Hewlett Packard Enterprise Company $HPE Shares Bought by Sterling Capital Management LLC

Sterling Capital Management LLC lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 142.8% during the third quarter, Holdings Channel.com reports. The firm owned 173,261 shares of the technology company’s stock after acquiring an additional 101,909 shares during the period. Sterling Capital Management LLC’s holdings in Hewlett Packard Enterprise were worth $11,070,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Irenic Capital Management LP bought a new stake in shares of Hewlett Packard Enterprise in the 1st quarter worth $18,691,000. Gunderson Capital Management LLC acquired a new position in Hewlett Packard Enterprise during the third quarter worth about $15,409,000. Generate Investment Management Ltd acquired a new position in Hewlett Packard Enterprise during the third quarter worth about $19,340,000. Sanders Morris Harris LLC acquired a new position in Hewlett Packard Enterprise during the third quarter worth about $1,661,000. Finally, Parkway Wealth Management Group LLC raised its position in Hewlett Packard Enterprise by 36.7% in the third quarter. Parkway Wealth Management Group LLC now owns 110,121 shares of the technology company’s stock worth $7,036,000 after acquiring an additional 29,551 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 30th. JPMorgan Chase & Co. lifted their price objective on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a research note on Tuesday, August 25th. Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $65.00 to $75.00 in a report on Friday, October 2nd. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Finally, Morgan Stanley raised their target price on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average target price of $65.44.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: Expanded NVIDIA AI relationship supports growth narrative. HPE updated its AI Factory offerings with NVIDIA to provide more secure deployment, governance and operational controls for regulated industries. The companies also announced collaboration with Schneider Electric on industrial AI agents, potentially broadening HPE’s private-cloud AI opportunity. HPE teams with Nvidia to enhance secure AI deployment Schneider Electric, NVIDIA and HPE strategic collaboration
• Positive Sentiment: HPE outperformed other AI-server stocks. HPE rose more than several peers as investors responded to its AI infrastructure announcements and an upbeat outlook from Super Micro, reinforcing expectations for robust server demand. HPE climbs while AI server peers lag
• Positive Sentiment: Value-oriented support remains. Zacks characterized HPE as a strong value stock, which may attract investors seeking exposure to AI infrastructure at a valuation viewed as more reasonable than some higher-growth technology names. Why HPE is a strong value stock
• Neutral Sentiment: Insider selling was disclosed. EVP Rami Rahim sold approximately $2.0 million of HPE shares, reducing his direct holdings by 3.94%. Because the transaction occurred under a Rule 10b5-1 plan, it may carry less negative signaling value than discretionary selling. SEC insider transaction filing
• Neutral Sentiment: Security remediation highlights product risk and responsiveness. HPE patched eight critical AOS vulnerabilities involving remote code execution and authentication bypass. The fixes reduce customer exposure, although the severity of the flaws could increase scrutiny of HPE security products. HPE patches critical AOS vulnerabilities
• Negative Sentiment: Barclays lowered its HPE price target from $83 to $77. Although the revised target remains above the current trading level, the reduction signals more cautious expectations for valuation or near-term upside. Barclays cuts HPE price target

Hewlett Packard Enterprise Trading Up 2.3%

NYSE HPE traded up $1.25 on Friday, hitting $56.73. 16,995,535 shares of the company were exchanged, compared to its average volume of 20,260,952. The company’s 50 day moving average price is $59.26 and its 200-day moving average price is $47.46. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The firm has a market capitalization of $75.30 billion, a P/E ratio of 29.54, a price-to-earnings-growth ratio of 0.49 and a beta of 1.39. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The company had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the prior year, the company earned $0.44 earnings per share. The company’s revenue for the quarter was up 33.7% on a year-over-year basis. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. Analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. This represents a 20.71% 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 Neri sold 250,000 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the transaction, the chief executive officer owned 1,432,393 shares in the company, valued at approximately $86,573,832.92. This represents a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 585,899 shares of company stock valued at $37,270,329. Corporate insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.