Epoch Investment Partners Inc. Has $129.97 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

Epoch Investment Partners Inc. trimmed its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.5% in the first quarter, Holdings Channel.com reports. The fund owned 5,458,404 shares of the technology company’s stock after selling 28,237 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Hewlett Packard Enterprise were worth $129,965,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SJS Investment Consulting Inc. boosted its holdings in Hewlett Packard Enterprise by 159.5% in the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after acquiring an additional 716 shares during the last quarter. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise during the 2nd quarter worth approximately $26,000. Union Savings Bank bought a new position in Hewlett Packard Enterprise during the 4th quarter worth approximately $30,000. Reflection Asset Management acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $31,000. Finally, Thompson Investment Management Inc. acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $34,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $47.64 on Friday. The company has a market cap of $63.08 billion, a P/E ratio of 44.52, a PEG ratio of 0.52 and a beta of 1.42. The company has a fifty day simple moving average of $45.12 and a 200 day simple moving average of $31.38. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise Company has a 12-month low of $19.64 and a 12-month high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share 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 company had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the prior year, the business posted ($0.82) EPS. The firm’s 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. Sell-side analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were paid a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.

Analysts Set New Price Targets

Several research firms have recently weighed in on HPE. The Goldman Sachs Group increased their price objective on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Barclays boosted their target price 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. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Wells Fargo & Company increased their price target on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 2nd. Finally, Truist Financial reissued a “buy” rating and issued a $69.00 price objective (up from $31.00) on shares of Hewlett Packard Enterprise in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average target price of $67.31.

Insider Transactions at Hewlett Packard Enterprise

In related news, Director Bethany Mayer sold 6,482 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was 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 in the company, valued at approximately $233,323.80. This represents a 44.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Kirt P. Karros sold 18,785 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total value of $911,072.50. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 118,850 shares of company stock valued at $3,908,125 over the last ninety days. 0.44% of the stock is currently owned by 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.