Hewlett Packard Enterprise Company $HPE Stock Holdings Decreased by Ellevest Inc.

Ellevest Inc. lessened its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 12.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,496 shares of the technology company’s stock after selling 2,574 shares during the quarter. Ellevest Inc.’s holdings in Hewlett Packard Enterprise were worth $358,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its stake 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 valued at $2,579,896,000 after buying an additional 2,779,446 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Hewlett Packard Enterprise by 15.6% in the 1st 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 valued at $271,333,000 after acquiring an additional 2,373,850 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Hewlett Packard Enterprise by 3.4% in the 1st quarter. Northern Trust Corp now owns 16,730,015 shares of the technology company’s stock valued at $258,144,000 after acquiring an additional 545,775 shares during the last quarter. National Bank of Canada FI raised its position in shares of Hewlett Packard Enterprise by 1,369.1% during the 1st quarter. National Bank of Canada FI now owns 16,279,442 shares of the technology company’s stock valued at $251,192,000 after acquiring an additional 15,171,314 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in Hewlett Packard Enterprise by 45.6% in 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. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Performance

HPE opened at $23.44 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.69 and a debt-to-equity ratio of 0.69. The business’s 50 day moving average is $24.15 and its 200-day moving average is $20.84. The stock has a market cap of $30.93 billion, a PE ratio of 28.59, a price-to-earnings-growth ratio of 1.33 and a beta of 1.43. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Wednesday, September 3rd. The technology company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.09). Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $8.77 billion. During the same quarter in the prior year, the business earned $0.50 earnings per share. The firm’s revenue was up 19.8% compared to the same quarter last year. 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, analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current 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. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.52 annualized dividend and a yield of 2.2%. Hewlett Packard Enterprise’s dividend payout ratio is presently 63.41%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. UBS Group increased their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Sanford C. Bernstein started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, September 16th. They set a “market perform” rating and a $24.00 price objective on the stock. Barclays raised their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Morgan Stanley raised Hewlett Packard Enterprise from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $22.00 to $28.00 in a report on Thursday, August 21st. Finally, Citigroup raised their price target on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $25.41.

Insider Activity at Hewlett Packard Enterprise

In other news, Director Gary M. Reiner sold 40,000 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $24.58, for a total value of $983,200.00. Following the completion of the transaction, the director directly owned 83,869 shares in the company, valued at $2,061,500.02. This trade represents a 32.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Maeve C. Culloty sold 3,738 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total transaction of $93,898.56. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 543,738 shares of company stock worth $12,922,932 in the last 90 days. Corporate insiders own 0.36% of the company’s stock.

About Hewlett Packard Enterprise

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.