Primecap Management Co. CA Takes $773.23 Million Position in Hewlett Packard Enterprise Company $HPE

Posted by Geri Gentry on Aug 26th, 2026

Primecap Management Co. CA acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,140,875 shares of the technology company’s stock, valued at approximately $773,225,000. Primecap Management Co. CA owned 1.29% of Hewlett Packard Enterprise as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sax Wealth Advisors LLC grew its position in Hewlett Packard Enterprise by 2.9% during the second quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock worth $396,000 after buying an additional 244 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in shares of Hewlett Packard Enterprise by 5.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company’s stock valued at $324,000 after acquiring an additional 355 shares during the period. Investment Research Partners LLC lifted its position in shares of Hewlett Packard Enterprise by 2.0% during the 4th quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock valued at $527,000 after acquiring an additional 423 shares during the period. D.A. Davidson & CO. boosted its stake in shares of Hewlett Packard Enterprise by 4.5% during the 1st quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock worth $238,000 after acquiring an additional 429 shares in the last quarter. Finally, Compound Planning Inc. grew its holdings in shares of Hewlett Packard Enterprise by 2.4% in the 1st quarter. Compound Planning Inc. now owns 18,951 shares of the technology company’s stock worth $451,000 after acquiring an additional 446 shares during the period. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Activity at Hewlett Packard Enterprise

In related news, SVP Kirt P. Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

HPE has been the subject of several research analyst reports. Wells Fargo & Company raised their price objective on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 2nd. Sanford C. Bernstein boosted their target price on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group upped their target price on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Zacks Research cut Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Morgan Stanley raised Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and cut their price target for the stock from $71.00 to $69.00 in a research note on Monday, August 10th. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus price target of $69.80.

Get Our Latest Stock Report on HPE

Hewlett Packard Enterprise Trading Up 1.9%

Shares of Hewlett Packard Enterprise stock opened at $53.44 on Wednesday. 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 Company has a 1 year low of $19.84 and a 1 year high of $64.25. The company has a market capitalization of $70.77 billion, a P/E ratio of 49.94, a P/E/G ratio of 0.56 and a beta of 1.42. The business has a 50 day moving average price of $49.08 and a 200 day moving average price of $36.22.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The firm had revenue of $10.68 billion for 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($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 2.9 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were paid a dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 53.27%.

Hewlett Packard Enterprise Company 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.