Hewlett Packard Enterprise Company $HPE Shares Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. raised its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 9.5% during the third quarter, Holdings Channel reports. The firm owned 237,679 shares of the technology company’s stock after buying an additional 20,658 shares during the period. Rakuten Investment Management Inc.’s holdings in Hewlett Packard Enterprise were worth $14,615,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Provenance Wealth Advisors LLC lifted its holdings in Hewlett Packard Enterprise by 9,540.0% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 2,892 shares of the technology company’s stock valued at $185,000 after purchasing an additional 2,862 shares during the last quarter. Integras Partners LLC acquired a new position in Hewlett Packard Enterprise in the third quarter worth $243,000. Putney Financial Group LLC bought a new stake in shares of Hewlett Packard Enterprise during the third quarter worth $51,000. First Nebraska Trust Co acquired a new position in Hewlett Packard Enterprise during the 3rd quarter worth about $5,994,000. Finally, IPG Investment Advisors LLC bought a new stake in Hewlett Packard Enterprise during the 3rd quarter worth about $475,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on HPE shares. Raymond James Financial raised their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Argus reaffirmed a “buy” rating and issued a $70.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price objective on the stock. JPMorgan Chase & Co. increased their price target on Hewlett Packard Enterprise from $68.00 to $70.00 in a research note on Tuesday, August 25th. Finally, Barclays lowered Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $83.00 to $77.00 in a research note on Wednesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.44.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, EVP Rami Rahim sold 34,456 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the transaction, the executive vice president owned 875,133 shares in the company, valued at $53,750,668.86. The trade was a 3.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 250,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at $86,573,832.92. The trade was 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 a total of 585,899 shares of company stock worth $37,270,329 over the last 90 days. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise News Roundup

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: Zacks included HPE on its Strong Buy, value, momentum and income-stock lists. Separate coverage also said the company has factors that could support another earnings beat. New Strong Buy Stocks for November 3rd Will HPE Beat Estimates Again?
• Positive Sentiment: Recent investor commentary points to AI networking as a potential growth driver that could reshape HPE’s earnings story. CEO commentary that HPE has “zero exposure” to AI’s financing web may also help allay concerns about financing risks in the sector. Networking Is Changing The Earnings Story HPE CEO on AI financing exposure
• Negative Sentiment: The clearest near-term headwind was a broad retreat in AI infrastructure stocks. Reports cited worries about server makers’ margins and voter opposition to data-center projects; HPE fell alongside Dell and Super Micro, suggesting sector sentiment—not company-specific news—was weighing on shares. AI server stocks pressured by margin worries and data-center backlash

Hewlett Packard Enterprise Trading Down 5.8%

HPE opened at $50.02 on Thursday. The stock has a market capitalization of $66.41 billion, a P/E ratio of 26.05, a P/E/G ratio of 0.34 and a beta of 1.46. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $73.56. The firm’s fifty day simple moving average is $59.61 and its 200 day simple moving average is $41.15.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. Hewlett Packard Enterprise’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period last year, the company earned $0.44 earnings per share. 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, research analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is currently 29.69%.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.