Proficio Capital Partners LLC Makes New $522,000 Investment in Hewlett Packard Enterprise Company $HPE

Proficio Capital Partners LLC acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPEFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 11,580 shares of the technology company’s stock, valued at approximately $522,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Freemont Management S.A. increased its holdings in Hewlett Packard Enterprise by 197.1% during the 4th quarter. Freemont Management S.A. now owns 217,200 shares of the technology company’s stock valued at $5,217,000 after purchasing an additional 144,100 shares during the period. CIBC Asset Management Inc increased its stake in shares of Hewlett Packard Enterprise by 60.2% during the fourth quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after buying an additional 126,938 shares during the period. Irenic Capital Management LP purchased a new stake in Hewlett Packard Enterprise in the first quarter worth $18,691,000. Banque Cantonale Vaudoise boosted its holdings in Hewlett Packard Enterprise by 73.6% in the fourth quarter. Banque Cantonale Vaudoise now owns 234,456 shares of the technology company’s stock valued at $5,632,000 after acquiring an additional 99,412 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its holdings in Hewlett Packard Enterprise by 33.0% in the 4th quarter. Handelsbanken Fonder AB now owns 615,334 shares of the technology company’s stock worth $14,780,000 after purchasing an additional 152,810 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Kirt P. Karros sold 18,785 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Stock Up 1.9%

Shares of Hewlett Packard Enterprise stock opened at $51.85 on Thursday. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25. The firm has a market cap of $68.66 billion, a price-to-earnings ratio of 48.46, a PEG ratio of 0.54 and a beta of 1.43. The company has a 50-day moving average of $49.63 and a 200 day moving average of $37.46. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. Hewlett Packard Enterprise’s quarterly revenue was up 33.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 earnings per share. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 2.92 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio is presently 53.27%.

Hewlett Packard Enterprise News Roundup

Here are the key news stories impacting Hewlett Packard Enterprise this week:

  • Positive Sentiment: Quarterly results exceeded expectations: HPE reported fiscal Q3 EPS of $1.11, above estimates ranging from $0.93 to $0.95, while revenue increased 33.7% year over year to $12.21 billion, topping the $11.97 billion consensus. EPS also more than doubled from $0.44 a year earlier. HPE Reports Fiscal 2026 Third Quarter Results
  • Positive Sentiment: Management raised its outlook above Wall Street forecasts: Fiscal 2026 EPS guidance was set at $3.75-$3.85 versus consensus of $3.34, and revenue guidance was raised to $46-$47 billion versus $45.1 billion expected. Fourth-quarter EPS guidance of $1.20-$1.30 and revenue guidance of $13.9-$14.8 billion also exceeded consensus estimates. HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
  • Positive Sentiment: AI and networking demand are driving growth: Strong demand for AI-related servers and networking products lifted revenue across HPE’s businesses and contributed to a more than fivefold increase in quarterly profit. HPE Boosts Outlook as AI Demand Drives Surge in Third-Quarter Profit
  • Positive Sentiment: Oracle collaboration expands: HPE will deploy Juniper Networking equipment and related services across Oracle’s AI data centers, supporting potential long-term infrastructure demand. HPE and Oracle Deepen Networking Collaboration
  • Neutral Sentiment: HPE initially wavered or moved lower after earnings despite the beat, suggesting investors may be seeking evidence that elevated AI expectations can translate into sustained margins and growth. HPE Shares Slide Despite Strong Q3 and Raised Guidance
  • Positive Sentiment: Broader enthusiasm for enterprise hardware, following Dell’s strong AI backlog and outlook, also supported sentiment toward HPE before its own results.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on HPE shares. Morgan Stanley raised shares of Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and cut their target price for the company from $71.00 to $69.00 in a research note on Monday, August 10th. Susquehanna lifted their price objective on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a report on Sunday. The Goldman Sachs Group increased their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Finally, Citigroup raised their target price on Hewlett Packard Enterprise from $70.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Twelve research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $69.44.

Get Our Latest Stock 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.

Further Reading

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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