Perpetual Ltd Makes New Investment in Hewlett Packard Enterprise Company $HPE

Key Points

• Perpetual Ltd acquired 1,422,248 shares of HPE in Q4, a stake worth about $34.16 million that represented roughly 0.11% of the company at quarter-end.
• HPE beat Q results with EPS of $0.65 vs. $0.59 expected and revenue of $9.30B (up 18.4% YoY), and set FY2026 guidance of $2.30–$2.50 EPS.
• Company insiders have been net sellers recently: CEO Antonio Neri sold 264,432 shares (~$6.66M) and EVP Fidelma Russo sold 34,001 shares (~$0.85M), with insiders selling 411,085 shares (~$10.34M) over the past three months.

Perpetual Ltd acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,422,248 shares of the technology company's stock, valued at approximately $34,162,000. Perpetual Ltd owned 0.11% of Hewlett Packard Enterprise at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HPE. Vanguard Group Inc. raised its stake in shares of Hewlett Packard Enterprise by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 171,140,995 shares of the technology company's stock valued at $4,203,223,000 after acquiring an additional 1,336,940 shares during the period. Elliott Investment Management L.P. acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth approximately $381,004,000. Jericho Capital Asset Management L.P. purchased a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $416,900,000. Slate Path Capital LP increased its holdings in Hewlett Packard Enterprise by 36.2% in the 2nd quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company's stock valued at $325,078,000 after purchasing an additional 4,221,678 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in Hewlett Packard Enterprise by 0.3% in the 3rd quarter. Legal & General Group Plc now owns 13,241,459 shares of the technology company's stock valued at $325,210,000 after purchasing an additional 36,765 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company's stock.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $24.61 on Friday. The company's 50 day simple moving average is $22.30 and its 200-day simple moving average is $23.03. The firm has a market cap of $32.65 billion, a PE ratio of -129.50, a price-to-earnings-growth ratio of 0.63 and a beta of 1.20. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71.

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. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The business had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the prior year, the firm earned $0.49 earnings per share. The business's quarterly revenue 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, equities analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, March 24th. Hewlett Packard Enterprise's dividend payout ratio is -300.00%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Citigroup boosted their price objective on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a "buy" rating in a report on Wednesday, March 11th. Zacks Research upgraded Hewlett Packard Enterprise from a "strong sell" rating to a "hold" rating in a report on Monday, December 8th. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They set a "buy" rating and a $31.00 price target on the stock. Truist Financial started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday. They set a "buy" rating and a $31.00 price target on the stock. Finally, Argus raised their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.76.

Insider Activity

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 34,001 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at approximately $426,385.08. This represents a 66.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Antonio F. Neri sold 264,432 shares of the firm's stock in a transaction 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 completion of the sale, the chief executive officer directly owned 1,837,329 shares of the company's stock, valued at approximately $46,263,944.22. This trade represents a 12.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 411,085 shares of company stock valued at $10,337,582 in the last three months. 0.44% of the stock is currently owned by company insiders.

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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