Mcintyre Freedman & Flynn Investment Advisers Inc. Acquires 135,725 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• Mcintyre Freedman & Flynn boosted its stake in Hewlett Packard Enterprise by 743.7% in Q2, buying 135,725 shares to hold 153,975 shares worth $3.149 million, about 2.2% of its portfolio and its 15th largest position.
• HPE beat Q4 estimates, reporting $0.62 EPS versus $0.59 expected and revenue of $9.68 billion (up 14.7% YoY), and set FY2026 guidance of $2.25–$2.45 EPS with Q1 guidance of $0.57–$0.61.
• Dividend and analyst view: HPE raised its quarterly dividend to $0.1425 ($0.57 annualized, ~2.4% yield), while the Street consensus is a "Hold" with an average price target of $25.53.

Mcintyre Freedman & Flynn Investment Advisers Inc. lifted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 743.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 153,975 shares of the technology company's stock after purchasing an additional 135,725 shares during the period. Hewlett Packard Enterprise accounts for about 2.2% of Mcintyre Freedman & Flynn Investment Advisers Inc.'s portfolio, making the stock its 15th largest position. Mcintyre Freedman & Flynn Investment Advisers Inc.'s holdings in Hewlett Packard Enterprise were worth $3,149,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Tokio Marine Asset Management Co. Ltd. increased its position in Hewlett Packard Enterprise by 10.1% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 45,021 shares of the technology company's stock valued at $695,000 after acquiring an additional 4,132 shares in the last quarter. Kovitz Investment Group Partners LLC increased its holdings in shares of Hewlett Packard Enterprise by 199.9% in the first quarter. Kovitz Investment Group Partners LLC now owns 302,149 shares of the technology company's stock valued at $4,662,000 after purchasing an additional 201,384 shares in the last quarter. Horizon Investments LLC raised its position in Hewlett Packard Enterprise by 3.7% in the 1st quarter. Horizon Investments LLC now owns 35,494 shares of the technology company's stock worth $548,000 after purchasing an additional 1,250 shares during the last quarter. Tocqueville Asset Management L.P. lifted its holdings in Hewlett Packard Enterprise by 15.3% during the 1st quarter. Tocqueville Asset Management L.P. now owns 19,739 shares of the technology company's stock worth $305,000 after buying an additional 2,623 shares in the last quarter. Finally, Cowa LLC lifted its holdings in Hewlett Packard Enterprise by 18.1% during the 1st quarter. Cowa LLC now owns 56,220 shares of the technology company's stock worth $867,000 after buying an additional 8,611 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HPE has been the subject of a number of recent research reports. Morgan Stanley restated an "equal weight" rating and set a $25.00 target price (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. UBS Group boosted their price objective on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a "neutral" rating in a report on Thursday, October 16th. The Goldman Sachs Group upped their target price on shares of Hewlett Packard Enterprise from $27.00 to $31.00 and gave the company a "neutral" rating in a research report on Thursday, October 16th. Barclays lifted their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an "overweight" rating in a research report on Thursday, October 16th. Finally, Raymond James Financial boosted their price target on shares of Hewlett Packard Enterprise from $29.00 to $30.00 and gave the stock a "strong-buy" rating in a research note on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $25.53.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $23.73 on Friday. The firm has a market capitalization of $31.30 billion, a P/E ratio of -395.35, a price-to-earnings-growth ratio of 0.65 and a beta of 1.34. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The firm's fifty day moving average price is $23.28 and its two-hundred day moving average price is $21.89. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The company had revenue of $9.68 billion for the quarter, compared to analysts' expectations of $9.91 billion. During the same period in the prior year, the firm earned $0.58 EPS. Hewlett Packard Enterprise's quarterly revenue was up 14.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, December 19th will be paid a dividend of $0.1425 per share. The ex-dividend date is Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.4%. This is an increase from Hewlett Packard Enterprise's previous quarterly dividend of $0.13. Hewlett Packard Enterprise's dividend payout ratio is presently -866.67%.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, Director Jean M. Hobby sold 29,000 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $23.79, for a total value of $689,910.00. Following the sale, the director owned 32,279 shares in the company, valued at approximately $767,917.41. This represents a 47.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeremy Cox sold 50,061 shares of the firm's stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $23.70, for a total value of $1,186,445.70. Following the sale, the senior vice president directly owned 26,905 shares of the company's stock, valued at $637,648.50. This represents a 65.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 390,425 shares of company stock worth $9,455,299 in the last three months. 0.36% of the stock is owned by insiders.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.

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