Hewlett Packard Enterprise Company $HPE Shares Bought by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund boosted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 8.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 372,749 shares of the technology company’s stock after acquiring an additional 27,875 shares during the period. Illinois Municipal Retirement Fund’s holdings in Hewlett Packard Enterprise were worth $23,815,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Delos Wealth Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $27,000. First Bancorp Inc ME acquired a new stake in Hewlett Packard Enterprise in the 2nd quarter worth about $30,000. Triumph Capital Management boosted its holdings in Hewlett Packard Enterprise by 208.6% in the 3rd quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock worth $30,000 after buying an additional 315 shares during the last quarter. Ramsey Quantitative Systems purchased a new stake in Hewlett Packard Enterprise during the 3rd quarter worth approximately $31,000. Finally, Transamerica Financial Advisors LLC purchased a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $37,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on HPE. Citigroup increased their target price on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Zacks Research raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. Weiss Ratings downgraded Hewlett Packard Enterprise from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Argus reissued a “buy” rating and issued a $70.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Finally, JPMorgan Chase & Co. raised their price objective on Hewlett Packard Enterprise from $68.00 to $70.00 in a report on Tuesday, August 25th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.44.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $47.90 on Wednesday. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $73.56. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The firm has a market capitalization of $63.59 billion, a PE ratio of 24.95, a price-to-earnings-growth ratio of 0.31 and a beta of 1.46. The business has a 50 day simple moving average of $59.01 and a 200-day simple moving average of $41.65.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The firm had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The firm’s revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the business posted $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. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is currently 29.69%.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: The Royal Australasian College of Surgeons moved its remaining on-premises workloads to HPE Private Cloud, managed through GreenLake. The organization targets AU$2.1 million in savings, providing a customer win that may support HPE’s cloud-services growth. Royal Australasian College of Surgeons Selects Hewlett Packard Enterprise for Private Cloud Transformation
• Positive Sentiment: Recent Zacks commentary describes HPE as attractively valued, citing potential from AI infrastructure, networking growth and GreenLake adoption. Another Zacks article also includes HPE among undervalued stocks with earnings-growth prospects, which could appeal to investors looking for opportunities in a market rally. Should You Buy, Sell or Hold HPE Stock at a P/E Multiple of 10.08X?
• Neutral Sentiment: A recent market analysis noted that HPE and Dell had surrendered a substantial portion of their AI-driven gains, leaving investors focused on whether upcoming earnings can support a recovery. Dell and HPE Were AI Winners Until the Selloff. Can Earnings Put Them Back on Track?
• Negative Sentiment: Shares of AI-server companies came under pressure as NVIDIA’s decline weighed on the hardware sector. The report cited HPE among the stocks pulled lower, highlighting its exposure to sentiment around AI infrastructure spending. NVIDIA’s Slide Drags AI Server Stocks

Insider Activity

In related news, Director Gary M. Reiner sold 17,000 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director owned 65,072 shares of the company’s stock, valued at approximately $3,703,247.52. This represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Rami Rahim sold 34,456 shares of the company’s stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares of the company’s stock, valued at $53,750,668.86. This represents a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 585,899 shares of company stock valued at $37,270,329. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing. HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.