International Assets Investment Management LLC decreased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 90.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,931 shares of the technology company’s stock after selling 19,185 shares during the quarter. International Assets Investment Management LLC’s holdings in Hewlett Packard Enterprise were worth $46,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in HPE. Jericho Capital Asset Management L.P. acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $416,900,000. Holocene Advisors LP acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $144,468,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Hewlett Packard Enterprise by 475.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,551,715 shares of the technology company’s stock worth $87,230,000 after acquiring an additional 2,933,972 shares during the last quarter. Ceredex Value Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $66,664,000. Finally, Analog Century Management LP acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $61,449,000. 80.78% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on HPE. Raymond James Financial reissued an “outperform” rating and set a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Wall Street Zen lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Sunday. Truist Financial began coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a “buy” rating and a $31.00 target price on the stock. Bank of America boosted their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Finally, Morgan Stanley boosted their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.41.
Hewlett Packard Enterprise Stock Performance
HPE opened at $33.08 on Friday. The business has a fifty day simple moving average of $25.72 and a 200 day simple moving average of $23.75. The company has a market capitalization of $43.89 billion, a PE ratio of -174.08, a price-to-earnings-growth ratio of 0.85 and a beta of 1.28. Hewlett Packard Enterprise Company has a 1 year low of $17.02 and a 1 year high of $34.69. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm’s quarterly revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the company 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. Research analysts expect that Hewlett Packard Enterprise Company will post 1.96 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were paid a $0.1425 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 1.7%. Hewlett Packard Enterprise’s payout ratio is -300.00%.
Insiders Place Their Bets
In other news, EVP Fidelma Russo sold 17,001 shares of the company’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total transaction of $475,517.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total value of $2,808,425.83. Following the sale, the chief financial officer owned 204,754 shares of the company’s stock, valued at approximately $6,144,667.54. The trade was a 31.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 702,402 shares of company stock worth $18,440,171 over the last three months. 0.44% of the stock is currently owned by corporate insiders.
About Hewlett Packard Enterprise
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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