Hewlett Packard Enterprise Company $HPE Stake Lowered by Machina Capital S.A.S.

Machina Capital S.A.S. lowered its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 35.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,794 shares of the technology company’s stock after selling 22,773 shares during the period. Machina Capital S.A.S.’s holdings in Hewlett Packard Enterprise were worth $2,670,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Foster Group Inc. increased its holdings in Hewlett Packard Enterprise by 2.8% during the 3rd quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock worth $341,000 after purchasing an additional 146 shares during the last quarter. Financial Insights Inc. raised its position in shares of Hewlett Packard Enterprise by 3.3% in the 3rd quarter. Financial Insights Inc. now owns 5,429 shares of the technology company’s stock valued at $347,000 after purchasing an additional 175 shares in the last quarter. Oakworth Capital Inc. raised its position in shares of Hewlett Packard Enterprise by 2.3% in the 3rd quarter. Oakworth Capital Inc. now owns 8,159 shares of the technology company’s stock valued at $521,000 after purchasing an additional 181 shares in the last quarter. Joseph Group Capital Management raised its position in shares of Hewlett Packard Enterprise by 47.0% in the 3rd quarter. Joseph Group Capital Management now owns 635 shares of the technology company’s stock valued at $41,000 after purchasing an additional 203 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its stake in shares of Hewlett Packard Enterprise by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock valued at $709,000 after buying an additional 212 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 5.0%

Shares of Hewlett Packard Enterprise stock opened at $50.33 on Thursday. The business has a 50-day moving average price of $59.00 and a 200 day moving average price of $41.80. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56. The firm has a market cap of $66.81 billion, a P/E ratio of 26.21, a P/E/G ratio of 0.31 and a beta of 1.46. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. Hewlett Packard Enterprise’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 EPS. 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. On average, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

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

Insider Buying and Selling

In related news, Director Gary M. Reiner sold 17,000 shares of the firm’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. This trade represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This represents a 14.86% decrease in their position. 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. Insiders have sold 585,899 shares of company stock worth $37,270,329 over the last ninety days. 0.44% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

HPE has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised their price target on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Truist Financial restated a “buy” rating and issued a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Morgan Stanley upped their price target on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the company an “overweight” rating in a report on Thursday, October 1st. Raymond James Financial increased their price objective on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. Finally, Barclays lowered shares of Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $83.00 to $77.00 in a report on Wednesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.44.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing. HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.