Hewlett Packard Enterprise Company $HPE Stock: Pictet Asset Management Holding SA Increases Stake

Pictet Asset Management Holding SA increased its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 111.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,073,498 shares of the technology company’s stock after acquiring an additional 1,091,369 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Hewlett Packard Enterprise were worth $132,409,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Hewlett Packard Enterprise during the 2nd quarter valued at $1,027,139,000. Primecap Management Co. CA purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $773,225,000. Legal & General Group Plc purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $512,721,000. Elliott Investment Management L.P. lifted its position in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after purchasing an additional 8,790,757 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $322,718,000. Institutional investors own 80.78% of the company’s stock.

Insider Buying and Selling

In related news, EVP Rami Rahim sold 34,443 shares of the business’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the sale, the executive vice president owned 840,690 shares of the company’s stock, valued at $48,793,647.60. The trade was a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the completion of the sale, the chief executive officer owned 1,182,393 shares in the company, valued at approximately $80,769,265.83. This trade represents a 17.45% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 585,899 shares of company stock valued at $37,270,329 over the last quarter. Corporate insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $65.00 to $75.00 in a research report on Friday, October 2nd. Susquehanna decreased their price target on shares of Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Friday, September 4th. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 4th. Citigroup lifted their price objective on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, October 1st. Finally, UBS Group increased their target price on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a “neutral” rating in a research report on Thursday, October 1st. Two 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.44.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE’s networking rollout connects EdgeConnect with Mist and Aruba Central, bringing security, wired and wireless management into a unified, increasingly automated platform. This could strengthen its networking offering, though the article does not report financial results from the rollout. HPE networking rollout and valuation
• Positive Sentiment: HPE shares participated in a partial recovery among AI-server stocks after the group’s post-midterm sell-off. The rebound suggests some buyers returned to the sector, although trading across the group remains volatile. AI-server stocks rebound
• Neutral Sentiment: Valuation articles argue HPE may be substantially undervalued following its pullback and raised outlook. These are analyst-style assessments, not new company results or guarantees of a recovery. HPE valuation commentary
• Negative Sentiment: Super Micro Computer’s collaboration with NVIDIA adds to competition in AI servers, a key growth market for HPE. Its new GPU, cooling and rack-scale offerings could challenge HPE and other rivals. Super Micro and NVIDIA collaboration

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock opened at $44.73 on Monday. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $59.38 billion, a P/E ratio of 23.30, a P/E/G ratio of 0.29 and a beta of 1.46. The business has a fifty day simple moving average of $59.20 and a two-hundred day simple moving average of $41.39. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The firm had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company’s revenue was up 33.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 EPS. 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. On average, equities analysts forecast that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 29.69%.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing.

HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.