Curated Wealth Partners LLC bought a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 14,815 shares of the technology company’s stock, valued at approximately $947,000.
A number of other hedge funds have also recently modified their holdings of HPE. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter worth approximately $1,027,139,000. Primecap Management Co. CA bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $773,225,000. Elliott Investment Management L.P. boosted its holdings in Hewlett Packard Enterprise by 47.2% during the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after acquiring an additional 8,790,757 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Hewlett Packard Enterprise by 6.1% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock valued at $590,435,000 after acquiring an additional 756,972 shares during the period. Finally, Legal & General Group Plc purchased a new position in Hewlett Packard Enterprise during the 2nd quarter valued at $512,721,000. Institutional investors own 80.78% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on HPE shares. Evercore upped their price objective on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft initiated coverage on Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a “buy” rating and a $62.00 target price for the company. Morgan Stanley lifted their target price on Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, October 1st. The Goldman Sachs Group boosted their target price on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Finally, Truist Financial restated a “buy” rating and issued a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.44.
Check Out Our Latest Stock Analysis on Hewlett Packard Enterprise
Hewlett Packard Enterprise Price Performance
Shares of HPE stock opened at $58.71 on Friday. The company has a market capitalization of $77.94 billion, a P/E ratio of 30.58, a P/E/G ratio of 0.56 and a beta of 1.39. The company’s 50-day simple moving average is $59.30 and its two-hundred day simple moving average is $46.26. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the previous year, the firm posted $0.44 earnings per share. The company’s revenue was up 33.7% on a year-over-year basis. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. As a group, equities analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.
Hewlett Packard Enterprise Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.
Insiders Place Their Bets
In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director directly owned 65,072 shares in the company, valued at $3,703,247.52. This trade represents a 20.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction on Friday, September 11th. The shares were sold at an average price of $60.44, for a total value of $15,110,000.00. Following the sale, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 551,456 shares of company stock worth $35,271,258 in the last ninety days. 0.44% of the stock is owned by company insiders.
Key Hewlett Packard Enterprise News
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE plans to invest $75 million to expand its Chippewa Falls, Wisconsin, operations and add approximately 75 jobs. The project supports the company’s regional infrastructure and manufacturing footprint, although its near-term financial impact is likely limited. HPE Chippewa Falls expansion
- Positive Sentiment: Daiwa upgraded HPE to Outperform, providing a counterpoint to the more cautious analyst view and signaling continued confidence in the company’s longer-term prospects. Daiwa upgrades HPE
- Neutral Sentiment: HPE recently reported record quarterly revenue, orders and backlog, citing demand for traditional servers, AI systems and networking, as well as higher server prices. Those results offer fundamental support but are being weighed against concerns about how sustainable the growth rate will be. HPE demand and server pricing analysis
- Negative Sentiment: Barclays downgraded HPE from Overweight to Equal Weight and lowered its price target from $83 to $77. The firm cited elevated valuation and a lack of a meaningful AI-driven growth inflection, placing pressure on HPE and other server makers. Barclays downgrades HPE
- Negative Sentiment: Investors also remain concerned that enterprise customers may delay or moderate AI hardware purchases. The broader selloff in Dell, NetApp and Super Micro reinforced worries about server demand, revenue timing and near-term industry momentum. Hardware stocks fall on AI spending concerns
About Hewlett Packard Enterprise
Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.
HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.
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