Hewlett Packard Enterprise Company $HPE Shares Sold by Trek Financial LLC

Trek Financial LLC trimmed its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 88.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,329 shares of the technology company’s stock after selling 26,083 shares during the period. Trek Financial LLC’s holdings in Hewlett Packard Enterprise were worth $213,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Triumph Capital Management grew its position in Hewlett Packard Enterprise by 208.6% during the third quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock valued at $30,000 after buying an additional 315 shares during the period. Ramsey Quantitative Systems purchased a new stake in Hewlett Packard Enterprise during the third quarter worth about $31,000. Latitude Advisors LLC bought a new stake in Hewlett Packard Enterprise in the third quarter worth about $37,000. Delos Wealth Advisors LLC bought a new stake in Hewlett Packard Enterprise in the second quarter worth about $27,000. Finally, Pension & Wealth Management Advisors Inc. purchased a new position in Hewlett Packard Enterprise in the third quarter valued at about $40,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Rami Rahim sold 34,443 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total value of $1,999,071.72. Following the completion of the transaction, the executive vice president directly owned 840,690 shares in the company, valued at approximately $48,793,647.60. The trade was a 3.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director owned 65,072 shares of the company’s stock, valued at $3,703,247.52. This represents a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 585,899 shares of company stock valued at $37,270,329 over the last quarter. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: Zacks included HPE on its Strong Buy, value, momentum and income-stock lists. Separate coverage also said the company has factors that could support another earnings beat. New Strong Buy Stocks for November 3rd Will HPE Beat Estimates Again?
• Positive Sentiment: Recent investor commentary points to AI networking as a potential growth driver that could reshape HPE’s earnings story. CEO commentary that HPE has “zero exposure” to AI’s financing web may also help allay concerns about financing risks in the sector. Networking Is Changing The Earnings Story HPE CEO on AI financing exposure
• Negative Sentiment: The clearest near-term headwind was a broad retreat in AI infrastructure stocks. Reports cited worries about server makers’ margins and voter opposition to data-center projects; HPE fell alongside Dell and Super Micro, suggesting sector sentiment—not company-specific news—was weighing on shares. AI server stocks pressured by margin worries and data-center backlash

Hewlett Packard Enterprise Trading Down 5.8%

Shares of HPE opened at $50.02 on Thursday. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56. The business has a 50-day moving average of $59.61 and a 200 day moving average of $41.15. The firm has a market cap of $66.41 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 0.34 and a beta of 1.46. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company’s revenue was up 33.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share. 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, research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were given a $0.1425 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a “buy” rating and a $62.00 target price for the company. Piper Sandler raised their price target on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, October 1st. Daiwa Securities Group raised shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $65.00 to $75.00 in a report on Friday, October 2nd. Wells Fargo & Company upped their price objective on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, October 1st. Finally, Bank of America increased their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a report on Monday, August 31st. Two 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $65.44.

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.