30,293 Shares in Hewlett Packard Enterprise Company $HPE Bought by Callan Family Office LLC

Callan Family Office LLC purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 30,293 shares of the technology company’s stock, valued at approximately $619,000.

Several other hedge funds have also recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its position in shares of Hewlett Packard Enterprise by 2.3% during the 1st quarter. Farther Finance Advisors LLC now owns 31,437 shares of the technology company’s stock worth $492,000 after purchasing an additional 699 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Hewlett Packard Enterprise by 14.4% in the first quarter. GAMMA Investing LLC now owns 17,760 shares of the technology company’s stock valued at $274,000 after purchasing an additional 2,239 shares during the period. Simon Quick Advisors LLC purchased a new stake in Hewlett Packard Enterprise during the first quarter worth about $207,000. Opal Wealth Advisors LLC acquired a new position in Hewlett Packard Enterprise during the first quarter worth about $37,000. Finally, Ritholtz Wealth Management increased its holdings in Hewlett Packard Enterprise by 17.1% in the first quarter. Ritholtz Wealth Management now owns 94,781 shares of the technology company’s stock valued at $1,462,000 after buying an additional 13,807 shares in the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Trading Up 1.5%

Hewlett Packard Enterprise stock opened at $24.78 on Tuesday. The stock has a market cap of $32.69 billion, a PE ratio of 30.21, a P/E/G ratio of 2.55 and a beta of 1.45. The stock has a 50-day moving average price of $23.32 and a 200 day moving average price of $19.70. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The company has a current ratio of 0.95, a quick ratio of 0.69 and a debt-to-equity ratio of 0.69.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, September 3rd. The technology company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.09). The company had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $8.77 billion. Hewlett Packard Enterprise had a return on equity of 9.01% and a net margin of 3.77%.The company’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.50 EPS. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. Equities research analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, September 18th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, September 18th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 63.41%.

Analysts Set New Price Targets

Several brokerages have recently commented on HPE. KeyCorp assumed coverage on Hewlett Packard Enterprise in a research note on Thursday, June 26th. They set a “sector weight” rating on the stock. Bank of America boosted their target price on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Sanford C. Bernstein initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, September 16th. They set a “market perform” rating and a $24.00 price target for the company. Wolfe Research initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, July 8th. They set a “peer perform” rating for the company. Finally, Citigroup lifted their price target on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average target price of $25.06.

Insider Buying and Selling

In related news, CEO Antonio F. Neri sold 166,666 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the completion of the sale, the chief executive officer owned 1,585,726 shares in the company, valued at approximately $39,690,721.78. This trade represents a 9.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Maeve C. Culloty sold 3,738 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $25.12, for a total value of $93,898.56. The disclosure for this sale can be found here. In the last quarter, insiders sold 543,738 shares of company stock worth $12,922,932. 0.36% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.