Moors & Cabot Inc. Invests $246,000 in Hewlett Packard Enterprise Company $HPE

Moors & Cabot Inc. bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,240 shares of the technology company’s stock, valued at approximately $246,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bleakley Financial Group LLC raised its position in shares of Hewlett Packard Enterprise by 1.0% during the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock worth $1,045,000 after purchasing an additional 439 shares during the period. TD Private Client Wealth LLC raised its position in shares of Hewlett Packard Enterprise by 0.6% during the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock worth $1,940,000 after purchasing an additional 448 shares during the period. JFS Wealth Advisors LLC raised 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 worth $38,000 after purchasing an additional 451 shares during the period. Western Wealth Management LLC raised its position in shares of Hewlett Packard Enterprise by 3.3% during the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock worth $375,000 after purchasing an additional 489 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Hewlett Packard Enterprise by 1.6% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 35,130 shares of the technology company’s stock worth $844,000 after purchasing an additional 539 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE opened at $56.05 on Wednesday. The business’s 50-day moving average price is $29.23 and its two-hundred day moving average price is $24.80. 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 Company has a one year low of $17.16 and a one year high of $64.25. The company has a market capitalization of $74.37 billion, a P/E ratio of 52.39, a price-to-earnings-growth ratio of 1.20 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.99% and a net margin of 3.94%.The firm had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 billion. During the same quarter in the previous year, the company posted ($0.82) earnings per share. 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. Analysts anticipate that Hewlett Packard Enterprise Company will post 1.97 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be paid a $0.1425 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. Hewlett Packard Enterprise’s payout ratio is -300.00%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on HPE shares. Susquehanna boosted their target price on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday. Loop Capital raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and upped their price target for the company from $23.00 to $75.00 in a research report on Tuesday. Truist Financial reissued 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. Barclays upped their price target on Hewlett Packard Enterprise from $28.00 to $67.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Wells Fargo & Company upped their price target on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $59.47.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE reported Q2 earnings of $0.79 per share on revenue of $10.68 billion, beating Wall Street estimates and marking 40% year-over-year revenue growth as networking demand jumped. HPE Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: The company lifted full-year fiscal 2026 guidance well above analyst expectations and said it is now on track to hit 2028 financial targets two years early, reinforcing the view that AI demand is accelerating growth. HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
• Positive Sentiment: Analysts turned more constructive after the report, with multiple firms raising price targets and several reiterating buy/overweight views, suggesting expectations are being reset higher. Analyst target updates via Benzinga
• Positive Sentiment: HPE also introduced a new NVIDIA Vera CPU-based server for agentic AI workloads, adding another catalyst tied to its AI server strategy. HPE Introduces CPU Server with NVIDIA Vera CPU, Purpose-built for Agentic AI

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CFO Marie Myers sold 93,583 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total value of $2,808,425.83. Following the transaction, the chief financial officer owned 204,754 shares in the company, valued at $6,144,667.54. The trade was a 31.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 34,001 shares of the business’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at $426,385.08. This trade represents a 66.67% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 702,402 shares of company stock valued at $18,440,171. Corporate 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.