DekaBank Deutsche Girozentrale Acquires 26,395 Shares of Hewlett Packard Enterprise Company $HPE

DekaBank Deutsche Girozentrale increased its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 2.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,032,693 shares of the technology company’s stock after purchasing an additional 26,395 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Hewlett Packard Enterprise were worth $21,918,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HPE. National Bank of Canada FI grew its holdings in Hewlett Packard Enterprise by 1,369.1% during the first quarter. National Bank of Canada FI now owns 16,279,442 shares of the technology company’s stock worth $251,192,000 after purchasing an additional 15,171,314 shares during the period. Assenagon Asset Management S.A. grew its holdings in Hewlett Packard Enterprise by 3,847.1% during the second quarter. Assenagon Asset Management S.A. now owns 8,831,262 shares of the technology company’s stock worth $180,599,000 after purchasing an additional 8,607,523 shares during the period. AQR Capital Management LLC grew its holdings in Hewlett Packard Enterprise by 45.6% during the first quarter. AQR Capital Management LLC now owns 12,521,303 shares of the technology company’s stock worth $193,078,000 after purchasing an additional 3,922,516 shares during the period. Vanguard Group Inc. grew its holdings in Hewlett Packard Enterprise by 1.7% during the first quarter. Vanguard Group Inc. now owns 167,199,996 shares of the technology company’s stock worth $2,579,896,000 after purchasing an additional 2,779,446 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Hewlett Packard Enterprise by 15.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,584,742 shares of the technology company’s stock worth $271,333,000 after acquiring an additional 2,373,850 shares during the period. Institutional investors own 80.78% of the company’s stock.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Maeve C. Culloty sold 3,738 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total transaction of $93,898.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Antonio F. Neri sold 166,666 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the transaction, the chief executive officer directly owned 1,585,726 shares in the company, valued at $39,690,721.78. This trade represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold 543,738 shares of company stock worth $12,922,932 over the last three months. Company insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HPE. Susquehanna boosted their price objective on Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, September 4th. Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, September 2nd. UBS Group lifted their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Evercore ISI lifted their price target on shares of Hewlett Packard Enterprise from $25.00 to $28.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Finally, Citigroup lifted their price target on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average price target of $25.41.

Hewlett Packard Enterprise Stock Down 0.8%

Shares of NYSE:HPE opened at $23.10 on Thursday. The company has a fifty day moving average of $23.72 and a 200-day moving average of $20.05. The company has a market capitalization of $30.47 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 1.73 and a beta of 1.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.69 and a current ratio of 0.95. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Wednesday, September 3rd. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.09). The company had revenue of $9.14 billion for the quarter, compared to analyst estimates of $8.77 billion. Hewlett Packard Enterprise had a return on equity of 9.01% and a net margin of 3.77%.The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the company posted $0.50 earnings per share. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. On average, equities analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 18th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Thursday, September 18th. Hewlett Packard Enterprise’s dividend payout ratio is presently 63.41%.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.