Hewlett Packard Enterprise Company $HPE Shares Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 9.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 237,679 shares of the technology company’s stock after acquiring an additional 20,658 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Hewlett Packard Enterprise were worth $14,615,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $1,027,139,000. Primecap Management Co. CA acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter worth about $773,225,000. Legal & General Group Plc acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter worth about $512,721,000. Elliott Investment Management L.P. lifted its stake in Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after buying an additional 8,790,757 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at about $322,718,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: Zacks included HPE on its Strong Buy, value, momentum and income-stock lists. Separate coverage also said the company has factors that could support another earnings beat. New Strong Buy Stocks for November 3rd Will HPE Beat Estimates Again?
• Positive Sentiment: Recent investor commentary points to AI networking as a potential growth driver that could reshape HPE’s earnings story. CEO commentary that HPE has “zero exposure” to AI’s financing web may also help allay concerns about financing risks in the sector. Networking Is Changing The Earnings Story HPE CEO on AI financing exposure
• Negative Sentiment: The clearest near-term headwind was a broad retreat in AI infrastructure stocks. Reports cited worries about server makers’ margins and voter opposition to data-center projects; HPE fell alongside Dell and Super Micro, suggesting sector sentiment—not company-specific news—was weighing on shares. AI server stocks pressured by margin worries and data-center backlash

Hewlett Packard Enterprise Trading Down 5.8%

NYSE:HPE opened at $50.02 on Thursday. The company has a market capitalization of $66.41 billion, a P/E ratio of 26.05, a P/E/G ratio of 0.34 and a beta of 1.46. The stock’s 50 day moving average price is $59.61 and its 200 day moving average price is $41.15. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same period in the prior year, the company posted $0.44 earnings per share. Hewlett Packard Enterprise’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. On average, research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were paid a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Insider Activity at Hewlett Packard Enterprise

In related news, Director Gary Reiner sold 17,000 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director directly owned 65,072 shares in the company, valued at $3,703,247.52. This represents a 20.71% 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 250,000 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the sale, the chief executive officer owned 1,432,393 shares in the company, valued at $86,573,832.92. This represents a 14.86% 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 three months, insiders have sold 585,899 shares of company stock worth $37,270,329. 0.44% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on HPE shares. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. Daiwa Securities Group raised shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $65.00 to $75.00 in a research note on Friday, October 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a research report on Tuesday, August 25th. Finally, Piper Sandler boosted their target price on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and an average target price of $65.44.

Hewlett Packard Enterprise Company 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.