Mizuho Markets Cayman LP Sells 5,144,345 Shares of Hewlett Packard Enterprise Company $HPE

Mizuho Markets Cayman LP decreased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPEFree Report) by 99.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,350 shares of the technology company’s stock after selling 5,144,345 shares during the period. Mizuho Markets Cayman LP’s holdings in Hewlett Packard Enterprise were worth $598,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TFC Financial Management Inc. lifted its position in Hewlett Packard Enterprise by 2,694.4% in the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after buying an additional 970 shares during the last quarter. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise during the second quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 176.7% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after acquiring an additional 666 shares in the last quarter. Chilton Capital Management LLC bought a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter worth approximately $30,000. Finally, Clearstead Trust LLC lifted its holdings in shares of Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after acquiring an additional 625 shares during the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Hewlett Packard Enterprise

In other news, 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 transaction of $647,931.93. Following the transaction, the chief executive officer directly owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. The trade was a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the transaction, the senior vice president owned 18,785 shares of the company’s stock, valued at approximately $462,298.85. This represents a 66.00% decrease in their position. The SEC filing for this sale provides additional information. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Trading Up 1.3%

Shares of HPE opened at $21.86 on Tuesday. The firm has a fifty day simple moving average of $21.86 and a two-hundred day simple moving average of $23.05. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The stock has a market capitalization of $29.00 billion, a P/E ratio of -115.04, a PEG ratio of 0.56 and a beta of 1.31. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last posted its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. Hewlett Packard Enterprise’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th will be issued a $0.1425 dividend. 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 dividend payout ratio (DPR) is -300.00%.

Hewlett Packard Enterprise News Roundup

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on HPE. The Goldman Sachs Group initiated coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They set a “buy” rating and a $31.00 target price on the stock. Morgan Stanley boosted 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 research note on Tuesday, March 10th. Citigroup upped their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Bank of America lifted their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Finally, Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $26.50.

View Our Latest Stock Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Profile

(Free Report)

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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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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