Teacher Retirement System of Texas Cuts Stock Position in Hewlett Packard Enterprise Company $HPE

Teacher Retirement System of Texas decreased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 13.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 171,802 shares of the technology company’s stock after selling 27,591 shares during the period. Teacher Retirement System of Texas’ holdings in Hewlett Packard Enterprise were worth $4,219,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of HPE. Vanguard Group Inc. boosted its stake in Hewlett Packard Enterprise by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 169,804,055 shares of the technology company’s stock worth $3,472,493,000 after purchasing an additional 2,604,059 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Hewlett Packard Enterprise by 2.2% during the second quarter. Geode Capital Management LLC now owns 34,421,976 shares of the technology company’s stock worth $701,864,000 after buying an additional 724,974 shares during the period. Elliott Investment Management L.P. acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $381,004,000. Slate Path Capital LP increased its position in shares of Hewlett Packard Enterprise by 36.2% in the 2nd quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company’s stock valued at $325,078,000 after acquiring an additional 4,221,678 shares during the period. Finally, Schroder Investment Management Group raised its stake in Hewlett Packard Enterprise by 192.4% in the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after acquiring an additional 6,974,083 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price target on the stock. Barclays increased their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Citigroup upped their target price on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Argus raised their target price on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and an average price target of $25.53.

Insider Transactions at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 126,512 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the completion of the transaction, the executive vice president owned 51,002 shares in the company, valued at approximately $1,255,159.22. The trade was a 71.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Maeve C. Culloty sold 35,958 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. The SEC filing for this sale provides additional information. Insiders have sold 585,537 shares of company stock valued at $14,255,864 over the last quarter. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Stock Up 1.2%

HPE stock opened at $21.62 on Wednesday. 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 firm has a 50-day moving average of $22.77 and a two-hundred day moving average of $22.84. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The company has a market cap of $28.85 billion, a price-to-earnings ratio of -360.24, a PEG ratio of 0.59 and a beta of 1.32.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period last year, the company earned $0.58 EPS. 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. As a group, analysts forecast that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were paid a $0.1425 dividend. The ex-dividend date was Friday, December 19th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 annualized dividend and a dividend yield of 2.6%. Hewlett Packard Enterprise’s payout ratio is -950.00%.

About Hewlett Packard Enterprise

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.