Robeco Institutional Asset Management B.V. trimmed its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 14.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,037,874 shares of the technology company’s stock after selling 177,180 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Hewlett Packard Enterprise were worth $25,490,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Headlands Technologies LLC purchased a new position in shares of Hewlett Packard Enterprise during the second quarter valued at $26,000. CVA Family Office LLC boosted its position in Hewlett Packard Enterprise by 126.7% during the 2nd quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after acquiring an additional 803 shares during the period. Hantz Financial Services Inc. grew its stake in Hewlett Packard Enterprise by 74.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,611 shares of the technology company’s stock valued at $33,000 after acquiring an additional 687 shares in the last quarter. Hilltop National Bank acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $35,000. Finally, Corsicana & Co. purchased a new stake in shares of Hewlett Packard Enterprise in the third quarter worth approximately $41,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Analyst Ratings Changes
A number of research analysts recently commented on HPE shares. Morgan Stanley reaffirmed an “equal weight” rating and set a $25.00 price objective (down from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Barclays lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Argus upped their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, The Goldman Sachs Group upped their target price on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.53.
Insider Activity
In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 13,463 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $24.68, for a total transaction of $332,266.84. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Maeve C. Culloty sold 35,958 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total transaction of $886,724.28. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 585,537 shares of company stock valued at $14,255,864. Insiders own 0.36% of the company’s stock.
Hewlett Packard Enterprise Trading Down 1.7%
Shares of NYSE:HPE opened at $22.05 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $29.43 billion, a PE ratio of -367.47, a P/E/G ratio of 0.62 and a beta of 1.32. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The firm has a fifty day moving average price of $23.19 and a 200 day moving average price of $22.67.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same period last year, the company earned $0.58 earnings per share. The business’s revenue was up 14.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Analysts expect that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.
Hewlett Packard Enterprise Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, December 19th will be issued a $0.1425 dividend. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. This represents a $0.57 annualized dividend and a yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.
Hewlett Packard Enterprise Company Profile
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.
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