Ionic Capital Management LLC Takes $1.40 Million Position in Hewlett Packard Enterprise Company $HPE

Ionic Capital Management LLC acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 57,000 shares of the technology company’s stock, valued at approximately $1,400,000.

Several other large investors also recently bought and sold shares of HPE. TFC Financial Management Inc. grew its holdings in shares of Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock valued at $25,000 after buying an additional 970 shares during the last quarter. 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 worth $26,000 after acquiring an additional 666 shares during the last quarter. Headlands Technologies LLC purchased a new position in Hewlett Packard Enterprise in the 2nd quarter worth $26,000. Chilton Capital Management LLC acquired a new stake in Hewlett Packard Enterprise during the 3rd quarter worth about $30,000. Finally, Clearstead Trust LLC grew its stake in Hewlett Packard Enterprise by 93.8% during the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after purchasing an additional 625 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of Hewlett Packard Enterprise stock in a transaction on Monday, December 29th. The shares were 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 $51,472,126.89. The trade was a 1.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the sale, the senior vice president owned 18,785 shares of the company’s stock, valued at $462,298.85. This trade represents a 66.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Up 0.1%

HPE opened at $21.60 on Monday. The company has a market cap of $28.65 billion, a PE ratio of -113.66, a price-to-earnings-growth ratio of 0.56 and a beta of 1.31. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The company has a 50-day moving average price of $21.91 and a 200 day moving average price of $23.05. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $9.30 billion for 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%.Hewlett Packard Enterprise’s revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Morgan Stanley raised 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, March 10th. The Goldman Sachs Group initiated coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective on the stock. Finally, Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average price target of $26.50.

Hewlett Packard Enterprise Company 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.