Nilsine Partners LLC acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 41,938 shares of the technology company’s stock, valued at approximately $1,892,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Saudi Central Bank lifted its position in Hewlett Packard Enterprise by 88.6% in the 2nd quarter. Saudi Central Bank now owns 92,880 shares of the technology company’s stock valued at $4,190,000 after acquiring an additional 43,621 shares in the last quarter. Angeles Wealth Management LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $235,000. Compass Financial Management LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $63,000. AlphaGrep UK Ltd bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $441,000. Finally, Highland Investment Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the second quarter worth about $94,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Hewlett Packard Enterprise
In other news, SVP Kirt Karros sold 18,785 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total value of $911,072.50. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by company insiders.
Hewlett Packard Enterprise Stock Performance
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the firm posted $0.44 EPS. The company’s quarterly 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. On average, equities research analysts expect that Hewlett Packard Enterprise Company will post 3.03 earnings per share for the current year.
Hewlett Packard Enterprise Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be issued a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is currently 29.69%.
Analysts Set New Price Targets
Several equities research analysts have commented on HPE shares. Weiss Ratings upgraded Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. Wells Fargo & Company decreased their price target on shares of Hewlett Packard Enterprise from $67.00 to $54.00 and set an “equal weight” rating for the company in a research note on Thursday. UBS Group lowered their price objective on shares of Hewlett Packard Enterprise from $65.00 to $59.00 and set a “neutral” rating on the stock in a report on Thursday. Sanford C. Bernstein increased their target price on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a report on Tuesday, June 2nd. Finally, Loop Capital raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and raised their target price for the company from $23.00 to $75.00 in a research report on Tuesday, June 2nd. Twelve analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and an average price target of $69.44.
Read Our Latest Stock Analysis on HPE
Trending Headlines about Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
- Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
- Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
- Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
- Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?
About Hewlett Packard Enterprise
Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.
A major focus for HPE is hybrid cloud and consumption-based IT.
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