Boston Common Asset Management LLC Acquires Shares of 45,777 Hewlett Packard Enterprise Company $HPE

Boston Common Asset Management LLC bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPEFree Report) during the second quarter, Holdings Channel.com reports. The firm bought 45,777 shares of the technology company’s stock, valued at approximately $2,065,000.

Several other institutional investors have also recently made changes to their positions in HPE. Capital World Investors purchased a new position in Hewlett Packard Enterprise during the 4th quarter valued at about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $433,537,000. Elliott Investment Management L.P. boosted its position in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after purchasing an additional 8,790,757 shares in the last quarter. Norges Bank purchased a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $185,969,000. Finally, Amundi grew its stake in shares of Hewlett Packard Enterprise by 63.1% in the 4th quarter. Amundi now owns 11,514,029 shares of the technology company’s stock worth $276,567,000 after buying an additional 4,454,568 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $59.83 on Friday. 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 business has a 50-day simple moving average of $48.02 and a two-hundred day simple moving average of $34.37. The stock has a market cap of $79.23 billion, a price-to-earnings ratio of 55.92, a PEG ratio of 0.63 and a beta of 1.42. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last announced its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The company had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm’s revenue was up 40.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.82) EPS. 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. On average, analysts expect that Hewlett Packard Enterprise Company will post 2.9 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared 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 dividend yield of 1.0%. The ex-dividend date was Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

Trending Headlines about Hewlett Packard Enterprise

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

Wall Street Analysts Forecast Growth

HPE has been the subject of a number of recent research reports. Zacks Research cut Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Argus boosted their price objective on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Raymond James Financial upped 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. The Goldman Sachs Group increased their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 10th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and an average price target of $69.80.

Read Our Latest Research Report on Hewlett Packard Enterprise

Insider Activity

In other news, SVP Kirt P. Karros sold 18,785 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by company insiders.

About Hewlett Packard Enterprise

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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