Sapient Capital LLC Invests $987,000 in Hewlett Packard Enterprise Company $HPE

Key Points

• Sapient Capital acquired 21,819 HPE shares worth approximately $987,000 in the second quarter. Institutional investors collectively own 80.78% of the company, with major holders including Vanguard, Geode Capital and Elliott Investment Management.
• HPE has benefited from optimism around AI infrastructure demand: Morgan Stanley upgraded the stock to Overweight, while analysts’ average price target is $69.80 versus a reported share price of $54.67. The company recently exceeded quarterly earnings and revenue estimates, with revenue up 40% year over year.
• HPE shares have risen sharply but face mixed signals: an insider sold $911,073 worth of stock under a pre-arranged trading plan, and the company reportedly cut jobs at its Galway operation despite a prior hiring commitment. HPE also pays a quarterly dividend of $0.1425, yielding about 1.0% annually.

Sapient Capital LLC bought a new stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,819 shares of the technology company's stock, valued at approximately $987,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Hewlett Packard Enterprise by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company's stock valued at $4,156,870,000 after purchasing an additional 1,917,719 shares during the period. Capital World Investors bought a new stake in shares of Hewlett Packard Enterprise during the 4th quarter worth $901,751,000. Geode Capital Management LLC boosted its holdings in shares of Hewlett Packard Enterprise by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company's stock worth $835,626,000 after buying an additional 431,728 shares during the last quarter. Elliott Investment Management L.P. boosted its holdings in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company's stock worth $652,912,000 after buying an additional 8,790,757 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new position in Hewlett Packard Enterprise during the fourth quarter valued at about $433,537,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: Morgan Stanley upgraded HPE to Overweight from Equal-Weight and raised its price target to $71 from $69, implying substantial upside from the reported $54.67 reference price. Analyst Erik Woodring cited resilient enterprise spending on AI servers and networking equipment, despite debate over whether the AI investment cycle can continue at its current pace. HPE stock jumps as Morgan Stanley upgrades AI infrastructure outlook
• Positive Sentiment: The upgrade helped lift HPE alongside other AI-server stocks, including Super Micro Computer and Dell, as investors positioned ahead of Super Micro’s earnings and continued to favor companies exposed to data-center spending. AI server stocks advance
• Positive Sentiment: Market coverage characterized HPE as a potentially attractive way to participate in the ongoing AI-hardware boom, reinforcing the view that demand for its servers and networking products may remain strong. It Isn't Too Late to Buy AI Hardware Boom
• Neutral Sentiment: An article on data-science performance and the JEPQ exchange-traded fund does not appear to provide a direct new catalyst for HPE. The Data Science Disconnect
• Negative Sentiment: HPE reportedly cut jobs at its Galway, Ireland, operation despite an earlier commitment to create 150 positions. The workforce reduction may raise concerns about restructuring and regional employment, although it was overshadowed by the bullish AI-infrastructure outlook. Hewlett Packard Enterprise cuts Galway workforce

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Kirt P. Karros sold 18,785 shares of the 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on HPE. The Goldman Sachs Group raised their price objective on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a "buy" rating in a report on Wednesday, June 3rd. Morgan Stanley upgraded shares of Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and dropped their target price for the company from $71.00 to $69.00 in a research note on Monday. Sanford C. Bernstein raised their price target on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a "market perform" rating in a research note on Tuesday, June 2nd. Citigroup lifted their price target on shares of Hewlett Packard Enterprise from $70.00 to $74.00 and gave the stock a "buy" rating in a report on Friday, July 24th. Finally, Weiss Ratings upgraded Hewlett Packard Enterprise from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, June 29th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $69.80.

Hewlett Packard Enterprise Trading Up 2.7%

Hewlett Packard Enterprise stock opened at $54.67 on Tuesday. The stock has a market cap of $72.39 billion, a P/E ratio of 51.09, a PEG ratio of 0.58 and a beta of 1.42. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $64.25. The firm's fifty day moving average price is $47.86 and its 200-day moving average price is $33.60. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The business had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. During the same period in the prior year, the company earned ($0.82) EPS. The company's quarterly revenue was up 40.0% compared to the same quarter last year. 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. Equities research analysts forecast 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 declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were paid a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.57 annualized dividend and a yield of 1.0%. Hewlett Packard Enterprise's payout ratio is currently 53.27%.

Hewlett Packard Enterprise Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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