Hewlett PackardHPE
Market Cap: $22.8B
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]
92% more call options, than puts
Call options by funds: $529M | Put options by funds: $276M
92% more first-time investments, than exits
New positions opened: 161 | Existing positions closed: 84
32% more repeat investments, than reductions
Existing positions increased: 354 | Existing positions reduced: 268
16% more capital invested
Capital invested by funds: $19.1B [Q1] → $22.2B (+$3.11B) [Q2]
9% more funds holding
Funds holding: 875 [Q1] → 952 (+77) [Q2]
2.13% less ownership
Funds ownership: 82.74% [Q1] → 80.61% (-2.13%) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Susquehanna Mehdi Hosseini 36% 1-year accuracy 14 / 39 met price target | 14%upside $20 | Neutral Maintained | 6 Sept 2024 |
B of A Securities Wamsi Mohan 54% 1-year accuracy 19 / 35 met price target | 20%upside $21 | Neutral Maintained | 5 Sept 2024 |
UBS David Vogt 50% 1-year accuracy 6 / 12 met price target | 8%upside $19 | Neutral Maintained | 5 Sept 2024 |
B of A Securities Wamsi Mohan 54% 1-year accuracy 19 / 35 met price target | 37%upside $24 | Neutral Maintained | 21 Jun 2024 |
Morgan Stanley Meta Marshall 58% 1-year accuracy 11 / 19 met price target | 20%upside $21 | Equal-Weight Maintained | 20 Jun 2024 |
Financial journalist opinion
Based on 47 articles about HPE published over the past 30 days