Vise Technologies Inc. Raises Stock Position in Hewlett Packard Enterprise Company $HPE

Vise Technologies Inc. boosted its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 72.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 39,632 shares of the technology company’s stock after purchasing an additional 16,711 shares during the period. Vise Technologies Inc.’s holdings in Hewlett Packard Enterprise were worth $952,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HPE. Bleakley Financial Group LLC lifted its position in Hewlett Packard Enterprise by 1.0% during the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after purchasing an additional 439 shares during the last quarter. TD Private Client Wealth LLC lifted its position in Hewlett Packard Enterprise by 0.6% during the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock valued at $1,940,000 after purchasing an additional 448 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in Hewlett Packard Enterprise by 40.5% during the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock valued at $38,000 after purchasing an additional 451 shares during the last quarter. Western Wealth Management LLC lifted 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 purchasing an additional 489 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its position in Hewlett Packard Enterprise by 1.6% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 35,130 shares of the technology company’s stock valued at $844,000 after purchasing an additional 539 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Down 3.5%

Shares of NYSE:HPE opened at $48.15 on Wednesday. The stock’s 50-day moving average price is $32.63 and its 200-day moving average price is $26.07. Hewlett Packard Enterprise Company has a 12-month low of $17.49 and a 12-month high of $64.25. The stock has a market capitalization of $63.76 billion, a P/E ratio of 45.00, a price-to-earnings-growth ratio of 0.79 and a beta of 1.42. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last announced 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. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm had revenue of $10.68 billion for the quarter, compared to analysts’ expectations of $9.78 billion. During the same period last year, the firm earned ($0.82) earnings per share. The company’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. On average, equities analysts anticipate that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business 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. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.

Insider Transactions at Hewlett Packard Enterprise

In other news, EVP Neil B. Macdonald sold 112,652 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total value of $2,826,438.68. Following the transaction, the executive vice president owned 56,494 shares in the company, valued at approximately $1,417,434.46. This trade represents a 66.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Fidelma Russo sold 34,001 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total transaction of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at $426,385.08. This represents a 66.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In 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 insiders.

Wall Street Analysts Forecast Growth

HPE has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 2nd. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Piper Sandler reiterated a “neutral” rating and set a $63.00 target price (up from $23.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. Sanford C. Bernstein lifted their target price 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. Finally, Truist Financial reissued a “buy” rating and set a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. Eleven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $64.65.

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.