Vanguard Group Inc. Acquires 1,917,719 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• Vanguard Group increased its HPE stake by 1.1% in Q4, acquiring 1,917,719 shares to hold 173,058,714 shares (about 12.97%) valued at roughly $4.16 billion.
• HPE beat quarterly EPS ( $0.65 vs. $0.59 expected) with revenue up 18.4% YoY to $9.30B and set FY2026 guidance of $2.30–$2.50 EPS (Q2 guide $0.510–$0.550); the stock trades near $28.65 with a market cap of about $38B.
• Insiders have sold recently (602,337 shares worth ~$15.4M over 90 days) even as institutional investors own about 80.78% of the company.

Vanguard Group Inc. increased its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,058,714 shares of the technology company's stock after acquiring an additional 1,917,719 shares during the period. Vanguard Group Inc. owned approximately 12.97% of Hewlett Packard Enterprise worth $4,156,870,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of HPE. Jericho Capital Asset Management L.P. bought a new stake in Hewlett Packard Enterprise during the third quarter worth about $416,900,000. Holocene Advisors LP bought a new position in shares of Hewlett Packard Enterprise in the third quarter worth approximately $144,468,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Hewlett Packard Enterprise by 475.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,551,715 shares of the technology company's stock worth $87,230,000 after buying an additional 2,933,972 shares in the last quarter. Ceredex Value Advisors LLC bought a new position in shares of Hewlett Packard Enterprise in the third quarter worth approximately $66,664,000. Finally, Analog Century Management LP bought a new position in shares of Hewlett Packard Enterprise in the third quarter worth approximately $61,449,000. Institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Stock Up 1.7%

Shares of HPE stock opened at $28.65 on Tuesday. Hewlett Packard Enterprise Company has a 12 month low of $15.71 and a 12 month high of $29.63. The stock has a market cap of $38.01 billion, a P/E ratio of -150.76, a P/E/G ratio of 0.73 and a beta of 1.20. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. The company has a 50 day simple moving average of $23.48 and a two-hundred day simple moving average of $23.17.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $9.31 billion. During the same period in the prior year, the company earned $0.49 earnings per share. The firm's revenue was up 18.4% on a year-over-year basis. 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 1.96 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise's dividend payout ratio is currently -300.00%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, March 25th. Truist Financial assumed coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They issued a "buy" rating and a $31.00 target price on the stock. Citigroup upped their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a research note on Wednesday, March 11th. The Goldman Sachs Group initiated coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a "buy" rating and a $31.00 target price on the stock. Finally, Raymond James Financial restated an "outperform" rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $26.71.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Fidelma Russo sold 17,001 shares of the stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total value of $475,517.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $27.01, for a total transaction of $655,019.51. Following the completion of the sale, the executive vice president directly owned 32,243 shares of the company's stock, valued at approximately $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 602,337 shares of company stock valued at $15,443,119. Insiders own 0.44% of the company's stock.

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.

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.