Chevy Chase Trust Holdings LLC reduced its stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 3.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 672,037 shares of the technology company’s stock after selling 24,038 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Hewlett Packard Enterprise were worth $16,505,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. TFC Financial Management Inc. boosted its position in shares of Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after purchasing an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Hewlett Packard Enterprise by 176.7% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after buying an additional 666 shares during the period. Chilton Capital Management LLC acquired a new position in Hewlett Packard Enterprise during the 3rd quarter worth approximately $30,000. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise in the second quarter worth approximately $26,000. Finally, Clearstead Trust LLC boosted its holdings in Hewlett Packard Enterprise by 93.8% in the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after acquiring an additional 625 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.
Key Hewlett Packard Enterprise News
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: Morgan Stanley raised its price target on HPE to $25, signaling analyst conviction that HPE’s outlook and AI exposure justify higher valuation. Morgan Stanley bullish on Hewlett Packard Enterprise Company (HPE) with increased price target of $25
- Positive Sentiment: HPE expanded its NVIDIA AI Computing by HPE portfolio — delivering integrated, validated systems aimed at speeding AI time-to-value while addressing scale, security and governance (a direct revenue play into AI infrastructure demand). HPE Accelerates Secure, Scalable Production-ready AI Through New Innovations With NVIDIA
- Positive Sentiment: HPE won/announced sovereign AI systems deals and will supply liquid-cooled AI infrastructure for national research centers (Argonne, HLRS), strengthening longer-term, high-value public-sector and research bookings. HPE Drives Sovereign AI Leadership With Advanced Systems at National Research Centers: HLRS and Argonne National Laboratory
- Positive Sentiment: HPE unveiled next‑generation AI factory and supercomputing solutions with NVIDIA (full-stack compute, GPUs, networking, cooling, software, services), reinforcing its addressable market in at‑scale AI deployments. HPE Unveils Next-Generation-AI-Factory-and-Supercomputing-Advancements-with-NVIDIA
- Positive Sentiment: Q1 FY2026 results beat on EPS, delivered high‑end revenue growth (+18% YoY) and management raised full‑year guidance — concrete fundamentals that underpin the bullish trading. HPE (HPE) Q1 2026 Earnings Call Transcript
- Positive Sentiment: Retail/idea coverage highlights HPE as an inexpensive name favored by some money managers/billionaire-watch lists, which can attract bargain-hunting flows. 5 Best Very Cheap Stocks to Buy According to Billionaires
- Neutral Sentiment: Analyst pieces and comparisons (e.g., versus other enterprise storage and hybrid-cloud peers) outline competitive dynamics — useful context but not immediate stock-moving news. Everpure vs. HPE: Which Enterprise Storage Stock is the Better Buy?
- Neutral Sentiment: Deep-dive pieces on international revenue trends and market exposures provide analyst-level nuance on where HPE might accelerate or lag globally — watch for region-specific booking trends. Deciphering Hewlett Packard Enterprise (HPE) International Revenue Trends
- Neutral Sentiment: Coverage noting HPE’s improved earnings story also flags memory supply constraints that could cap server growth — a risk to monitor but currently outweighed by AI demand and guidance. How HPE’s Earnings Hike Amid AI Demand And Supply Constraints Has Changed Its Investment Story (HPE)
Hewlett Packard Enterprise Stock Up 1.3%
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.Hewlett Packard Enterprise’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. On average, sell-side 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 declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be issued a dividend of $0.1425 per share. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 2.6%. Hewlett Packard Enterprise’s payout ratio is -300.00%.
Insider Transactions at Hewlett Packard Enterprise
In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total transaction of $897,280.60. Following the transaction, the senior vice president 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 the SEC website. Also, CEO Antonio F. Neri sold 26,457 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $24.49, for a total value 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. The trade was a 1.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.44% of the company’s stock.
Wall Street Analysts Forecast Growth
HPE has been the subject of several recent research reports. Citigroup boosted their price objective on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a “buy” rating in a report on Wednesday, March 11th. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Saturday. Bank of America boosted their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Finally, The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.50.
Get Our Latest Stock Analysis on HPE
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.
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