Ionic Capital Management LLC Makes New $1.40 Million Investment in Hewlett Packard Enterprise Company $HPE

Ionic Capital Management LLC bought a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the 3rd quarter, Holdings Channel reports. The firm bought 57,000 shares of the technology company’s stock, valued at approximately $1,400,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. TFC Financial Management Inc. increased its stake in Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after acquiring an additional 970 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Hewlett Packard Enterprise by 176.7% during the third 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 stake in shares of Hewlett Packard Enterprise during the second quarter valued at about $26,000. Chilton Capital Management LLC purchased a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at approximately $30,000. Finally, Clearstead Trust LLC lifted 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 worth $32,000 after acquiring an additional 625 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total value of $647,931.93. Following the completion of the sale, the chief executive officer directly owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the firm’s stock in a transaction dated 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 approximately $462,298.85. This represents a 66.00% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock opened at $21.60 on Monday. The stock’s 50-day moving average is $21.91 and its two-hundred day moving average is $23.05. 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 1 year low of $11.97 and a 1 year high of $26.44. The firm has a market cap of $28.65 billion, a price-to-earnings ratio of -113.66, a PEG ratio of 0.56 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 EPS. 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. Analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be paid a dividend of $0.1425 per share. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.

Analyst Ratings Changes

HPE has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Argus boosted their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Citigroup raised their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a “buy” rating in a report on Wednesday, March 11th. Finally, Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and a consensus target price of $26.50.

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.