Assetmark Inc. Has $3.85 Million Stake in Hewlett Packard Enterprise Company $HPE

Assetmark Inc. raised its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 45.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 156,870 shares of the technology company’s stock after buying an additional 48,758 shares during the period. Assetmark Inc.’s holdings in Hewlett Packard Enterprise were worth $3,853,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Empowered Funds LLC increased its position in shares of Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after acquiring an additional 113,906 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after purchasing an additional 1,377 shares in the last quarter. IFP Advisors Inc increased its position in shares of Hewlett Packard Enterprise by 48.4% during the 2nd quarter. IFP Advisors Inc now owns 3,283 shares of the technology company’s stock worth $67,000 after purchasing an additional 1,071 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $2,419,000. Finally, DekaBank Deutsche Girozentrale boosted its holdings in shares of Hewlett Packard Enterprise by 2.6% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 1,032,693 shares of the technology company’s stock valued at $21,918,000 after buying an additional 26,395 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HPE. Citigroup lowered their target price on shares of Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Tuesday. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Argus lifted their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $25.00 price target (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average price target of $25.41.

Hewlett Packard Enterprise Price Performance

NYSE:HPE opened at $21.96 on Wednesday. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The firm’s 50-day simple moving average is $22.98 and its 200 day simple moving average is $23.06. The firm has a market cap of $29.18 billion, a price-to-earnings ratio of -365.94, a P/E/G ratio of 0.62 and a beta of 1.33.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same quarter in the prior year, the business posted $0.58 EPS. The business’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. As a group, sell-side 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 disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were given a dividend of $0.1425 per share. The ex-dividend date was Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.6%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio is currently -950.00%.

Insiders Place Their Bets

In related news, SVP Jeremy Cox sold 13,463 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.68, for a total transaction of $332,266.84. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Fidelma Russo sold 126,512 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the transaction, the executive vice president owned 51,002 shares of the company’s stock, valued at approximately $1,255,159.22. This represents a 71.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 585,537 shares of company stock valued at $14,255,864 over the last ninety days. 0.36% of the stock is owned by insiders.

Hewlett Packard Enterprise Profile

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.