Y Intercept Hong Kong Ltd cut its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 20.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 97,651 shares of the technology company’s stock after selling 25,692 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Hewlett Packard Enterprise were worth $2,398,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Mcintyre Freedman & Flynn Investment Advisers Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 743.7% during the 2nd quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock valued at $3,149,000 after purchasing an additional 135,725 shares during the last quarter. Caxton Associates LLP raised its position in Hewlett Packard Enterprise by 106.8% in the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after purchasing an additional 92,438 shares during the period. Shell Asset Management Co. lifted its holdings in Hewlett Packard Enterprise by 42.4% during the 2nd quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock worth $2,388,000 after buying an additional 34,801 shares during the last quarter. Swiss National Bank raised its stake in Hewlett Packard Enterprise by 7.2% during the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock valued at $81,315,000 after acquiring an additional 266,600 shares during the last quarter. Finally, MUFG Securities EMEA plc boosted its holdings in Hewlett Packard Enterprise by 80.3% during the second quarter. MUFG Securities EMEA plc now owns 1,122,999 shares of the technology company’s stock worth $22,965,000 after buying an additional 499,999 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.
Insider Activity
In other news, EVP Maeve C. Culloty sold 35,958 shares of Hewlett Packard Enterprise stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total transaction of $886,724.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Kirt P. Karros sold 36,460 shares of the firm’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the sale, the senior vice president directly owned 18,785 shares in the company, valued at approximately $462,298.85. This trade represents a 66.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 585,537 shares of company stock worth $14,255,864. Company insiders own 0.36% of the company’s stock.
Hewlett Packard Enterprise Trading Up 0.1%
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. Hewlett Packard Enterprise’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.
Hewlett Packard Enterprise Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were issued a $0.1425 dividend. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.57 annualized dividend and a yield of 2.6%. Hewlett Packard Enterprise’s payout ratio is -950.00%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on HPE shares. Morgan Stanley restated an “equal weight” rating and issued a $25.00 target price (down from $28.00) on shares of Hewlett Packard Enterprise in a report on Monday, November 17th. UBS Group upped their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. The Goldman Sachs Group assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Citigroup upped their price target on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Finally, Barclays lifted their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Hold” and a consensus target price of $25.53.
Get Our Latest Stock Report on Hewlett Packard Enterprise
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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