BI Asset Management Fondsmaeglerselskab A S Decreases Stock Holdings in Hewlett Packard Enterprise Company $HPE

BI Asset Management Fondsmaeglerselskab A S decreased its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 12.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 311,650 shares of the technology company’s stock after selling 42,854 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Hewlett Packard Enterprise were worth $7,654,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Mcintyre Freedman & Flynn Investment Advisers Inc. grew its stake in shares of Hewlett Packard Enterprise by 743.7% in the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock valued at $3,149,000 after buying an additional 135,725 shares in the last quarter. Caxton Associates LLP grew its position in Hewlett Packard Enterprise by 106.8% in the 2nd quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after acquiring an additional 92,438 shares in the last quarter. Shell Asset Management Co. increased its stake in Hewlett Packard Enterprise by 42.4% during the second quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock worth $2,388,000 after purchasing an additional 34,801 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in Hewlett Packard Enterprise during the second quarter worth about $2,522,000. Finally, Swiss National Bank lifted its position in shares of Hewlett Packard Enterprise by 7.2% during the second quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock worth $81,315,000 after purchasing an additional 266,600 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on HPE shares. Barclays upped their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Piper Sandler initiated coverage on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target on the stock. Morgan Stanley restated an “equal weight” rating and set a $25.00 price objective (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Finally, Argus upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. One 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $25.53.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, SVP Kirt P. Karros sold 36,460 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the sale, the senior vice president directly owned 18,785 shares of the company’s stock, valued at $462,298.85. This trade represents a 66.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeremy Cox sold 50,061 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $23.70, for a total value of $1,186,445.70. Following the transaction, the senior vice president directly owned 26,905 shares in the company, valued at $637,648.50. This represents a 65.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 585,537 shares of company stock worth $14,255,864. 0.36% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $22.71 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. The business has a 50 day simple moving average of $22.94 and a 200-day simple moving average of $22.89. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The stock has a market capitalization of $30.30 billion, a PE ratio of -378.35, a price-to-earnings-growth ratio of 0.64 and a beta of 1.33.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The company had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.91 billion. During the same period in the previous year, the company posted $0.58 EPS. Hewlett Packard Enterprise’s revenue was up 14.7% compared to the same quarter last year. 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. Equities analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 2.5%. The ex-dividend date was Friday, December 19th. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is presently -950.00%.

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.