Fieldview Capital Management LLC Takes $487,000 Position in Hewlett Packard Enterprise Company $HPE

Fieldview Capital Management LLC acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 20,260 shares of the technology company’s stock, valued at approximately $487,000.

Several other hedge funds also recently modified their holdings of HPE. Capital World Investors bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $433,537,000. Jericho Capital Asset Management L.P. bought a new position in shares of Hewlett Packard Enterprise in the 3rd quarter valued at about $416,900,000. Norges Bank bought a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $185,969,000. Finally, Holocene Advisors LP bought a new position in shares of Hewlett Packard Enterprise in the 3rd quarter valued at about $144,468,000. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 1.4%

HPE stock opened at $48.84 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75. The stock has a market capitalization of $64.67 billion, a price-to-earnings ratio of 45.64, a PEG ratio of 0.52 and a beta of 1.42. The business’s fifty day moving average price is $34.51 and its two-hundred day moving average price is $26.82. Hewlett Packard Enterprise Company has a fifty-two week low of $17.49 and a fifty-two week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 11.91% and a net margin of 3.94%.The company’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same quarter last year, the business earned ($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, equities 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 declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s payout ratio is presently 53.27%.

Insider Buying and Selling

In other news, CEO Antonio F. Neri sold 150,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $26.50, for a total value of $3,975,000.00. Following the completion of the sale, the chief executive officer directly owned 1,687,329 shares in the company, valued at approximately $44,714,218.50. The trade was a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the sale, the director owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. The trade was a 44.70% decrease in their ownership of the stock. 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 sold 702,402 shares of company stock valued at $18,440,171 in the last quarter. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

HPE has been the subject of several analyst reports. Raymond James Financial raised their price objective on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their price target on Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. Morgan Stanley lifted their price target on Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 2nd. Citigroup lifted their price target on Hewlett Packard Enterprise from $39.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Finally, Susquehanna lifted their price target on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $64.65.

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.