26,187 Shares in Hewlett Packard Enterprise Company $HPE Acquired by Leonteq Securities AG

Leonteq Securities AG acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 26,187 shares of the technology company’s stock, valued at approximately $629,000.

A number of other hedge funds have also recently added to or reduced their stakes in HPE. Empowered Funds LLC increased its holdings in Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after buying an additional 113,906 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Hewlett Packard Enterprise by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after buying an additional 1,377 shares during the last quarter. Brown Advisory Inc. increased its holdings in Hewlett Packard Enterprise by 4.4% in the second quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock worth $482,000 after buying an additional 996 shares during the last quarter. Jump Financial LLC increased its holdings in Hewlett Packard Enterprise by 25.8% in the second quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock worth $320,000 after buying an additional 3,215 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in Hewlett Packard Enterprise in the second quarter worth approximately $207,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Buying and Selling

In other news, EVP Neil B. Macdonald sold 24,251 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $27.01, for a total value of $655,019.51. Following the completion of the sale, the executive vice president directly owned 32,243 shares of the company’s stock, valued at approximately $870,883.43. This represents a 42.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 150,000 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $26.50, for a total value of $3,975,000.00. Following the completion of the sale, the chief executive officer directly owned 1,687,329 shares of the company’s stock, valued at $44,714,218.50. This represents a 8.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 702,402 shares of company stock valued at $18,440,171 in the last ninety days. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Trading Up 10.7%

Shares of HPE stock opened at $37.60 on Friday. Hewlett Packard Enterprise Company has a 12 month low of $17.02 and a 12 month high of $37.75. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $27.00 and its two-hundred day moving average is $24.09. The company has a market cap of $49.89 billion, a PE ratio of -197.88, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter last year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Equities analysts predict that Hewlett Packard Enterprise Company will post 1.96 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Bank of America increased their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Morgan Stanley increased their price target on Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday. Truist Financial assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, March 31st. They set a “buy” rating and a $31.00 price target on the stock. Citigroup increased their price target on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $27.88.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.