Hewlett Packard Enterprise Company $HPE Stock Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 8.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 186,317 shares of the technology company’s stock after purchasing an additional 14,462 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Hewlett Packard Enterprise were worth $11,904,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Foster Group Inc. raised its stake in Hewlett Packard Enterprise by 2.8% in the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock worth $341,000 after buying an additional 146 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in Hewlett Packard Enterprise by 1.4% during the second quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock worth $709,000 after buying an additional 212 shares during the period. Sax Wealth Advisors LLC boosted its position in Hewlett Packard Enterprise by 2.9% during the 2nd quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock valued at $396,000 after acquiring an additional 244 shares in the last quarter. Avail Investment Partners LLC boosted its position in Hewlett Packard Enterprise by 2.7% during the 3rd quarter. Avail Investment Partners LLC now owns 11,204 shares of the technology company’s stock valued at $716,000 after acquiring an additional 299 shares in the last quarter. Finally, Triumph Capital Management increased its holdings in shares of Hewlett Packard Enterprise by 208.6% in the 3rd quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock valued at $30,000 after acquiring an additional 315 shares during the period. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Trading Up 0.3%

NYSE HPE opened at $56.06 on Wednesday. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.56. The company has a 50 day moving average price of $59.40 and a 200 day moving average price of $46.95. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The firm has a market cap of $74.42 billion, a PE ratio of 29.20, a price-to-earnings-growth ratio of 0.50 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same period last year, the firm earned $0.44 earnings per share. Hewlett Packard Enterprise’s revenue was up 33.7% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is currently 29.69%.

Wall Street Analyst Weigh In

HPE has been the subject of several recent research reports. Wells Fargo & Company boosted their price target on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 1st. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $65.00 to $75.00 in a research note on Friday, October 2nd. Susquehanna dropped their price objective on Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Morgan Stanley lifted their target price on Hewlett Packard Enterprise from $67.00 to $72.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Finally, Evercore lifted their target price on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research note on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and a consensus price target of $65.44.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: AI-server sector rebound: HPE shares moved higher alongside Super Micro Computer and Dell after Super Micro reported strong preliminary quarterly revenue, easing concerns from the prior week’s AI-hardware selloff. Super Micro Computer Surges On Blowout Preliminary Revenue; Dell, HPE Also Jump
• Positive Sentiment: New AI server platform: HPE launched ProLiant Gen13 servers using sixth-generation AMD EPYC processors. The systems target AI inference, agentic AI, simulations and financial modeling, potentially supporting higher-value enterprise infrastructure growth. Learn Why The Bull Case For HPE Stock Could Change Following Gen13 Server Launch
• Positive Sentiment: Miami Heat contract: HPE will modernize wired and wireless networking at Miami’s Kaseya Center, including AI-enabled connectivity and Wi-Fi infrastructure. The deal provides a visible customer reference for HPE’s networking and self-driving network offerings, though its direct financial impact is likely modest. HPE and Miami HEAT transform Kaseya Center fan experience
• Positive Sentiment: Space and HPC publicity: HPE’s Spaceborne Computer 4 is planned to run high-performance computing and AI benchmarks on the Moon aboard Astrolab’s FLIP rover, reinforcing the company’s positioning in specialized computing. The announcement is strategically notable but not an immediate earnings driver. HPE Spaceborne Computer to Power High Performance Computing and AI on the Moon
• Neutral Sentiment: Refurbished infrastructure opportunity: HPE’s upcycling business may benefit from demand for lower-cost refurbished equipment as companies expand AI capacity, including potential opportunities tied to Juniper Networks. HPE upcycle biz sees Juniper opportunity amid AI refurb surge
• Negative Sentiment: Price-target cut: Barclays lowered its HPE target from $83 to $77. The revised target remains above the recent trading level, but the reduction signals increasing caution after recent volatility and concerns that strong AI growth may not fully translate into sustainable returns. Barclays cuts target for Hewlett Packard Enterprise stock

Insider Activity

In related news, Director Gary Reiner sold 17,000 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director directly owned 65,072 shares in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Antonio F. Neri sold 250,000 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $68.31, for a total value of $17,077,500.00. Following the transaction, the chief executive officer owned 1,182,393 shares in the company, valued at approximately $80,769,265.83. This trade represents a 17.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 551,456 shares of company stock worth $35,271,258. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise 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.