Hewlett Packard Enterprise Company $HPE Shares Purchased by ARS Investment Partners LLC

ARS Investment Partners LLC boosted its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 288,794 shares of the technology company’s stock after purchasing an additional 18,792 shares during the quarter. ARS Investment Partners LLC’s holdings in Hewlett Packard Enterprise were worth $6,937,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC raised its stake in Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after purchasing an additional 666 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at $26,000. Chilton Capital Management LLC purchased a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at $30,000. Clearstead Trust LLC grew its holdings in Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after buying an additional 625 shares in the last quarter. Finally, Thompson Investment Management Inc. purchased a new stake in Hewlett Packard Enterprise in the 4th quarter valued at $34,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 112,652 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total value of $2,826,438.68. Following the completion of the transaction, the executive vice president directly owned 56,494 shares of the company’s stock, valued at $1,417,434.46. The trade was a 66.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bethany Mayer sold 6,482 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total transaction of $188,626.20. Following the sale, the director owned 8,018 shares in the company, valued at $233,323.80. This trade represents a 44.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 702,402 shares of company stock worth $18,440,171. Insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

HPE has been the subject of several analyst reports. Citigroup upped their target price on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a report on Thursday. Wall Street Zen cut Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Truist Financial initiated coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They issued a “buy” rating and a $31.00 target price for the company. Finally, Raymond James Financial restated an “outperform” rating and issued a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.41.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $33.08 on Friday. The stock has a market cap of $43.89 billion, a PE ratio of -174.08, a P/E/G ratio of 0.85 and a beta of 1.28. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. Hewlett Packard Enterprise Company has a twelve month low of $17.02 and a twelve month high of $34.69. The stock has a fifty day simple moving average of $25.72 and a 200-day simple moving average of $23.75.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly 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 business had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company’s revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the business 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. Equities analysts anticipate that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.1425 per share. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.7%. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.

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.