Mutual Advisors LLC Boosts Position in Hewlett Packard Enterprise Company $HPE

Mutual Advisors LLC raised its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 214.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 105,185 shares of the technology company’s stock after acquiring an additional 71,683 shares during the period. Mutual Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $2,439,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of HPE. Spire Wealth Management grew its position in shares of Hewlett Packard Enterprise by 7.1% in the 3rd quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock valued at $164,000 after buying an additional 445 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Hewlett Packard Enterprise by 11.1% during the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock worth $100,000 after purchasing an additional 489 shares in the last quarter. Trust Co. of Vermont increased its position in shares of Hewlett Packard Enterprise by 6.4% during the third quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock worth $217,000 after purchasing an additional 533 shares in the last quarter. Caldwell Trust Co lifted its holdings in shares of Hewlett Packard Enterprise by 64.4% in the 3rd quarter. Caldwell Trust Co now owns 1,526 shares of the technology company’s stock valued at $37,000 after purchasing an additional 598 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in shares of Hewlett Packard Enterprise by 3.5% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 17,846 shares of the technology company’s stock valued at $365,000 after purchasing an additional 600 shares during the period. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on HPE. UBS Group lifted their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Morgan Stanley reissued an “equal weight” rating and set a $25.00 price objective (down from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. The Goldman Sachs Group assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price for the company. Finally, Barclays raised their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, Hewlett Packard Enterprise presently has an average rating of “Hold” and a consensus price target of $25.53.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 126,512 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the sale, the executive vice president owned 51,002 shares of the company’s stock, valued at approximately $1,255,159.22. The trade was a 71.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Antonio F. Neri sold 26,457 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the transaction, the chief executive officer directly owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 585,537 shares of company stock worth $14,255,864. 0.36% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Trading Up 2.3%

Shares of Hewlett Packard Enterprise stock opened at $22.03 on Tuesday. The firm has a market cap of $29.39 billion, a price-to-earnings ratio of -367.02, a price-to-earnings-growth ratio of 0.59 and a beta of 1.33. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44. The company’s 50-day simple moving average is $22.87 and its 200-day simple moving average is $22.88. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.58 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, equities research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 2.6%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio is -950.00%.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.