Vise Technologies Inc. Invests $472,000 in Hewlett Packard Enterprise Company $HPE

Vise Technologies Inc. bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 23,059 shares of the technology company’s stock, valued at approximately $472,000.

A number of other hedge funds also recently bought and sold shares of HPE. CVA Family Office LLC lifted its stake in Hewlett Packard Enterprise by 126.7% in the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after acquiring an additional 803 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Hewlett Packard Enterprise by 74.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,611 shares of the technology company’s stock valued at $33,000 after purchasing an additional 687 shares in the last quarter. Hilltop National Bank purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth $35,000. Zions Bancorporation National Association UT purchased a new stake in shares of Hewlett Packard Enterprise during the 1st quarter worth $27,000. Finally, Transce3nd LLC grew its stake in shares of Hewlett Packard Enterprise by 2,937.2% during the first quarter. Transce3nd LLC now owns 2,369 shares of the technology company’s stock worth $37,000 after purchasing an additional 2,291 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Raymond James Financial lifted their price target on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the stock a “strong-buy” rating in a report on Thursday, September 4th. Zacks Research lowered Hewlett Packard Enterprise from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. Evercore ISI upped their price target on Hewlett Packard Enterprise from $25.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Barclays increased their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Finally, Sanford C. Bernstein began coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 16th. They set a “market perform” rating and a $24.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $25.41.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $22.82 on Friday. Hewlett Packard Enterprise Company has a 1-year low of $11.97 and a 1-year high of $26.44. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.95 and a quick ratio of 0.69. The stock has a fifty day moving average price of $24.19 and a 200 day moving average price of $21.19. The company has a market cap of $30.10 billion, a PE ratio of 27.82, a P/E/G ratio of 1.28 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, September 3rd. The technology company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.09). The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $8.77 billion. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The firm’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.50 earnings per share. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. Sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 18th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Thursday, September 18th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 63.41%.

Insider Transactions at Hewlett Packard Enterprise

In other news, Director Gary M. Reiner sold 40,000 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $24.58, for a total value of $983,200.00. Following the sale, the director directly owned 83,869 shares in the company, valued at $2,061,500.02. This represents a 32.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Antonio F. Neri sold 166,666 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $22.52, for a total transaction of $3,753,318.32. Following the sale, the chief executive officer owned 1,919,060 shares of the company’s stock, valued at approximately $43,217,231.20. This trade represents a 7.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 543,738 shares of company stock valued at $12,922,932 in the last 90 days. 0.36% of the stock is currently owned by insiders.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.