Capital International Sarl Makes New $6.65 Million Investment in Hewlett Packard Enterprise Company $HPE

Capital International Sarl purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 276,955 shares of the technology company’s stock, valued at approximately $6,652,000.

Several other hedge funds also recently modified their holdings of the company. Capital International Ltd. CA acquired a new stake in shares of Hewlett Packard Enterprise during the 4th quarter worth about $2,938,000. Capital International Inc. CA acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth approximately $6,298,000. Capital Group Investment Management PTE. LTD. acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth approximately $644,000. Longfellow Investment Management Co. LLC boosted its position in shares of Hewlett Packard Enterprise by 22.8% in the fourth quarter. Longfellow Investment Management Co. LLC now owns 52,948 shares of the technology company’s stock worth $1,272,000 after acquiring an additional 9,846 shares during the last quarter. Finally, Havemeyer Place LP acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth approximately $3,275,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Trading Down 0.1%

HPE opened at $49.16 on Monday. The firm has a market capitalization of $65.10 billion, a P/E ratio of 45.95, a P/E/G ratio of 0.78 and a beta of 1.42. The firm’s 50 day moving average is $31.65 and its 200-day moving average is $25.67. Hewlett Packard Enterprise Company has a 52-week low of $17.49 and a 52-week high of $64.25. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data 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. The company had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The business’s quarterly revenue was up 40.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.82) earnings per share. 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. Analysts expect that Hewlett Packard Enterprise Company will post 1.97 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.1425 per share. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 53.27%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Susquehanna raised their target price on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Wells Fargo & Company raised their target price on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 2nd. Bank of America raised their target price on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Argus raised their target price 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. Finally, Sanford C. Bernstein lifted their price target on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a research report on Tuesday, June 2nd. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $64.65.

Insider Activity at Hewlett Packard Enterprise

In other news, EVP Neil B. Macdonald sold 24,251 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $27.01, for a total transaction of $655,019.51. Following the sale, the executive vice president owned 32,243 shares in the company, valued at $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total transaction of $475,517.97. 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 three months, insiders have sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is currently owned by corporate insiders.

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.