Eurizon Capital SGR S.p.A. raised its stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 2.3% in the third quarter, HoldingsChannel reports. The fund owned 816,409 shares of the technology company’s stock after purchasing an additional 18,181 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in Hewlett Packard Enterprise were worth $52,038,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HPE. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise in the second quarter valued at approximately $1,027,139,000. Primecap Management Co. CA acquired a new position in Hewlett Packard Enterprise in the 2nd quarter valued at $773,225,000. Elliott Investment Management L.P. raised its stake in Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after purchasing an additional 8,790,757 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Hewlett Packard Enterprise by 6.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock valued at $590,435,000 after purchasing an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in Hewlett Packard Enterprise in the 2nd quarter valued at $512,721,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Trending Headlines about Hewlett Packard Enterprise
These are some of the HPE headlines that stood out recently:
- Positive Sentiment: HPE’s AI opportunity is supported by demand across AI infrastructure, networking and hybrid cloud. Coverage points to its diversified businesses as potential growth drivers as AI spending evolves, while comparing its approach with Super Micro Computer’s. Article: Can HPE Sustain Growth Amid Evolving AI Market Dynamics?
- Neutral Sentiment: HPE’s shares have gained substantially over the past year, with investors weighing AI servers, Juniper networking and GreenLake recurring revenue against reported legal, tariff and activist-related concerns. The strong prior performance may also raise expectations. Article: What Comes Next For Hewlett Packard Enterprise After A 118% Gain
- Negative Sentiment: A technical analysis article describes bearish pressure testing support and soft momentum, suggesting near-term trading sentiment remains weak despite the longer-term AI growth case. Article: HPE Stock Price Prediction: Bearish pressure tests support
Hewlett Packard Enterprise Trading Down 3.9%
Shares of HPE stock opened at $48.21 on Friday. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $73.56. The company has a market capitalization of $64.00 billion, a price-to-earnings ratio of 25.11, a PEG ratio of 0.33 and a beta of 1.46. The firm has a 50-day moving average price of $58.85 and a 200 day moving average price of $42.08. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior 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. Research analysts forecast 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 announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders 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 annualized dividend and a yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.
Insider Buying and Selling at Hewlett Packard Enterprise
In other Hewlett Packard Enterprise news, EVP Rami Rahim sold 34,456 shares of the business’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 sale, the executive vice president directly owned 875,133 shares in the company, valued at approximately $53,750,668.86. The trade was a 3.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were 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 of the company’s stock, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 585,899 shares of company stock valued at $37,270,329 in the last ninety days. Company insiders own 0.44% of the company’s stock.
Analyst Ratings Changes
HPE has been the subject of a number of analyst reports. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 30th. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Bank of America boosted their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $65.00 to $75.00 in a report on Friday, October 2nd. Finally, Weiss Ratings lowered shares of Hewlett Packard Enterprise from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Two equities research 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 company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $65.44.
Get Our Latest Stock Report on Hewlett Packard Enterprise
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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