Boothbay Fund Management LLC Sells 227,965 Shares of Hewlett Packard Enterprise Company $HPE

Boothbay Fund Management LLC lowered its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 29.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 551,063 shares of the technology company’s stock after selling 227,965 shares during the quarter. Boothbay Fund Management LLC’s holdings in Hewlett Packard Enterprise were worth $13,237,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HPE. Capital World Investors bought a new position in shares of Hewlett Packard Enterprise in the fourth quarter valued at approximately $901,751,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Hewlett Packard Enterprise in the fourth quarter valued at approximately $433,537,000. Jericho Capital Asset Management L.P. bought a new position in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $416,900,000. Norges Bank bought a new position in shares of Hewlett Packard Enterprise in the fourth quarter valued at approximately $185,969,000. Finally, Holocene Advisors LP bought a new position in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $144,468,000. Institutional investors own 80.78% of the company’s stock.

Insider Activity

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 17,001 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $27.97, for a total transaction of $475,517.97. The transaction 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 Hewlett Packard Enterprise stock in a transaction 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 directly owned 1,687,329 shares of the company’s stock, valued at $44,714,218.50. This represents a 8.16% decrease in their position. 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. In the last ninety days, insiders have sold 702,402 shares of company stock worth $18,440,171. Corporate insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HPE. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 10th. Susquehanna lifted their target price on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Sanford C. Bernstein raised their price target on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a “market perform” rating in a report on Tuesday, June 2nd. Barclays raised their price target on shares of Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Finally, Citigroup raised their price target on shares of Hewlett Packard Enterprise from $39.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and a consensus price target of $64.65.

Hewlett Packard Enterprise Price Performance

HPE opened at $48.03 on Thursday. The company has a fifty day moving average price of $35.46 and a two-hundred day moving average price of $27.19. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. Hewlett Packard Enterprise Company has a 52 week low of $17.49 and a 52 week high of $64.25. The firm has a market capitalization of $63.61 billion, a PE ratio of 44.89, a P/E/G ratio of 0.52 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last released 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. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The firm had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the previous year, the business earned ($0.82) EPS. The business’s quarterly revenue 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. As a group, analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

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

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: HPE expanded its collaboration with Cadence to support AI-driven data center modernization, reinforcing its position in enterprise infrastructure and AI-ready computing. Cadence and HPE expand collaboration to support AI-driven data centre modernisation
• Positive Sentiment: HPE picked up more Nvidia-related momentum as it adds more GPU and AI capabilities to its stack, which could improve its competitiveness in agentic AI and high-performance infrastructure. HPE nabs more Nvidia fuel to augment agentic AI efforts
• Positive Sentiment: Analysts and commentators remained constructive, with pieces arguing HPE could be undervalued and positioned as a pure-play enterprise AI beneficiary, which can boost investor sentiment. Hewlett Packard Enterprise (HPE) Stock Could Be 24.6% Undervalued After AI Networking Push
• Positive Sentiment: HPE continued to deepen its ecosystem, including Juniper-related networking technology and disaster-recovery partnerships for Kubernetes, reinforcing its hybrid cloud and enterprise software story. HPE drives more Juniper Networks self-driving tech into its stack
• Neutral Sentiment: HPE’s Discover IR Summit transcript and related conference coverage likely highlighted strategy and execution, but these are more informational than directly market-moving. Hewlett Packard Enterprise Company (HPE) Presents at 2026 HPE Discover IR Summit Transcript
• Neutral Sentiment: Industry recognition such as partner awards and software launches for HPE Nonstop and GreenLake add credibility, but they are incremental rather than major catalysts. WEI Named 2026 HPE North America Partner of the Year
• Neutral Sentiment: Wall Street commentary calling HPE a “strong buy” or a stock to own in the rebound supports the bullish narrative, though it does not by itself change fundamentals. The Best Soaring “Strong Buy” Stocks to Buy Now as the Market Rebounds

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.