17,691 Shares in Hewlett Packard Enterprise Company $HPE Purchased by USA Financial Formulas

USA Financial Formulas purchased a new position in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the third quarter, HoldingsChannel reports. The institutional investor purchased 17,691 shares of the technology company’s stock, valued at approximately $1,130,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kintegral Advisory LLC grew its holdings in shares of Hewlett Packard Enterprise by 0.6% during the third quarter. Kintegral Advisory LLC now owns 108,208 shares of the technology company’s stock valued at $6,929,000 after buying an additional 611 shares during the last quarter. Avail Investment Partners LLC increased its position in shares of Hewlett Packard Enterprise by 2.7% in the 3rd quarter. Avail Investment Partners LLC now owns 11,204 shares of the technology company’s stock valued at $716,000 after acquiring an additional 299 shares during the period. Opal Wealth Advisors LLC purchased a new position in Hewlett Packard Enterprise in the 3rd quarter worth $234,000. Rise Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the 3rd quarter worth about $224,000. Finally, Cyndeo Wealth Partners LLC acquired a new stake in Hewlett Packard Enterprise during the 3rd quarter worth about $269,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 250,000 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $60.44, for a total value of $15,110,000.00. Following the completion of the transaction, the chief executive officer 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 position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director owned 65,072 shares in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 551,456 shares of company stock worth $35,271,258. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

HPE has been the topic of several research analyst reports. The Goldman Sachs Group boosted their price target on Hewlett Packard Enterprise from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Zacks Research upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. Evercore raised their price objective on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the stock an “outperform” rating in a research note on Thursday, October 1st. Daiwa Securities Group raised Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $65.00 to $75.00 in a report on Friday, October 2nd. Finally, Argus reaffirmed a “buy” rating and set a $70.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $65.44.

Read Our Latest Research Report on HPE

More Hewlett Packard Enterprise News

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

  • Positive Sentiment: HPE announced a planned $75 million expansion in Chippewa Falls, Wisconsin, expected to create 75 jobs. The investment supports the company’s manufacturing and infrastructure operations, although its near-term effect on earnings is likely limited. HPE to spend $75M to expand, add 75 jobs in Chippewa Falls
  • Positive Sentiment: Some investors remain constructive because HPE has reported record revenue, orders and backlog, while demand for traditional servers, AI systems and networking—and higher server prices—has supported recent results. HPE stock was also reported to be up substantially for the year before the latest retreat. What Was HPE Telling You Before Its Stock Ran?
  • Neutral Sentiment: ETF selling added to short-term pressure, while some dip buyers are betting that HPE can convert its AI and server orders into revenue. However, the recent decline has raised questions about whether earlier dip-buying strategies will continue to work. ETFs Are Net Sellers of Hewlett Packard Enterprise
  • Negative Sentiment: Barclays downgraded HPE to Equal Weight from Overweight and lowered its price target to $77 from $83. The firm questioned how quickly corporate customers will adopt AI hardware and suggested that memory-component inflation, rather than new AI deployments, may be driving server revenue growth. Why Hewlett Packard Enterprise Stock Is Trading Lower Today
  • Negative Sentiment: Concerns over how customers will finance large AI infrastructure projects have spread across hardware stocks, including HPE, Dell and Super Micro. The resulting sector-wide selling, combined with scrutiny of HPE’s server revenue quality and adoption timeline, drove a roughly 20% decline between October 9 and October 15. AI Financing Worries Extend Hardware Selloff

Hewlett Packard Enterprise Stock Down 5.6%

NYSE:HPE opened at $55.32 on Friday. The firm has a market capitalization of $73.44 billion, a P/E ratio of 28.81, a PEG ratio of 0.49 and a beta of 1.39. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $73.56. The company’s fifty day moving average price is $59.34 and its 200-day moving average price is $46.33. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm’s revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the company posted $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, equities research analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.0%. 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 Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Company (NYSE:HPE – Free Report).

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

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