Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Position in Hewlett Packard Enterprise Company $HPE

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 5.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,715,479 shares of the technology company’s stock after purchasing an additional 150,203 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.21% of Hewlett Packard Enterprise worth $66,692,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Total Clarity Wealth Management Inc. purchased a new position in Hewlett Packard Enterprise in the third quarter worth about $751,000. Empirical Asset Management LLC purchased a new position in shares of Hewlett Packard Enterprise in the 3rd quarter worth approximately $708,000. Fox Run Management L.L.C. bought a new position in shares of Hewlett Packard Enterprise during the 3rd quarter valued at approximately $681,000. MAI Capital Management lifted its position in Hewlett Packard Enterprise by 5.8% in the third quarter. MAI Capital Management now owns 17,739 shares of the technology company’s stock worth $436,000 after buying an additional 971 shares during the last quarter. Finally, Cozad Asset Management Inc. boosted its stake in Hewlett Packard Enterprise by 1.3% during the third quarter. Cozad Asset Management Inc. now owns 171,613 shares of the technology company’s stock worth $4,215,000 after buying an additional 2,205 shares during the period. 80.78% of the stock is currently owned by institutional investors.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Maeve C. Culloty sold 35,958 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the transaction, the senior vice president owned 18,785 shares in the company, valued at $462,298.85. This represents a 66.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 585,537 shares of company stock valued at $14,255,864 over the last quarter. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise Stock Up 3.1%

Shares of NYSE:HPE opened at $21.49 on Friday. The business’s 50 day moving average is $22.45 and its 200 day moving average is $23.05. The stock has a market cap of $28.55 billion, a P/E ratio of -358.07, a price-to-earnings-growth ratio of 0.58 and a beta of 1.33. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. The business had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.58 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Sell-side analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were paid a dividend of $0.1425 per share. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, December 19th. Hewlett Packard Enterprise’s payout ratio is -950.00%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Argus increased their target price 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. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Morgan Stanley cut their target price on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 18th. Citigroup reduced their price target on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.29.

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.