17,691 Shares in Hewlett Packard Enterprise Company $HPE Acquired by USA Financial Formulas

USA Financial Formulas bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,691 shares of the technology company’s stock, valued at approximately $1,130,000.

Several other hedge funds and other institutional investors have also bought and sold shares of HPE. Foster Group Inc. increased its holdings in shares of Hewlett Packard Enterprise by 2.8% in the 3rd quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock valued at $341,000 after acquiring an additional 146 shares during the period. Baird Financial Group Inc. raised its position in shares of Hewlett Packard Enterprise by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock worth $709,000 after acquiring an additional 212 shares in the last quarter. Sax Wealth Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 2.9% in the 2nd quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock worth $396,000 after acquiring an additional 244 shares in the last quarter. Avail Investment Partners LLC lifted its stake in shares of Hewlett Packard Enterprise by 2.7% during the 3rd quarter. Avail Investment Partners LLC now owns 11,204 shares of the technology company’s stock worth $716,000 after purchasing an additional 299 shares during the last quarter. Finally, Triumph Capital Management lifted its stake in shares of Hewlett Packard Enterprise by 208.6% during the 3rd quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock worth $30,000 after purchasing an additional 315 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, Director Gary Reiner sold 17,000 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director directly owned 65,072 shares in the company, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Antonio F. Neri sold 250,000 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $60.44, for a total value of $15,110,000.00. Following the completion of the sale, the chief executive officer owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This trade represents a 14.86% 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 have sold a total of 551,456 shares of company stock worth $35,271,258 in the last ninety days. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise Price Performance

Shares of HPE opened at $55.32 on Friday. The company has a market cap of $73.44 billion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 0.49 and a beta of 1.39. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $73.56. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average of $59.34 and a two-hundred day moving average of $46.33.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.44 earnings per share. 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. As a group, analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were given a $0.1425 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Analyst Upgrades and Downgrades

HPE has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on Hewlett Packard Enterprise from $68.00 to $70.00 in a research report on Tuesday, August 25th. Piper Sandler lifted their target price on Hewlett Packard Enterprise from $57.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, October 1st. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Citigroup increased their price target on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, October 1st. Finally, The Goldman Sachs Group increased their price target on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. Two investment 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 company has a consensus rating of “Moderate Buy” and an average target price of $65.44.

Key Stories Impacting Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE announced a planned $75 million expansion in Chippewa Falls, Wisconsin, expected to create 75 jobs. The investment supports the company’s manufacturing and infrastructure operations, although its near-term effect on earnings is likely limited. HPE to spend $75M to expand, add 75 jobs in Chippewa Falls
• Positive Sentiment: Some investors remain constructive because HPE has reported record revenue, orders and backlog, while demand for traditional servers, AI systems and networking—and higher server prices—has supported recent results. HPE stock was also reported to be up substantially for the year before the latest retreat. What Was HPE Telling You Before Its Stock Ran?
• Neutral Sentiment: ETF selling added to short-term pressure, while some dip buyers are betting that HPE can convert its AI and server orders into revenue. However, the recent decline has raised questions about whether earlier dip-buying strategies will continue to work. ETFs Are Net Sellers of Hewlett Packard Enterprise
• Negative Sentiment: Barclays downgraded HPE to Equal Weight from Overweight and lowered its price target to $77 from $83. The firm questioned how quickly corporate customers will adopt AI hardware and suggested that memory-component inflation, rather than new AI deployments, may be driving server revenue growth. Why Hewlett Packard Enterprise Stock Is Trading Lower Today
• Negative Sentiment: Concerns over how customers will finance large AI infrastructure projects have spread across hardware stocks, including HPE, Dell and Super Micro. The resulting sector-wide selling, combined with scrutiny of HPE’s server revenue quality and adoption timeline, drove a roughly 20% decline between October 9 and October 15. AI Financing Worries Extend Hardware Selloff

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.