Ellis Investment Partners LLC acquired a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 23,133 shares of the technology company’s stock, valued at approximately $1,478,000.
Other large investors also recently bought and sold shares of the company. Foster Group Inc. lifted its position in shares of Hewlett Packard Enterprise by 2.8% during the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock worth $341,000 after purchasing an additional 146 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock worth $709,000 after buying an additional 212 shares during the period. Sax Wealth Advisors LLC grew its position in shares of Hewlett Packard Enterprise by 2.9% during the 2nd quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock worth $396,000 after buying an additional 244 shares in the last quarter. Avail Investment Partners LLC raised its holdings in shares of Hewlett Packard Enterprise by 2.7% in the third 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 in the last quarter. Finally, Triumph Capital Management grew its holdings in 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 in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on HPE shares. Susquehanna cut their price objective on shares of Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. The Goldman Sachs Group upped their price target on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Wells Fargo & Company upped their price objective on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday, October 1st. Weiss Ratings raised Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 4th. Finally, Evercore raised their target price on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $65.44.
Check Out Our Latest Report on Hewlett Packard Enterprise
Key Stories Impacting Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: AI infrastructure read-through: Super Micro Computer reported preliminary quarterly revenue above its forecast and projected improved gross margins, sending shares sharply higher and lifting other AI-server suppliers, including HPE. The update provides fresh evidence of robust demand for AI computing infrastructure. Super Micro Surges as Preliminary Revenue Tops Guidance
- Positive Sentiment: New AI-focused servers: HPE introduced ProLiant Gen13 systems powered by AMD EPYC processors, targeting AI inference, agentic AI, simulations and other data-intensive workloads. The systems offer greater core density, memory and security features, strengthening HPE’s positioning in higher-value enterprise infrastructure. HPE Gen13 Server Launch
- Positive Sentiment: Customer and strategic validation: The Miami HEAT selected HPE to modernize wireless and wired networking at Kaseya Center, while HPE also plans to deploy its Spaceborne Computer 4 for AI and high-performance computing benchmarks on the Moon. These announcements support HPE’s networking, edge-computing and advanced-computing growth narrative, though their near-term financial impact is likely limited. Miami Heat Selects HPE
- Neutral Sentiment: Mixed investor view: HPE reportedly has a record backlog and strong earnings growth, but recent volatility shows that investors remain focused on whether AI-related demand and spending can be sustained. HPE Growth and Valuation
- Negative Sentiment: Lower analyst price target: Barclays reduced its HPE price target from $83 to $77, signaling more cautious expectations despite the company’s growth prospects. Concerns about valuation and the sustainability of AI spending could limit further upside. Barclays Cuts HPE Price Target
Hewlett Packard Enterprise Trading Up 3.4%
NYSE HPE traded up $1.89 on Wednesday, reaching $57.98. 6,540,168 shares of the company were exchanged, compared to its average volume of 21,285,764. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56. 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 business’s fifty day moving average price is $59.40 and its 200 day moving average price is $46.95. The stock has a market capitalization of $76.96 billion, a P/E ratio of 30.16, a price-to-earnings-growth ratio of 0.50 and a beta of 1.39.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The company 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%. Hewlett Packard Enterprise’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share 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 $0.1425 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.
Insider Transactions at Hewlett Packard Enterprise
In related news, EVP Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the sale, the executive vice president directly owned 875,133 shares in the company, valued at $53,750,668.86. This trade represents a 3.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the transaction, the chief executive officer owned 1,432,393 shares in the company, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 551,456 shares of company stock valued at $35,271,258. 0.44% of the stock is currently owned by corporate insiders.
About Hewlett Packard Enterprise
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.
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