Total Clarity Wealth Management Inc. Buys New Position in Hewlett Packard Enterprise Company $HPE

Total Clarity Wealth Management Inc. purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPEFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 30,558 shares of the technology company’s stock, valued at approximately $751,000.

Other institutional investors have also modified their holdings of the company. Mcintyre Freedman & Flynn Investment Advisers Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 743.7% during the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after purchasing an additional 135,725 shares during the last quarter. Caxton Associates LLP increased its stake in Hewlett Packard Enterprise by 106.8% in the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after purchasing an additional 92,438 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Hewlett Packard Enterprise during the second quarter worth about $2,522,000. Swiss National Bank boosted its stake in Hewlett Packard Enterprise by 7.2% in the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock worth $81,315,000 after buying an additional 266,600 shares during the last quarter. Finally, Knights of Columbus Asset Advisors LLC grew its holdings in Hewlett Packard Enterprise by 118.8% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company’s stock valued at $3,567,000 after buying an additional 78,859 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock opened at $20.84 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The company has a market cap of $27.69 billion, a PE ratio of -347.28, a P/E/G ratio of 0.57 and a beta of 1.33. The company’s fifty day simple moving average is $22.51 and its 200-day simple moving average is $23.05. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last announced its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, equities research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 2.7%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio is -950.00%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Morgan Stanley decreased their target price on shares of Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 18th. Citigroup cut their price target on shares of Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Argus boosted their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, The Goldman Sachs Group initiated coverage on Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $25.29.

Check Out Our Latest Stock Analysis on HPE

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Jeremy Cox sold 50,061 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $23.70, for a total transaction of $1,186,445.70. Following the completion of the sale, the senior vice president directly owned 26,905 shares of the company’s stock, valued at approximately $637,648.50. This trade represents a 65.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John F. Schultz sold 148,501 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the transaction, the executive vice president directly owned 248,091 shares in the company, valued at $6,199,794.09. The trade was a 37.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 585,537 shares of company stock valued at $14,255,864. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Company 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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