Hewlett Packard
About: Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
Employees: 62,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
700% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 8 (+7) [Q2]
103% more first-time investments, than exits
New positions opened: 162 | Existing positions closed: 80
92% more call options, than puts
Call options by funds: $529M | Put options by funds: $276M
32% more repeat investments, than reductions
Existing positions increased: 356 | Existing positions reduced: 269
16% more capital invested
Capital invested by funds: $19.1B [Q1] → $22.2B (+$3.12B) [Q2]
9% more funds holding
Funds holding: 877 [Q1] → 959 (+82) [Q2]
2.1% less ownership
Funds ownership: 82.74% [Q1] → 80.64% (-2.1%) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Susquehanna Mehdi Hosseini 46% 1-year accuracy 13 / 28 met price target | 2%upside $20 | Neutral Maintained | 11 Oct 2024 |
Deutsche Bank | 12%upside $22 | Hold Initiated | 9 Oct 2024 |
Barclays Tim Long 65% 1-year accuracy 26 / 40 met price target | 22%upside $24 | Overweight Upgraded | 25 Sept 2024 |
Citigroup Asiya Merchant 72% 1-year accuracy 13 / 18 met price target | 2%upside $20 | Neutral Reinstated | 23 Sept 2024 |
B of A Securities Wamsi Mohan 76% 1-year accuracy 29 / 38 met price target | 22%upside $24 | Buy Upgraded | 17 Sept 2024 |
Financial journalist opinion
Based on 32 articles about HPE published over the past 30 days
