Please enable JS and disable any ad blocker chairman of the executive committee (1977–83) and director emeritus (from 1987 until his death in 2001) Hewlett helped to improve the technical aspects of HP products and he and Packard promoted an innovative management style that stressed creativity Open full sized imageThe HP-35 was the first pocket scientific calculator.Reproduced with permission of the Hewlett-Packard Company ArchivesIn 1966 Hewlett and his first wife, Flora, established the William and Flora Hewlett Foundation, which made bequests to numerous environmental, arts, educational, and social causes. In 1983 he was honored with the National Medal of Science, the highest scientific award in the United States At his death Hewlett was one of the wealthiest Americans and his estate bequeathed $6 billion to the Hewlett Foundation HPE’s board is expected to meet in coming days to discuss whether to replace CEO Antonio Neri a Hewlett Packard lifer who has run the company since 2018 following a proposal from activist investor Elliott Management to do that Elliott has a $1.5 billion stake in HPE and wrote in a letter to HPE’s board earlier this week that it would push for Neri’s replacement, some of the people said. If Elliott has its own candidate in mind, it didn’t share them with HPE’s board. The size of its stake was previously reported by Bloomberg “HPE maintains an ongoing dialogue with our shareholders on a range of issues and values their constructive input,” an HPE spokesperson said “The board and management regularly assess the strategic direction of the company with a focus on driving long-term shareholder value Neri is in the middle of the highest-stakes move of his career: Steering a $14 billion acquisition of Juniper Networks past antitrust regulators seeking to block it Both companies seemed blindsided by the Justice Department’s lawsuit and have sought to reframe their combination as providing an America-first competitor to Chinese telecom companies HPE has struggled since its 2015 separation from HP’s legacy PC business Both companies combined trade today for about what HP was worth on its own before the split versus a 415% increase in the S&P 500 tech sector Elliott in its letter requested discussions with HPE and said it wanted to keep those talks private as part of standard succession planning that was ongoing before Elliott arrived on the scene had identified several internal candidates who could replace Neri according to people familiar with the matter HPE spun out of Hewlett Packard in 2015 after CEO Meg Whitman split the company’s personal computers from the servers and software it sold to companies Neither piece has matched the broader market’s surge since then Sign up for Semafor .css-w8sqnb{text-transform:capitalize;}business Please try using other words for your search or explore other sections of the website for relevant information Our team is working diligently to resolve the issue Thank you for your patience and understanding With a market cap of $21.7 billion, Hewlett Packard Enterprise Company (HPE) is a Texas-based multinational technology firm that focuses on enterprise IT solutions Formed in 2015 after the corporate split of Hewlett-Packard helping them modernize IT infrastructure and accelerate digital transformation HPE is scheduled to release its fiscal Q2 2025 earnings results on Tuesday, Jun. 3. Ahead of this event, analysts expect the tech titan to report a profit of $0.27 per share, a 12.5% rise from $0.24 per share in the year-ago quarter The company has exceeded Wall Street's earnings expectations in two of the past four quarters while missing on two other occasions HPE missed the consensus EPS estimate by a 11.4% margin For the current year ending in October, analysts expect HPE’s EPS to decline 12.1% from $1.73 in fiscal 2024to $1.52 growing 19.7% annually to $1.82 in fiscal 2026 On April 15, HPE shares surged 7.3% after activist investor Elliott Management revealed a $1.5 billion stake in the company as activist involvement typically signals potential efforts to enhance cost efficiency and unlock value through asset optimization or buybacks Analysts' consensus view on HPE stock remains fairly upbeat six recommend a "Strong Buy," one "Moderate Buy," and eight give a "Hold" rating Its average analyst price target of $19.86 represents a potential upswing of 21.8% from the current market prices The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq This data feed is not available at this time These symbols will be available throughout the site during your session These instruments will be available throughout the site during your session Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use The Hewlett Foundation is pleased to announce the appointment of Nicole Cordan as Program Officer in Environment Cordan will lead the Foundation’s western conservation grantmaking strategy focusing on preserving landscapes and waterways across the Western United States to safeguard the health and well-being of both people and wildlife Cordan brings a wealth of experience in environmental policy and conservation having worked on a diverse range of issues She is committed to the belief that nature provides essential resources—air and food—that are critical to the health and well-being of this and future generations “I am honored to join the Hewlett Foundation and contribute to its important conservation work and climate efforts,” said Nicole Cordan “I’ve been a long-time admirer of Hewlett’s community-led approach and its work to support Indigenous-led conservation This role gives me a tremendous opportunity to support meaningful lasting progress at the intersection of policy Cordan served as the Director of Freshwater Policy at the White House Council on Environmental Quality (CEQ) she led policy development and strategic analysis on freshwater resource issues playing a critical role in shaping national policy on drought management and contaminants such as lead and PFAS in drinking water She also organized landmark events such as the Water Tech Roundtable and the Lead Pipes Summit and helped launch the America the Beautiful Freshwater Challenge an initiative to protect and restore the nation’s rivers and wetlands Cordan’s career also includes roles at The Pew Charitable Trusts Public Lands & Rivers Conservation Project where she directed policy and legal strategies for restoring salmon and steelhead populations in the Columbia and Snake River Basin She has held leadership positions at the National Wildlife Federation focusing on environmental protection and natural resource conservation “I am excited to welcome Nicole to the foundation and immensely grateful for the strong foundation that Andrea Keller Helsel leaves behind,” said Jonathan Pershing Environment program director at the Hewlett Foundation and leadership in environmental conservation will continue the strategy’s tradition of finding common ground and developing shared solutions among a wide range of stakeholders across the U.S A graduate of Lewis & Clark Law School Cordan holds a Juris Doctor degree and a certificate in Environmental and Natural Resources Law She was named the Distinguished Environmental Law Graduate in 2009 The William and Flora Hewlett Foundation announced today that Eli Sugarman who previously led the foundation’s Cyber Initiative will join the foundation as Director of Special Projects he will support the foundation’s president in managing the institution’s Special Projects portfolio which has been used for unique catalytic opportunities Sugarman brings a wealth of experience working at the intersection of security and emerging technologies as well as deep knowledge of philanthropic strategy he served as a senior fellow with the Special Competitive Studies Project where he worked on projects related to technology policy He currently serves on the board of ROOST.tools (Robust Online Safety Tools) which he helped incubate and launch while at the Special Competitive Studies Project He also serves on the boards of the Institute for Security and Technology and Girl Security and is a member of the Aspen Institute’s Global Cybersecurity Group “Eli’s experience scoping and scaling new grantmaking efforts and his deep knowledge of Hewlett and the way we work and to what I hope to achieve with our Special Projects portfolio,” said Hewlett Foundation President Amber D “I’m looking forward to welcoming him back to the foundation and to working with him to explore new areas where the foundation can have a real impact.” Sugarman held positions with the Oversight Board the Afghanistan Legal Education Project and the United States Department of State He holds a bachelor’s degree in international relations from Middlebury College and a law degree from Stanford Law School Sugarman will join the foundation on April 14 This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page The Motley Fool is a financial services company dedicated to making the world smarter The Motley Fool reaches millions of people every month through our premium investing solutions free guidance and market analysis on Fool.com Hewlett Packard Enterprise (HPE -1.04%) stock collapsed in a 15.2% rout (through 9:50 a.m ET) this morning after reporting mixed earnings last night and forecasting a significantly worse 2025 than most Wall Street analysts had been expecting For Q1 2025, estimates had HP Enterprise (as I'll call it here, to distinguish this enterprise IT specialist from its better-known brother, HP (HPQ -0.23%) which specializes in personal computers) earning $0.50 per share on just over $7.8 billion in revenue But its earnings fell a penny short of the consensus at only $0.49 The news wasn't all bad. HP Enterprise grew its revenue 17% year over year. It showed especial strength in artificial intelligence (AI) with "1.6 billion in net orders for AI systems" and "enterprise AI orders [up] 40%" year over year HP Enterprise burned through $877 million in negative free cash flow calling into serious question the quality of its earnings management said Q2 sales will range from $7.2 billion to $7.6 billion (versus the $7.9 billion Wall Street was expecting) Non-GAAP profit will be no more than $0.34 per share (versus analyst predictions of $0.50) management says 2025 revenue may grow 7% to 11% over 2024 levels -- $32.2 billion to $33.4 billion That's probably going to beat the Street's $32.5 billion forecast won't exceed $1.90 per share -- and the Street wants to see $2.13 That's a big miss, folks. And it may make HP Enterprise stock a sell Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends HP. The Motley Fool has a disclosure policy *Average returns of all recommendations since inception Cost basis and return based on previous market day close Market data powered by Xignite and Polygon.io we believe everyone deserves a meaningful opportunity to thrive regardless of their background or circumstances this opportunity is increasingly threatened as the global climate crisis deepens we’ve witnessed escalating wildfires increased climate-induced displacement of communities mounting challenges for farmers worldwide These urgent issues underscore the imperative for immediate action on climate change Governments and private industries are increasingly collaborating and committing to climate action Public awareness of climate change’s implications for our future is growing and there has been significant adoption and scaling of climate solutions — while the price for new and clean technologies like electric vehicles and renewable energy has dropped precipitously the private sector and governments have substantially increased their investments in climate solutions Recognizing both the urgency of the current moment and the opportunities arising from new commitments and investments Hewlett’s climate team engaged with funding peers and development to refine our global climate strategy The strategy’s evolution builds on over 15 years of experience and on our recognition of the need to amplify recent progress Our updated strategy focuses on supporting countries and industries as they work to implement their existing climate commitments and fulfill the promises they have made While increasing global climate ambition will be crucial we recognize that meeting current climate targets is a prerequisite for further progress And our goal is clear: to keep the global average temperature increase well below 2°C above preindustrial levels facilitating a sustainable and equitable transition to a low-carbon economy Hewlett will invest in efforts that promote benefits to all stakeholders in this transition and ensure they have the necessary support and resources to contribute to a flourishing planet Our refreshed strategy will prioritize three broad thematic areas seeking to: Advance durable and equitable mitigation in high-emission geographies to help countries fulfill their climate commitments while increasingly looking to cross-sectoral linkages within and between countries multinational efforts to advance the low-carbon transition taking advantage of synergies and opportunities between countries Strengthen the broader ecosystem of climate philanthropy by leveraging our voice and our agility within and outside philanthropic circles We will remain focused on harnessing government and private industry to reduce emissions and Europe due to their historical and projected emissions as well as their pivotal role in global climate progress We also will support grantees working with critical multilateral institutions like the United Nations to engage the global community And we are prioritizing crosscutting initiatives that can speed up progress across our geographies including investments to overcome barriers to electrification and climate finance and ongoing support for communications to bring critical climate information to the global community We will support grantees seeking to foster collaboration among governments Central to our strategy is also ensuring equitable distribution of opportunities and benefits from this transition because we know that it is crucial to build broad support for ambitious climate solutions over time such as the Global Methane Hub and Invest in Our Future initiative highlight the power of partnerships and collective action Recognizing the interconnected nature of climate challenges we will continue to prioritize collaboration and coordination in philanthropy as a cornerstone of our updated strategy We know our partners are navigating an increasingly difficult landscape with constraints ranging from legal obstacles and polarization to global tensions and mis- and disinformation Our flexible approach will allow us to address emerging needs effectively ensuring our strategy remains adaptable and impactful We at the Hewlett Foundation remain deeply committed to the work of moving toward a more equitable and hope our refreshed strategy can contribute to the necessary transformative The Institute for Learning at Pitt’s Learning Research and Development Center (LRDC) has received a $1 million grant from the Hewlett Foundation The Hewlett award will fund an 18-month planning grant for the institute and nonprofit collaborator TNTP (formerly The New Teacher Project) to study the establishment of cross-school networked improvement communities to work on specific problems of practice The institute’s impact has been accelerated in recent years by its use of network improvement communities in which researchers use principles of improvement science to develop refine and share promising instructional routines across membership director and Pitt professor of education and English; Sara DeMartino They will use student-centered practices to pilot test networks in partnership districts then develop a district-specific playbook to use across school networks as form of professional development for teachers and leaders The Institute for Learning is the LRDC’s practice arm bridging the historical gap between research and practice the institute has worked in more than 100 urban districts across the country Fellows work on-site and online to conduct seminars on learning and professional development provide tools for analyzing classroom practice and run programs for school principals learning to function as instructional leaders