Hohimer Wealth Management LLC Purchases 39,520 Shares of Hewlett Packard Enterprise Company $HPE

Hohimer Wealth Management LLC raised its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 31.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 163,546 shares of the technology company’s stock after acquiring an additional 39,520 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Hewlett Packard Enterprise were worth $4,017,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Bleakley Financial Group LLC increased its position in Hewlett Packard Enterprise by 1.0% during the 3rd quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after purchasing an additional 439 shares during the period. Spire Wealth Management increased its position in Hewlett Packard Enterprise by 7.1% during the 3rd quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock valued at $164,000 after buying an additional 445 shares in the last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of Hewlett Packard Enterprise by 11.1% during the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock valued at $100,000 after acquiring an additional 489 shares in the last quarter. Western Wealth Management LLC increased its stake in Hewlett Packard Enterprise by 3.3% during the 3rd quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock valued at $375,000 after purchasing an additional 489 shares in the last quarter. Finally, Trust Co. of Vermont increased its position in shares of Hewlett Packard Enterprise by 6.4% during the third quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock valued at $217,000 after acquiring an additional 533 shares in the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hewlett Packard Enterprise

In related news, EVP Maeve C. Culloty sold 35,958 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total value of $886,724.28. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Kirt P. Karros sold 36,460 shares of the stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total value of $897,280.60. Following the transaction, the senior vice president directly owned 18,785 shares in the company, valued at $462,298.85. The trade was a 66.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 585,537 shares of company stock valued at $14,255,864 in the last ninety days. Corporate insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on HPE shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Morgan Stanley decreased their target price on shares of Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 18th. Argus boosted their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $25.29.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $20.84 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 firm has a market capitalization of $27.69 billion, a PE ratio of -347.28, a price-to-earnings-growth ratio of 0.57 and a beta of 1.33. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44. The firm has a 50-day moving average price of $22.51 and a 200-day moving average price of $23.05.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.91 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. 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, equities research analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were given a $0.1425 dividend. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.57 annualized dividend and a yield of 2.7%. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.

Hewlett Packard Enterprise 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.