Quinn Opportunity Partners LLC Has $12.56 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

Quinn Opportunity Partners LLC raised its position in Hewlett Packard Enterprise Company (NYSE:HPEFree Report) by 134.5% during the third quarter, Holdings Channel reports. The institutional investor owned 511,465 shares of the technology company’s stock after buying an additional 293,370 shares during the quarter. Hewlett Packard Enterprise makes up about 0.9% of Quinn Opportunity Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Quinn Opportunity Partners LLC’s holdings in Hewlett Packard Enterprise were worth $12,562,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. boosted its holdings in Hewlett Packard Enterprise by 35.2% in the third quarter. Brown Brothers Harriman & Co. now owns 7,322 shares of the technology company’s stock valued at $180,000 after acquiring an additional 1,906 shares during the last quarter. Epoch Investment Partners Inc. raised its holdings in Hewlett Packard Enterprise by 1.1% during the 3rd quarter. Epoch Investment Partners Inc. now owns 5,123,650 shares of the technology company’s stock worth $125,837,000 after purchasing an additional 57,267 shares during the last quarter. Pathstone Holdings LLC raised its holdings in Hewlett Packard Enterprise by 1.8% during the 3rd quarter. Pathstone Holdings LLC now owns 171,026 shares of the technology company’s stock worth $4,205,000 after purchasing an additional 2,958 shares during the last quarter. Oribel Capital Management LP acquired a new position in Hewlett Packard Enterprise during the 3rd quarter valued at about $7,702,000. Finally, Wealth High Governance Capital Ltda boosted its stake in shares of Hewlett Packard Enterprise by 117.7% in the 3rd quarter. Wealth High Governance Capital Ltda now owns 540,000 shares of the technology company’s stock valued at $13,262,000 after purchasing an additional 292,000 shares during the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 26,457 shares of the firm’s stock in a transaction 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 sale, the chief executive officer owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, December 24th. The stock was 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 in the company, valued at approximately $462,298.85. This represents a 66.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Up 0.1%

Hewlett Packard Enterprise stock opened at $21.60 on Friday. The firm has a market capitalization of $28.70 billion, a price-to-earnings ratio of -113.66, a PEG ratio of 0.56 and a beta of 1.31. The company’s 50 day simple moving average is $21.91 and its 200 day simple moving average is $23.05. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.76. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last issued its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The business’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be given a $0.1425 dividend. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.

Analyst Ratings Changes

HPE has been the subject of several analyst reports. Morgan Stanley lifted 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 report on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Bank of America lifted their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, Citigroup increased their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.50.

Get Our Latest Research Report on Hewlett Packard Enterprise

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.

Further Reading

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

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