Hewlett Packard Enterprise Company $HPE Shares Purchased by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. lifted its holdings in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 2.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 816,409 shares of the technology company’s stock after buying an additional 18,181 shares during the period. Eurizon Capital SGR S.p.A. owned approximately 0.06% of Hewlett Packard Enterprise worth $52,038,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HPE. Delos Wealth Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter worth $27,000. First Bancorp Inc ME purchased a new position in Hewlett Packard Enterprise in the 2nd quarter worth approximately $30,000. Triumph Capital Management lifted its holdings in shares of Hewlett Packard Enterprise by 208.6% during the 3rd quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock worth $30,000 after acquiring an additional 315 shares during the last quarter. Ramsey Quantitative Systems bought a new stake in Hewlett Packard Enterprise during the third quarter worth about $31,000. Finally, Three Bridge Wealth Advisors LLC bought a new position in shares of Hewlett Packard Enterprise during the 3rd quarter valued at $32,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Hewlett Packard Enterprise

Here are a few of the latest stories about HPE:

Insider Buying and Selling

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HPE shares. Barclays lowered Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $83.00 to $77.00 in a research note on Wednesday, October 14th. 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. Weiss Ratings lowered Hewlett Packard Enterprise from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Argus reaffirmed a “buy” rating and issued a $70.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, September 4th. Finally, JPMorgan Chase & Co. increased their price target on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a research note on Tuesday, August 25th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and a consensus target price of $65.44.

Check Out Our Latest Stock Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Price Performance

Shares of Hewlett Packard Enterprise stock opened at $48.21 on Friday. The stock has a market cap of $64.00 billion, a P/E ratio of 25.11, a P/E/G ratio of 0.33 and a beta of 1.46. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The stock’s fifty day moving average is $58.85 and its 200 day moving average is $42.08. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the firm posted $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. Sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

Hewlett Packard Enterprise Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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