Man Group plc Makes New $34.12 Million Investment in Hewlett Packard Enterprise Company $HPE

Man Group plc acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE) during the second quarter, HoldingsChannel reports. The firm acquired 756,341 shares of the technology company’s stock, valued at approximately $34,119,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Headlands Technologies LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $26,000. Delos Wealth Advisors LLC purchased a new position in Hewlett Packard Enterprise in the second quarter valued at approximately $27,000. SJS Investment Consulting Inc. lifted its position in Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after buying an additional 716 shares in the last quarter. Union Savings Bank acquired a new position in Hewlett Packard Enterprise during the fourth quarter valued at approximately $30,000. Finally, First Bancorp Inc ME purchased a new stake in Hewlett Packard Enterprise during the second quarter worth approximately $30,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HPE. Citigroup increased their price objective on shares of Hewlett Packard Enterprise from $70.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Truist Financial reaffirmed a “buy” rating and set a $69.00 price target (up from $31.00) on shares of Hewlett Packard Enterprise in a research 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. Raymond James Financial raised their price objective on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. Finally, Piper Sandler restated a “neutral” rating and set a $63.00 price objective (up from $23.00) 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 six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.80.

Hewlett Packard Enterprise Stock Up 3.3%

Shares of NYSE:HPE opened at $55.22 on Thursday. The company has a market capitalization of $73.12 billion, a price-to-earnings ratio of 51.61, a price-to-earnings-growth ratio of 0.58 and a beta of 1.42. The company has a 50 day moving average of $49.22 and a two-hundred day moving average of $36.45. Hewlett Packard Enterprise Company has a 52-week low of $19.84 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 earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. The business had revenue of $10.68 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 40.0% compared to the same quarter last year. During the same period in the previous year, the company 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. As a group, analysts forecast that Hewlett Packard Enterprise Company will post 2.9 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th were given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

Key Headlines Impacting Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: Private-cloud AI demand is a key growth catalyst. HPE’s enterprise AI orders, backlog, and demand for Private Cloud AI reportedly remain strong, supporting expectations for continued growth in higher-value infrastructure and services. HPE’s Private Cloud AI Gains Momentum: What Lies Ahead?
• Positive Sentiment: Investors are positioning for the upcoming earnings report. Zacks expects HPE to have favorable conditions for a potential earnings beat, adding near-term anticipation. HPE’s prior report exceeded consensus earnings and revenue estimates, and management’s fiscal 2026 guidance provides a fundamental support for the bullish view. Hewlett Packard Enterprise Earnings Expected to Grow
• Positive Sentiment: Technical momentum has improved. HPE moved above its 20-day moving average after finding support, a signal that short-term traders may interpret as bullish. Another analysis describes a potential “bull flag” pattern ahead of earnings, although that price target is speculative. HPE Crossed Above the 20-Day Moving Average
• Neutral Sentiment: HPE was included among low price-to-book stocks with potential value and growth characteristics, but the article is a screening piece rather than a new company-specific catalyst. Five Low P/B Stocks
• Neutral Sentiment: Newegg Business is partnering with HPE to streamline server procurement and deployment. The deal may improve channel access, but no financial terms or material revenue impact were disclosed. Newegg Business Teams with HPE
• Negative Sentiment: Dell Technologies reportedly matched HPE’s 30-day price-quote guarantee, potentially reducing the differentiation of HPE’s sales policy and increasing competitive pressure. Dell Matches HPE’s Price Quote Guarantee

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 18,785 shares of the firm’s stock in a transaction dated 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 filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is 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.