Hewlett Packard Enterprise Company

New York Stock Exchange
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Bullish +65

Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires 173,200 ...

📈 Fjarde AP Fonden increased its HPE holdings by 80.1% to 389,560 shares worth $9.275 million in Q1.

📈 Mirae Asset raised its stake by 24.1% to 215,593 shares valued at $5.179 million.

📈 Viking Fund Management grew its position by 22.5% to 490,000 shares worth $11.77 million.

📈 Freemont Management increased its holding by 197.1% to 217,200 shares valued at $5.217 million.

📈 CIBC Asset Management raised its stake by 60.2% to 337,691 shares worth $8.111 million.

📈 Vanguard Group increased its position by 1.1% to own 173 million shares valued at $4.157 billion.

📈 Loop Capital upgraded HPE from 'hold' to 'buy' with a price target raised to $75.

📈 Zacks Research and Wall Street Zen both upgraded the stock to 'strong-buy' ratings.

📈 Truist Financial reaffirmed a 'buy' rating and set a new price objective of $69.

💰 HPE announced a quarterly dividend of $0.1425 per share with an ex-dividend date of June 16th.

📉 EVP Fidelma Russo sold 17,001 shares for approximately $475,518 under a Rule 10b5-1 plan.

📉 CFO Marie Myers sold 93,583 shares for approximately $2.8 million, reducing her ownership by 31.37%.

📉 Insiders have collectively sold 310,102 shares worth $9.01 million over the last ninety days.

💹 The stock trades at a P/E ratio of 38.37 with a market capitalization of $54.37 billion.

📊 Institutional investors own 80.78% of the outstanding shares of Hewlett Packard Enterprise.

Bullish Signals
  • Fjarde AP Fonden significantly increased its stake by 80.1%, signaling strong institutional confidence in the company's future prospects.
  • Multiple major hedge funds including Mirae Asset, Viking Fund Management, and CIBC Asset Management raised their positions during the fourth quarter.
  • Loop Capital upgraded HPE to a 'buy' rating and increased its price target from $23.00 to $75.00.
  • Zacks Research upgraded the stock from 'hold' to 'strong-buy', indicating improved fundamental outlook.
  • Truist Financial raised its price objective to $69.00 while maintaining a 'buy' rating.
  • Wells Fargo increased its price target to $67.00, reflecting positive analyst sentiment.
  • The company maintains a substantial institutional ownership base of 80.78%, suggesting stability and broad market interest.
  • HPE has established a consistent dividend policy with a recent payout representing a 1.4% yield.
Risk Factors
  • Corporate insiders, including the CFO and EVP, have sold over $9 million in stock over the last ninety days, which may indicate reduced personal conviction or portfolio rebalancing.
  • The stock trades at a P/E ratio of 38.37, which is relatively high compared to historical averages for enterprise hardware companies.
Full Analysis
Hewlett Packard Enterprise (NYSE:HPE) saw significant institutional interest in the first quarter of 2026, led by Fjarde AP Fonden increasing its stake by 80.1% to own 389,560 shares valued at $9.275 million. Other major funds including Mirae Asset, Viking Fund Management, Freemont Management, CIBC Asset Management, and Vanguard Group also raised their positions during the fourth quarter, with institutional ownership standing at 80.78%. Analyst sentiment has turned overwhelmingly bullish in recent weeks, with Loop Capital upgrading HPE to a 'buy' with a $75 price target, Zacks Research moving to 'strong-buy', and Truist Financial raising its objective to $69. MarketBeat data reflects an average analyst rating of 'Moderate Buy' with a consensus target price of $64.65. The company recently announced a quarterly dividend of $0.1425 per share, payable on July 15th to shareholders of record as of June 16th, representing a yield of 1.4%. Financial metrics show a market cap of $54.37 billion and a P/E ratio of 38.37, while insiders have sold approximately $9 million in stock over the last ninety days under pre-arranged trading plans.