Viking Fund Management LLC Increases Stock Position in Hewlett Packard Enterprise Company $HPE

Key Points

• Viking Fund Management LLC raised its stake in Hewlett Packard Enterprise by 22.5% in Q4 to 490,000 shares (worth $11.77M), making HPE its 19th-largest holding and 1.4% of the fund's portfolio.
• HPE beat quarterly EPS estimates ($0.65 vs. $0.59), reported revenue of $9.30B (up 18.4% YoY), set FY2026 guidance of 2.30–2.50 EPS, and declared a quarterly dividend of $0.1425 (annualized $0.57, ~2.4% yield).
• The planned ~$14B Juniper acquisition is facing intensified regulatory scrutiny and divestment challenges, posing execution risk and a potential overhang on HPE's valuation.

Viking Fund Management LLC increased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 22.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 490,000 shares of the technology company's stock after purchasing an additional 90,000 shares during the period. Hewlett Packard Enterprise makes up 1.4% of Viking Fund Management LLC's investment portfolio, making the stock its 19th largest holding. Viking Fund Management LLC's holdings in Hewlett Packard Enterprise were worth $11,770,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bleakley Financial Group LLC grew its position in Hewlett Packard Enterprise by 1.0% in the 3rd quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company's stock worth $1,045,000 after purchasing an additional 439 shares during the period. Spire Wealth Management boosted its stake in shares of Hewlett Packard Enterprise by 7.1% in the 3rd quarter. Spire Wealth Management now owns 6,694 shares of the technology company's stock worth $164,000 after buying an additional 445 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of Hewlett Packard Enterprise by 11.1% in the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company's stock worth $100,000 after acquiring an additional 489 shares during the period. Western Wealth Management LLC increased its position in Hewlett Packard Enterprise by 3.3% during the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company's stock valued at $375,000 after acquiring an additional 489 shares during the last quarter. Finally, Trust Co. of Vermont increased its position in Hewlett Packard Enterprise by 6.4% during the third quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company's stock valued at $217,000 after acquiring an additional 533 shares during the last quarter. Institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Trading Up 6.4%

Shares of NYSE:HPE opened at $23.75 on Wednesday. The stock has a 50 day moving average of $21.83 and a 200 day moving average of $23.01. The company has a market cap of $31.51 billion, a PE ratio of -125.01, a price-to-earnings-growth ratio of 0.57 and a beta of 1.31. 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 issued its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The company's revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 earnings per share. 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 research analysts expect that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th will be issued a dividend of $0.1425 per share. The ex-dividend date of this dividend is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently -300.00%.

Insider Activity at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 26,457 shares of the stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the sale, the chief executive officer owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: Investors bought HPE stock to qualify for the next quarterly dividend, driving a sharp intraday rally ahead of the record date. Hewlett Packard (HPE) Climbs 7.77% Ahead of Dividends
• Positive Sentiment: Technicals: HPE recently reclaimed its 50‑day moving average, a short‑term bullish signal that can attract momentum traders and reduce near‑term selling pressure. Hewlett Packard Enterprise (HPE) Just Reclaimed the 50-Day Moving Average
• Positive Sentiment: Product/market positioning: HPE announced new firewalls and hybrid mesh updates aimed at AI-era security gaps — moves that reinforce its relevance to enterprise AI and hybrid-cloud security buyers. HPE targets AI-era security gaps with new firewalls, hybrid mesh updates
• Neutral Sentiment: Channel recognition: HPE named Carahsoft its Public Sector Distributor of the Year for 2025, highlighting government channel momentum but with limited direct near‑term earnings impact. HPE Recognizes Carahsoft as Public Sector Distributor of the Year for 2025
• Neutral Sentiment: Industry note: Broadband industry awards and forum activity signal ongoing ecosystem investment but do not directly affect HPE’s near‑term fundamentals. Industry Innovators Celebrated for Integral Services-Led Broadband Contributions
• Negative Sentiment: Regulatory risk: The planned ~$14B Juniper acquisition is facing intensified scrutiny — state AGs and a federal judge have questioned the merger and the viability of proposed remedies, and reports say mandated asset divestments struggled to attract buyers. This raises execution risk, potential delay, tougher remedies, or the deal failing — a major overhang on HPE’s valuation. HPE Assets Struggled With Buyer Interest in Antitrust Divestment

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Bank of America boosted their price target on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a "buy" rating in a research note on Tuesday, March 10th. Citigroup raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a report on Wednesday, March 11th. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a "buy" rating and a $31.00 target price for the company. Zacks Research upgraded shares of Hewlett Packard Enterprise from a "strong sell" rating to a "hold" rating in a research report on Monday, December 8th. Finally, Argus lifted their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a "buy" rating in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $26.50.

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.

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