Wolf Hill Capital Management LP Takes Position in Hewlett Packard Enterprise Company $HPE

Key Points

• Wolf Hill Capital Management acquired 1.86 million HPE shares in the second quarter, making the stock 7% of its portfolio and its fourth-largest holding. Institutional investors collectively own 80.78% of HPE.
• HPE reported quarterly earnings of $0.79 per share, beating the $0.54 consensus estimate, while revenue rose 40% year over year to $10.68 billion. The company issued FY 2026 EPS guidance of $3.35–$3.45.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $69.80, compared with a share price of $52.44. HPE also pays a quarterly dividend of $0.1425, or $0.57 annually.

Wolf Hill Capital Management LP acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,861,506 shares of the technology company's stock, valued at approximately $83,972,536,000. Hewlett Packard Enterprise makes up 7.0% of Wolf Hill Capital Management LP's investment portfolio, making the stock its 4th largest position. Wolf Hill Capital Management LP owned 0.14% of Hewlett Packard Enterprise at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of HPE. Empowered Funds LLC increased its position in Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company's stock worth $2,312,000 after buying an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company's stock worth $69,000 after buying an additional 1,377 shares during the period. Brown Advisory Inc. lifted its position in shares of Hewlett Packard Enterprise by 4.4% during the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company's stock valued at $482,000 after buying an additional 996 shares in the last quarter. Jump Financial LLC lifted its position in shares of Hewlett Packard Enterprise by 25.8% during the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company's stock valued at $320,000 after buying an additional 3,215 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at approximately $207,000. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $52.44 on Tuesday. The firm has a market cap of $69.44 billion, a price-to-earnings ratio of 49.01, a P/E/G ratio of 0.58 and a beta of 1.42. The firm has a fifty day moving average price of $48.98 and a 200 day moving average price of $36.00. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $64.25. 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 quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. During the same period in the previous year, the firm posted ($0.82) EPS. Hewlett Packard Enterprise's revenue for the quarter 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. As a group, sell-side analysts expect that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise's payout ratio is currently 53.27%.

Analysts Set New Price Targets

Several research firms recently issued reports on HPE. Truist Financial reissued a "buy" rating and issued a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Argus upped their price target on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a "buy" rating in a research report on Wednesday, June 3rd. Piper Sandler reissued a "neutral" rating and issued a $63.00 price objective (up from $23.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. UBS Group increased their price objective on shares of Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 2nd. Finally, Morgan Stanley upgraded shares of Hewlett Packard Enterprise from an "equal weight" rating to an "overweight" rating and lowered their target price for the company from $71.00 to $69.00 in a research note on Monday, August 10th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $69.80.

Insider Buying and Selling

In related news, SVP Kirt P. Karros sold 18,785 shares of the stock in a transaction that occurred on 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company's stock.

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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