Paradigm Capital Management LLC NV acquired a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 24,850 shares of the technology company’s stock, valued at approximately $597,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Hewlett Packard Enterprise by 176.7% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after acquiring an additional 666 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $26,000. Chilton Capital Management LLC acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter valued at about $30,000. Clearstead Trust LLC boosted its holdings in shares of Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after purchasing an additional 625 shares during the last quarter. Finally, Thompson Investment Management Inc. acquired a new position in shares of Hewlett Packard Enterprise in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 80.78% of the company’s stock.
Analyst Ratings Changes
HPE has been the topic of a number of research analyst reports. Morgan Stanley lifted their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, March 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Truist Financial started coverage on Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They set a “buy” rating and a $31.00 price target for the company. Wall Street Zen lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Raymond James Financial restated an “outperform” rating and set a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and an average target price of $27.41.
Hewlett Packard Enterprise Trading Down 0.4%
NYSE:HPE opened at $32.95 on Tuesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. Hewlett Packard Enterprise Company has a one year low of $17.02 and a one year high of $34.69. The business’s 50-day simple moving average is $25.95 and its 200 day simple moving average is $23.80. The stock has a market cap of $43.72 billion, a price-to-earnings ratio of -173.44, a price-to-earnings-growth ratio of 0.85 and a beta of 1.28.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business had revenue of $9.30 billion for the quarter, compared to analysts’ expectations of $9.31 billion. During the same quarter in the previous year, the firm posted $0.49 earnings per share. The company’s revenue was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, sell-side analysts predict that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current fiscal year.
Hewlett Packard Enterprise Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.7%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -300.00%.
Insider Buying and Selling at Hewlett Packard Enterprise
In other news, Director Bethany Mayer sold 6,482 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total value of $188,626.20. Following the sale, the director owned 8,018 shares in the company, valued at approximately $233,323.80. This represents a 44.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the completion of the sale, the chief financial officer owned 204,754 shares in the company, valued at approximately $6,144,667.54. This trade represents a 31.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 702,402 shares of company stock valued at $18,440,171. Corporate insiders own 0.44% of the company’s stock.
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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