FY 2026, while analysts have kept a Moderate Buy consensus with several price-target increases.

JTC Employer Solutions Trustee Ltd purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 56,577 shares of the technology company's stock, valued at approximately $1,237,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Hewlett Packard Enterprise by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company's stock worth $4,156,870,000 after acquiring an additional 1,917,719 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Hewlett Packard Enterprise by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company's stock worth $835,626,000 after acquiring an additional 431,728 shares during the last quarter. Jericho Capital Asset Management L.P. bought a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $416,900,000. Legal & General Group Plc lifted its stake in shares of Hewlett Packard Enterprise by 0.3% during the 3rd quarter. Legal & General Group Plc now owns 13,241,459 shares of the technology company's stock worth $325,210,000 after acquiring an additional 36,765 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of Hewlett Packard Enterprise by 4.4% during the 4th quarter. Nordea Investment Management AB now owns 7,485,650 shares of the technology company's stock worth $179,693,000 after acquiring an additional 312,698 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 34,001 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total transaction of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares of the company's stock, valued at $426,385.08. This represents a 66.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Antonio F. Neri sold 264,432 shares of the stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.18, for a total value of $6,658,397.76. Following the transaction, the chief executive officer directly owned 1,837,329 shares of the company's stock, valued at $46,263,944.22. The trade was a 12.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 702,402 shares of company stock worth $18,440,171 in the last ninety days. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Stock Up 2.8%

Shares of HPE stock opened at $38.24 on Friday. Hewlett Packard Enterprise Company has a 1-year low of $17.02 and a 1-year high of $38.58. The stock's fifty day moving average price is $28.29 and its 200 day moving average price is $24.49. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. The company has a market cap of $50.74 billion, a price-to-earnings ratio of -201.27, a price-to-earnings-growth ratio of 0.95 and a beta of 1.28.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its earnings results 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. The firm had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm's revenue for the quarter was up 18.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 EPS. 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. On average, research analysts expect that Hewlett Packard Enterprise Company will post 1.97 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. Investors of record on Tuesday, March 24th were issued a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 1.5%. Hewlett Packard Enterprise's dividend payout ratio is presently -300.00%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HPE shares. Morgan Stanley lifted their target price on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an "equal weight" rating in a research report on Thursday, May 21st. Wall Street Zen upgraded Hewlett Packard Enterprise from a "hold" rating to a "buy" rating in a report on Monday. Truist Financial began coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They issued a "buy" rating and a $31.00 price objective for the company. Bank of America increased their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, March 10th. Finally, Citigroup raised their target price on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a "buy" rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $27.88.

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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