Legato Capital Management LLC Buys New Shares in Hewlett Packard Enterprise Company $HPE

Posted by George Bondi on May 24th, 2026

Legato Capital Management LLC bought a new stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 100,100 shares of the technology company’s stock, valued at approximately $2,404,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Bleakley Financial Group LLC increased its stake in Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after acquiring an additional 439 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Hewlett Packard Enterprise by 0.6% in the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock valued at $1,940,000 after acquiring an additional 448 shares during the last quarter. JFS Wealth Advisors LLC increased its stake in Hewlett Packard Enterprise by 40.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock valued at $38,000 after acquiring an additional 451 shares during the last quarter. Western Wealth Management LLC boosted its position in 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 valued at $375,000 after buying an additional 489 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its position in 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 valued at $844,000 after buying an additional 539 shares during the period. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 10.7%

Shares of NYSE:HPE opened at $37.60 on Friday. Hewlett Packard Enterprise Company has a 1 year low of $17.02 and a 1 year high of $37.75. The company has a market cap of $49.89 billion, a PE ratio of -197.88, a P/E/G ratio of 0.97 and a beta of 1.28. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. The stock’s 50-day moving average is $27.00 and its 200 day moving average is $24.09.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the previous year, the business earned $0.49 EPS. Hewlett Packard Enterprise’s revenue was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 1.97 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were issued a $0.1425 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 1.5%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -300.00%.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 150,000 shares of the firm’s stock in a transaction dated 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 $44,714,218.50. This trade represents a 8.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Neil B. Macdonald sold 24,251 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $27.01, for a total transaction of $655,019.51. Following the completion of the sale, the executive vice president owned 32,243 shares of the company’s stock, valued at $870,883.43. This trade represents a 42.93% decrease in their ownership of the stock. 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 702,402 shares of company stock valued at $18,440,171 over the last ninety days. 0.44% of the stock is owned by corporate insiders.

Analyst Ratings Changes

HPE has been the subject of several analyst reports. Bank of America upped their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Morgan Stanley upped their price target on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a research report on Thursday. Raymond James Financial restated an “outperform” rating and set a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.88.

Get Our Latest Stock Analysis on Hewlett Packard Enterprise

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.