Everest Financial Group LLC increased its holdings in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 466.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,311 shares of the technology company’s stock after acquiring an additional 72,720 shares during the quarter. Everest Financial Group LLC’s holdings in Hewlett Packard Enterprise were worth $5,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. Eurizon Capital SGR S.p.A. increased its holdings in shares of Hewlett Packard Enterprise by 2.3% during the third quarter. Eurizon Capital SGR S.p.A. now owns 816,409 shares of the technology company’s stock valued at $52,038,000 after acquiring an additional 18,181 shares in the last quarter. R Squared Ltd lifted its stake in shares of Hewlett Packard Enterprise by 38.4% in the third quarter. R Squared Ltd now owns 15,233 shares of the technology company’s stock worth $973,000 after buying an additional 4,227 shares in the last quarter. Three Bridge Wealth Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $32,000. King Luther Capital Management Corp bought a new stake in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $255,000. Finally, Commons Capital LLC purchased a new position in Hewlett Packard Enterprise in the 3rd quarter worth approximately $205,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Insider Activity at Hewlett Packard Enterprise
In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 250,000 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $68.31, for a total value of $17,077,500.00. Following the transaction, the chief executive officer directly owned 1,182,393 shares in the company, valued at approximately $80,769,265.83. This trade represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director owned 65,072 shares in the company, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 585,899 shares of company stock worth $37,270,329. 0.44% of the stock is owned by company insiders.
Trending Headlines about Hewlett Packard Enterprise
These are some of the HPE headlines that stood out recently:
- Positive Sentiment: A new HPE Private Cloud and GreenLake deployment for the Royal Australasian College of Surgeons is expected to deliver about A$2.1 million in savings over five years, offering a concrete example of customer value and recurring-services potential. Article: HPE wins clients with projected savings
- Neutral Sentiment: A retrospective notes HPE’s substantial year-over-year share appreciation, alongside investor concerns including legal challenges, tariffs and activist pressure. Those competing narratives leave attention on execution in AI servers, Juniper networking and GreenLake. Article: What comes next for HPE after a 118% gain
- Negative Sentiment: Technical coverage describes bearish pressure, soft momentum and a test of support. The supplied trading data also places HPE below its 50-day moving average, suggesting near-term price weakness despite remaining above its 200-day average. Article: Bearish pressure tests support as momentum stays soft
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Citigroup upped their price objective on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, October 1st. Zacks Research raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Loop Capital reduced their price objective on Hewlett Packard Enterprise from $75.00 to $65.00 and set a “buy” rating for the company in a report on Tuesday, September 8th. Wells Fargo & Company boosted their target price on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 1st. Finally, Truist Financial restated a “buy” rating and set a $75.00 target price (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and a consensus price target of $65.44.
Get Our Latest Stock Report on Hewlett Packard Enterprise
Hewlett Packard Enterprise Stock Down 0.2%
HPE stock opened at $50.15 on Friday. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56. The business’s 50-day moving average is $58.97 and its two-hundred day moving average is $41.94. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The company has a market cap of $66.57 billion, a price-to-earnings ratio of 18.14, a P/E/G ratio of 0.33 and a beta of 1.46.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its 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 analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The business’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same period last year, the firm 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. As a group, analysts forecast that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is 29.69%.
About Hewlett Packard Enterprise
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.
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