Oarsman Capital Inc. raised its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 31.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 135,996 shares of the technology company’s stock after purchasing an additional 32,424 shares during the quarter. Oarsman Capital Inc.’s holdings in Hewlett Packard Enterprise were worth $3,267,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Hewlett Packard Enterprise by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after purchasing an additional 1,917,719 shares during the last quarter. Capital World Investors acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $901,751,000. Geode Capital Management LLC lifted its holdings in shares of Hewlett Packard Enterprise by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock valued at $835,626,000 after buying an additional 431,728 shares during the period. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at about $433,537,000. Finally, Jericho Capital Asset Management L.P. acquired a new position in shares of Hewlett Packard Enterprise in the 3rd quarter valued at about $416,900,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Insider Buying and Selling
In related news, CEO Antonio F. Neri sold 264,432 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.18, for a total value of $6,658,397.76. Following the completion of the transaction, the chief executive officer owned 1,837,329 shares of the company’s stock, valued at approximately $46,263,944.22. This represents a 12.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Fidelma Russo sold 34,001 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was 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 directly owned 17,001 shares of the company’s stock, valued at $426,385.08. The trade was a 66.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 702,402 shares of company stock worth $18,440,171 in the last ninety days. 0.44% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Hewlett Packard Enterprise
Hewlett Packard Enterprise Stock Performance
NYSE HPE opened at $48.84 on Tuesday. 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. Hewlett Packard Enterprise Company has a twelve month low of $17.49 and a twelve month high of $64.25. The company has a current ratio of 1.09, a quick ratio of 0.75 and a debt-to-equity ratio of 0.72. The stock has a 50-day moving average of $34.51 and a 200 day moving average of $26.82.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its quarterly 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. The company had revenue of $10.68 billion during 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%.Hewlett Packard Enterprise’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th will be issued a $0.1425 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.
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.
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