O Shaughnessy Asset Management LLC Has $11.90 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

O Shaughnessy Asset Management LLC trimmed its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 21.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 495,574 shares of the technology company’s stock after selling 132,153 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Hewlett Packard Enterprise were worth $11,904,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of HPE. Capital World Investors acquired a new stake in Hewlett Packard Enterprise in the fourth quarter worth $901,751,000. Jericho Capital Asset Management L.P. acquired a new stake in Hewlett Packard Enterprise in the third quarter worth $416,900,000. Norges Bank acquired a new stake in Hewlett Packard Enterprise in the fourth quarter worth $185,969,000. Holocene Advisors LP acquired a new stake in Hewlett Packard Enterprise in the third quarter worth $144,468,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Hewlett Packard Enterprise by 475.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 3,551,715 shares of the technology company’s stock valued at $87,230,000 after buying an additional 2,933,972 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HPE has been the topic of a number of recent research reports. Truist Financial reaffirmed a “buy” rating and issued a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research note on Tuesday, June 2nd. Wells Fargo & Company raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 2nd. Piper Sandler reaffirmed 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. Bank of America raised their price target on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Finally, The Goldman Sachs Group raised their price target on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Eleven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $64.65.

Hewlett Packard Enterprise Price Performance

HPE opened at $48.15 on Wednesday. The company has a market capitalization of $63.76 billion, a price-to-earnings ratio of 45.00, a PEG ratio of 0.79 and a beta of 1.42. The company has a quick ratio of 0.75, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average price of $32.63 and a 200-day moving average price of $26.07. Hewlett Packard Enterprise Company has a twelve month low of $17.49 and a twelve month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The company’s revenue was up 40.0% on a year-over-year basis. During the same quarter last year, the company earned ($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. Equities analysts expect that Hewlett Packard Enterprise Company will post 1.97 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

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

Insider Activity at Hewlett Packard Enterprise

In related news, CFO Marie Myers sold 93,583 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the completion of the transaction, the chief financial officer owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. The trade was a 31.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 34,001 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total transaction of $852,745.08. Following the transaction, the executive vice president directly owned 17,001 shares of the company’s stock, valued at approximately $426,385.08. This represents a 66.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 702,402 shares of company stock valued at $18,440,171 in the last quarter. 0.44% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise 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.