Vanguard Personalized Indexing Management LLC Buys 73,967 Shares of Hewlett Packard Enterprise Company $HPE

Vanguard Personalized Indexing Management LLC grew its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 38.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 264,070 shares of the technology company’s stock after purchasing an additional 73,967 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Hewlett Packard Enterprise were worth $5,400,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Alpine Bank Wealth Management bought a new position in Hewlett Packard Enterprise in the 1st quarter worth $25,000. Hilltop National Bank bought a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $35,000. Zions Bancorporation National Association UT bought a new position in shares of Hewlett Packard Enterprise in the 1st quarter worth about $27,000. MorganRosel Wealth Management LLC bought a new position in shares of Hewlett Packard Enterprise in the 1st quarter worth about $31,000. Finally, Financial Freedom LLC increased its stake in shares of Hewlett Packard Enterprise by 76.7% in the 1st quarter. Financial Freedom LLC now owns 2,197 shares of the technology company’s stock worth $34,000 after acquiring an additional 954 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Stock Up 1.5%

NYSE:HPE opened at $24.78 on Tuesday. The firm has a market cap of $32.69 billion, a P/E ratio of 30.21, a P/E/G ratio of 2.55 and a beta of 1.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.69 and a current ratio of 0.95. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44. The firm has a 50-day simple moving average of $23.32 and a two-hundred day simple moving average of $19.70.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Wednesday, September 3rd. The technology company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.09). The firm had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $8.77 billion. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The firm’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 earnings per share. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. 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 declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, September 18th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 18th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 63.41%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HPE. Zacks Research lowered shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Barclays increased their price target on shares of Hewlett Packard Enterprise from $24.00 to $26.00 and gave the stock an “overweight” rating in a research note on Thursday, July 3rd. Wolfe Research began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, July 8th. They issued a “peer perform” rating for the company. JPMorgan Chase & Co. began coverage on shares of Hewlett Packard Enterprise in a research note on Thursday, July 17th. They issued an “overweight” rating and a $30.00 price target for the company. Finally, Citigroup increased their price target on shares of 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 assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $25.06.

Insider Activity

In other news, Director Gary M. Reiner sold 40,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $24.58, for a total transaction of $983,200.00. Following the sale, the director owned 83,869 shares of the company’s stock, valued at $2,061,500.02. This trade represents a 32.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Antonio F. Neri sold 166,666 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the sale, the chief executive officer directly owned 1,585,726 shares in the company, valued at approximately $39,690,721.78. The trade was a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 543,738 shares of company stock valued at $12,922,932 in the last 90 days. 0.36% of the stock is currently owned by 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.