Empirical Financial Services LLC d.b.a. Empirical Wealth Management Boosts Position in Hewlett Packard Enterprise Company $HPE

Posted by Stanley Muller on Jul 14th, 2026

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 9.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 283,119 shares of the technology company’s stock after buying an additional 24,451 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Hewlett Packard Enterprise were worth $6,741,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HPE. Capital World Investors purchased a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $901,751,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Hewlett Packard Enterprise during the 4th quarter worth $433,537,000. Jericho Capital Asset Management L.P. acquired a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at $416,900,000. Norges Bank acquired a new stake in Hewlett Packard Enterprise in the 4th quarter valued at $185,969,000. Finally, Holocene Advisors LP purchased a new position in Hewlett Packard Enterprise in the third quarter valued at about $144,468,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Stock Down 2.7%

Shares of NYSE HPE opened at $47.22 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09. Hewlett Packard Enterprise Company has a 1 year low of $19.64 and a 1 year high of $64.25. The stock’s 50-day simple moving average is $42.30 and its 200-day simple moving average is $29.99. The firm has a market cap of $62.52 billion, a price-to-earnings ratio of 44.13, a PEG ratio of 0.53 and a beta of 1.42.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its quarterly earnings data on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same quarter last year, the firm earned ($0.82) EPS. Hewlett Packard Enterprise’s quarterly revenue was up 40.0% on a year-over-year basis. 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. As a group, equities analysts anticipate that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the completion of the sale, the chief financial officer directly owned 204,754 shares in the company, valued at $6,144,667.54. This represents a 31.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 310,102 shares of company stock valued at $9,013,662. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

HPE has been the topic of a number of recent research reports. The Goldman Sachs Group boosted their price objective on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Raymond James Financial raised their target price on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the company an “outperform” rating in a report on Tuesday, June 2nd. Morgan Stanley boosted their price target on Hewlett Packard Enterprise from $33.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. upped 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. Finally, Loop Capital raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and increased their price objective for the company from $23.00 to $75.00 in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.65.

Read Our Latest Research Report on HPE

Hewlett Packard Enterprise Profile

(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.