Ilmarinen Mutual Pension Insurance Co Has $5.60 Million Stake in Hewlett Packard Enterprise Company $HPE

Ilmarinen Mutual Pension Insurance Co reduced its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 13.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 233,000 shares of the technology company’s stock after selling 37,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Hewlett Packard Enterprise were worth $5,597,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HPE. Empowered Funds LLC lifted its stake in Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after buying an additional 113,906 shares during the period. Geneos Wealth Management Inc. lifted its stake in Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after buying an additional 1,377 shares during the period. Brown Advisory Inc. lifted its stake in Hewlett Packard Enterprise by 4.4% in the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock valued at $482,000 after buying an additional 996 shares during the period. Jump Financial LLC lifted its stake in Hewlett Packard Enterprise by 25.8% in the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after buying an additional 3,215 shares during the period. Finally, WINTON GROUP Ltd acquired a new position in Hewlett Packard Enterprise in the second quarter valued at about $207,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Trading Up 2.8%

Shares of NYSE:HPE opened at $38.24 on Friday. Hewlett Packard Enterprise Company has a 12 month low of $17.02 and a 12 month high of $38.58. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The company’s fifty day simple moving average is $28.29 and its 200 day simple moving average is $24.49. The firm has a market cap of $50.74 billion, a price-to-earnings ratio of -201.27, a PEG ratio of 0.95 and a beta of 1.28.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The business had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same period last year, the business posted $0.49 earnings per share. The firm’s quarterly revenue was up 18.4% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, research analysts forecast that Hewlett Packard Enterprise Company will post 1.97 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently -300.00%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Truist Financial assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, March 31st. They issued a “buy” rating and a $31.00 target price on the stock. Citigroup increased their target price on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Morgan Stanley increased their target price on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. Raymond James Financial reiterated an “outperform” rating and issued a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Finally, Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.88.

Insiders Place Their Bets

In other news, CEO Antonio F. Neri sold 150,000 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $26.50, for a total transaction of $3,975,000.00. Following the sale, the chief executive officer owned 1,687,329 shares in the company, valued at $44,714,218.50. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of the company’s stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total value 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. Insiders have sold 702,402 shares of company stock worth $18,440,171 in the last 90 days. Company insiders own 0.44% of the company’s stock.

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.