Kendall Capital Management Acquires 33,600 Shares of Hewlett Packard Enterprise Company $HPE

Kendall Capital Management grew its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 15.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 248,379 shares of the technology company’s stock after purchasing an additional 33,600 shares during the quarter. Hewlett Packard Enterprise makes up about 1.4% of Kendall Capital Management’s portfolio, making the stock its 15th largest position. Kendall Capital Management’s holdings in Hewlett Packard Enterprise were worth $6,100,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bleakley Financial Group LLC grew its holdings in Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock worth $1,045,000 after purchasing an additional 439 shares during the period. Spire Wealth Management grew its stake in shares of Hewlett Packard Enterprise by 7.1% in the 3rd quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock worth $164,000 after acquiring an additional 445 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in Hewlett Packard Enterprise by 11.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock valued at $100,000 after buying an additional 489 shares during the last quarter. Western Wealth Management LLC increased its position in shares of Hewlett Packard Enterprise by 3.3% during the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock valued at $375,000 after acquiring an additional 489 shares during the last quarter. Finally, Trust Co. of Vermont increased its position in shares of Hewlett Packard Enterprise by 6.4% during the 3rd quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock valued at $217,000 after purchasing an additional 533 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Buying and Selling

In other news, EVP Fidelma Russo sold 126,512 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the completion of the sale, the executive vice president owned 51,002 shares of the company’s stock, valued at $1,255,159.22. This represents a 71.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Antonio F. Neri sold 26,457 shares of the stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the transaction, the chief executive officer owned 2,101,761 shares in the company, valued at $51,472,126.89. This trade represents a 1.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 238,850 shares of company stock valued at $5,877,664 in the last 90 days. Insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HPE. Citigroup lowered their target price on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Morgan Stanley increased their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, The Goldman Sachs Group began coverage on Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Hold” and an average price target of $25.82.

Hewlett Packard Enterprise Stock Down 3.3%

HPE stock opened at $21.09 on Wednesday. Hewlett Packard Enterprise Company has a 1-year low of $11.97 and a 1-year high of $26.44. The business has a fifty day moving average price of $22.05 and a 200-day moving average price of $23.08. 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 stock has a market capitalization of $28.03 billion, a P/E ratio of -111.01, a P/E/G ratio of 0.60 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.97%. The firm’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.49 earnings per share. 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. Equities analysts forecast that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is -950.00%.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: Q1 beat and upgraded guidance — HPE topped non‑GAAP EPS estimates and raised FY‑2026 and Q2 guidance, citing strong networking demand and record profitability for the quarter. HPE Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: AI/server and networking momentum — Management flagged sizable orders for AI‑optimized servers (NVIDIA‑based) and continued Juniper integration that is driving networking revenue and higher‑margin sales. This underpins the company’s above‑consensus Q2 revenue outlook. Hewlett Packard Enterprise forecasts revenue will surpass estimates
• Positive Sentiment: Short interest fell materially in February — Short interest declined about 12%, lowering potential downside pressure from short sellers and reducing a near‑term days‑to‑cover metric to ~5 days.
• Positive Sentiment: Analyst price‑target moves — Banks raised price targets (Bank of America to $32 and Morgan Stanley raised its target to $25), reflecting growing conviction in HPE’s AI/networking opportunity and providing upside case support. Tickerreport.com
• Neutral Sentiment: Dividend declared — HPE set a quarterly dividend (record date March 24), which supports income investors but is unlikely to change near‑term growth expectations.
• Neutral Sentiment: Mixed underlying performance — While networking surged, Cloud & AI revenue showed softness and GAAP results differ from non‑GAAP figures, prompting some caution about sustainability of margin gains. HPE reports mixed first quarter results, raises 2026 profit outlook
• Neutral Sentiment: Memory shortages and price actions — Management warns memory tightness will persist; HPE is passing on price increases to customers, which may protect revenue but complicate margin and demand visibility. HPE Stays Ahead of Memory Shortage With Price Hikes — Market Talk
• Negative Sentiment: Security vulnerability disclosed — A critical AOS‑CX flaw that can allow admin password resets was reported; remediation and customer impact will be monitored and could create short‑term reputational or support costs. HPE warns of critical AOS-CX flaw allowing admin password resets

Hewlett Packard Enterprise Company 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.