Minneapolis Portfolio Management Group LLC Purchases 16,901 Shares of Hewlett Packard Enterprise Company $HPE

Minneapolis Portfolio Management Group LLC increased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 757,066 shares of the technology company’s stock after buying an additional 16,901 shares during the period. Hewlett Packard Enterprise accounts for about 2.1% of Minneapolis Portfolio Management Group LLC’s investment portfolio, making the stock its 28th largest holding. Minneapolis Portfolio Management Group LLC’s holdings in Hewlett Packard Enterprise were worth $18,185,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $26,000. Clearstead Trust LLC increased its position in shares of Hewlett Packard Enterprise by 93.8% during the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after purchasing an additional 625 shares during the period. Thompson Investment Management Inc. bought a new stake in shares of Hewlett Packard Enterprise during the fourth quarter valued at approximately $34,000. JFS Wealth Advisors LLC increased its position in shares of 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 period. Finally, WealthCollab LLC increased its position in shares of Hewlett Packard Enterprise by 121.8% during the fourth quarter. WealthCollab LLC now owns 1,657 shares of the technology company’s stock valued at $40,000 after purchasing an additional 910 shares during the period. 80.78% of the stock is currently owned by institutional investors.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE reported adjusted EPS of $0.79, well above Wall Street’s $0.54 estimate, showing stronger-than-expected profitability. Article Title
• Positive Sentiment: Revenue came in at $10.68 billion versus $9.78 billion expected, with year-over-year sales growth of 40%, reinforcing that demand remains strong. Read More.
• Positive Sentiment: The company said networking revenue surged 148%, highlighting robust AI infrastructure and networking demand as customers build out AI data centers. Article Title
• Positive Sentiment: Management raised guidance sharply, with Q3 EPS and revenue outlooks both above consensus, and also increased full-year FY2026 targets. Article Title
• Positive Sentiment: HPE said it now expects to reach its 2028 financial targets two years early, reflecting confidence in AI-driven demand and execution. Article Title
• Positive Sentiment: HPE also announced a new NVIDIA Vera CPU-based server designed for agentic AI workloads, which supports the company’s push deeper into AI infrastructure. Article Title
• Neutral Sentiment: HPE named Elliott partner Chris Hsu to its board, a governance update that is not likely to drive near-term results by itself. Article Title

Hewlett Packard Enterprise Stock Performance

Shares of NYSE:HPE opened at $47.37 on Tuesday. The business’s fifty day moving average price is $29.23 and its two-hundred day moving average price is $24.80. Hewlett Packard Enterprise Company has a fifty-two week low of $17.02 and a fifty-two week high of $47.97. The stock has a market capitalization of $62.85 billion, a price-to-earnings ratio of -249.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.28. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The firm had revenue of $10.68 billion for the quarter, compared to analysts’ expectations of $9.78 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business’s revenue was up 40.0% compared to the same quarter last year. During the same period in the prior year, the business 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 predict that Hewlett Packard Enterprise Company will post 1.97 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is presently -300.00%.

Analyst Ratings Changes

A number of analysts have recently issued reports on HPE shares. Truist Financial started coverage on Hewlett Packard Enterprise in a research report on Tuesday, March 31st. They set a “buy” rating and a $31.00 price objective on the stock. Bank of America boosted their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Citigroup boosted their price objective on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Raymond James Financial reaffirmed an “outperform” rating and issued a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. Finally, Wall Street Zen cut Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.88.

Insider Activity at Hewlett Packard Enterprise

In other news, EVP Neil B. Macdonald sold 24,251 shares of the stock in a transaction on Monday, April 20th. The stock was 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 approximately $870,883.43. This represents a 42.93% 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 150,000 shares of the stock in a transaction on Friday, April 17th. The stock was sold at an average price of $26.50, for a total value 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. The trade was a 8.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 702,402 shares of company stock valued at $18,440,171. 0.44% of the stock is currently owned by company 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.