World Investment Advisors Raises Holdings in Hewlett Packard Enterprise Company $HPE

World Investment Advisors grew its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 11.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 32,715 shares of the technology company’s stock after acquiring an additional 3,339 shares during the period. World Investment Advisors’ holdings in Hewlett Packard Enterprise were worth $669,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Benson Investment Management Company Inc. lifted its holdings in Hewlett Packard Enterprise by 0.3% in the 2nd quarter. Benson Investment Management Company Inc. now owns 227,291 shares of the technology company’s stock worth $4,648,000 after buying an additional 650 shares during the period. Louisiana State Employees Retirement System lifted its holdings in Hewlett Packard Enterprise by 1.0% in the 1st quarter. Louisiana State Employees Retirement System now owns 70,600 shares of the technology company’s stock worth $1,089,000 after buying an additional 700 shares during the period. Larson Financial Group LLC lifted its holdings in Hewlett Packard Enterprise by 16.7% in the 1st quarter. Larson Financial Group LLC now owns 5,370 shares of the technology company’s stock worth $83,000 after buying an additional 769 shares during the period. CVA Family Office LLC lifted its holdings in Hewlett Packard Enterprise by 126.7% in the 2nd quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after buying an additional 803 shares during the period. Finally, Dynasty Wealth Management LLC lifted its holdings in Hewlett Packard Enterprise by 2.8% in the 1st quarter. Dynasty Wealth Management LLC now owns 33,907 shares of the technology company’s stock worth $523,000 after buying an additional 925 shares during the period. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 0.1%

HPE stock opened at $24.42 on Monday. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69. The firm has a market cap of $32.22 billion, a PE ratio of 29.78, a price-to-earnings-growth ratio of 1.81 and a beta of 1.45. The business has a 50 day moving average of $24.07 and a 200 day moving average of $20.68.

Hewlett Packard Enterprise (NYSE:HPE) last posted 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). Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The company had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $8.77 billion. During the same period last year, the business earned $0.50 EPS. The firm’s quarterly revenue was up 19.8% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. On average, research analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 18th were 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 of this dividend was Thursday, September 18th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 63.41%.

Insider Activity at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 166,666 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $22.52, for a total transaction of $3,753,318.32. Following the completion of the transaction, the chief executive officer owned 1,919,060 shares of the company’s stock, valued at $43,217,231.20. This trade represents a 7.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary M. Reiner sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $24.58, for a total value of $983,200.00. Following the transaction, the director directly owned 83,869 shares of the company’s stock, valued at approximately $2,061,500.02. This trade represents a 32.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 543,738 shares of company stock valued at $12,922,932 in the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wolfe Research assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Piper Sandler began coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 target price for the company. Wells Fargo & Company increased their target price on Hewlett Packard Enterprise from $22.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 4th. Zacks Research lowered Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Finally, Barclays increased their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $25.41.

About Hewlett Packard Enterprise

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.