Swedbank AB Boosts Stake in Hewlett Packard Enterprise Company $HPE

Swedbank AB boosted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 6.1% during the third quarter, Holdings Channel reports. The firm owned 723,489 shares of the technology company’s stock after purchasing an additional 41,793 shares during the quarter. Swedbank AB’s holdings in Hewlett Packard Enterprise were worth $17,769,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at approximately $26,000. CVA Family Office LLC grew its position in shares of 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 valued at $29,000 after acquiring an additional 803 shares during the period. Hantz Financial Services Inc. increased its stake in shares of Hewlett Packard Enterprise by 74.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,611 shares of the technology company’s stock worth $33,000 after purchasing an additional 687 shares in the last quarter. Corsicana & Co. bought a new position in Hewlett Packard Enterprise in the 3rd quarter worth $41,000. Finally, Hilltop National Bank purchased a new position in Hewlett Packard Enterprise during the second quarter valued at $35,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on HPE shares. Raymond James Financial upped their price target on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the stock a “strong-buy” rating in a research report on Thursday, September 4th. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Bank of America upped their price target on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Wells Fargo & Company raised their price objective on shares of Hewlett Packard Enterprise from $22.00 to $26.00 and gave the company an “equal weight” rating in a research report on Thursday, September 4th. Finally, Susquehanna upped their target price on shares of Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, September 4th. One investment 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 stock. According to data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and an average target price of $25.53.

Hewlett Packard Enterprise Stock Up 0.2%

Shares of HPE stock opened at $24.49 on Friday. The company’s fifty day simple moving average is $23.20 and its two-hundred day simple moving average is $22.32. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The stock has a market cap of $32.69 billion, a P/E ratio of -408.17, a PEG ratio of 0.67 and a beta of 1.34. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data 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 for 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 was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. Analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 2.3%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -950.00%.

Insiders Place Their Bets

In other news, EVP John F. Schultz sold 148,501 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $24.99, for a total value of $3,711,039.99. Following the sale, the executive vice president directly owned 248,091 shares in the company, valued at $6,199,794.09. The trade was a 37.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jean M. Hobby sold 29,000 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $23.79, for a total transaction of $689,910.00. Following the completion of the transaction, the director directly owned 32,279 shares of the company’s stock, valued at approximately $767,917.41. The trade was a 47.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 522,620 shares of company stock worth $12,710,652. Insiders own 0.36% of the company’s stock.

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.