Independent Advisor Alliance Purchases 73,545 Shares of Hewlett Packard Enterprise Company $HPE

Posted by Brenda Bartman on May 15th, 2026

Independent Advisor Alliance lifted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 692.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 84,165 shares of the technology company’s stock after acquiring an additional 73,545 shares during the period. Independent Advisor Alliance’s holdings in Hewlett Packard Enterprise were worth $2,022,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of HPE. Jericho Capital Asset Management L.P. purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth about $416,900,000. Holocene Advisors LP purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth about $144,468,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Hewlett Packard Enterprise by 475.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,551,715 shares of the technology company’s stock worth $87,230,000 after acquiring an additional 2,933,972 shares during the last quarter. Ceredex Value Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth about $66,664,000. Finally, Analog Century Management LP purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth about $61,449,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 6.4%

NYSE HPE opened at $34.12 on Friday. The business has a fifty day moving average price of $25.49 and a 200 day moving average price of $23.68. Hewlett Packard Enterprise Company has a one year low of $17.02 and a one year high of $34.70. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. The company has a market cap of $45.27 billion, a P/E ratio of -179.55, a P/E/G ratio of 0.83 and a beta of 1.28.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm’s revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Research analysts anticipate that Hewlett Packard Enterprise Company will post 1.96 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.1425 per share. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.7%. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.

Analyst Upgrades and Downgrades

HPE has been the topic of a number of research analyst reports. Raymond James Financial restated an “outperform” rating and set a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. Morgan Stanley upped their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 10th. Citigroup upped their target price on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Finally, Bank of America upped their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.41.

Get Our Latest Stock Analysis on Hewlett Packard Enterprise

Key Stories Impacting Hewlett Packard Enterprise

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

Positive Sentiment: Citigroup raised its price target on HPE to $39 from $27 and reiterated a buy rating, signaling confidence ahead of earnings and implying meaningful upside from current levels. Benzinga
Positive Sentiment: HPE and Nvidia announced “NVIDIA AI Computing by HPE,” reinforcing HPE’s positioning in AI infrastructure and potentially boosting demand for its servers and related systems. Article
Positive Sentiment: Multiple reports say HPE is rebooting and rebranding its private cloud offerings to address rising virtualization costs, a move that could help it win customers looking for lower-cost alternatives in enterprise IT. Article
Positive Sentiment: News that additional activist investors have taken stakes in HPE has fueled speculation that the company could face pressure to unlock value through strategic changes or operational improvements. Article
Neutral Sentiment: Coverage from Barron’s highlighted HPE’s exposure to networking and servers, two areas benefiting from AI investment, which supports the broader bull case but does not by itself change fundamentals. Article
Neutral Sentiment: HPE also received additional media attention around its private cloud strategy and industry partner recognition, adding to investor sentiment but with limited direct financial impact. Article

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, EVP Neil B. Macdonald sold 112,652 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total transaction of $2,826,438.68. Following the completion of the transaction, the executive vice president directly owned 56,494 shares in the company, valued at $1,417,434.46. This trade represents a 66.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bethany Mayer sold 6,482 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total value of $188,626.20. Following the transaction, the director owned 8,018 shares of the company’s stock, valued at $233,323.80. This trade represents a 44.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 702,402 shares of company stock worth $18,440,171. Insiders own 0.44% of the company’s stock.

About Hewlett Packard Enterprise

(Free Report)

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.