12,924 Shares in Hewlett Packard Enterprise Company $HPE Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,924 shares of the technology company’s stock, valued at approximately $826,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Baird Financial Group Inc. grew its position in Hewlett Packard Enterprise by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock worth $709,000 after purchasing an additional 212 shares during the period. Sax Wealth Advisors LLC boosted its stake in shares of Hewlett Packard Enterprise by 2.9% in the second quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock worth $396,000 after buying an additional 244 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in Hewlett Packard Enterprise by 5.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company’s stock worth $324,000 after acquiring an additional 355 shares during the period. Investment Research Partners LLC grew its holdings in Hewlett Packard Enterprise by 2.0% during the fourth quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock worth $527,000 after acquiring an additional 423 shares during the period. Finally, D.A. Davidson & CO. raised its position in Hewlett Packard Enterprise by 4.5% during the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock valued at $238,000 after acquiring an additional 429 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Up 3.5%

Shares of HPE opened at $73.50 on Friday. The firm has a market cap of $97.56 billion, a P/E ratio of 38.28, a PEG ratio of 0.63 and a beta of 1.39. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $73.56. The stock’s 50 day moving average is $58.25 and its two-hundred day moving average is $44.96. 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) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the prior year, the company posted $0.44 EPS. The business’s quarterly revenue was up 33.7% on a year-over-year basis. 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. Analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Insider Activity

In related news, CEO Antonio F. Neri sold 250,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $80,769,265.83. This trade represents a 17.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 dated Monday, September 14th. The stock was 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 in the company, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 551,456 shares of company stock worth $35,271,258 over the last 90 days. 0.44% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have commented on the company. JPMorgan Chase & Co. upped their price objective on Hewlett Packard Enterprise from $68.00 to $70.00 in a research report on Tuesday, August 25th. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $65.00 to $75.00 in a research note on Friday, October 2nd. Wells Fargo & Company increased their price target on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a report on Thursday, October 1st. Finally, Argus restated a “buy” rating and set a $70.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average target price of $65.78.

Key Headlines Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: Wall Street’s outlook has improved as HPE benefits from strong AI-related demand, surging server sales, a growing backlog and expanding HPE GreenLake adoption. Analysts see additional upside, with some coverage pointing to a price target near $92. HPE Stock Has Nearly Tripled
• Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a direct-liquid-cooling-ready data center supporting advanced financial simulations and future private AI initiatives. The deployment offers evidence of demand for HPE’s high-performance computing and energy-efficient AI infrastructure. Mizuho Securities Selects HPE
• Positive Sentiment: Investor enthusiasm is also being supported by HPE’s networking business, its Juniper Networks acquisition, and a reported $1.2 billion AMD Helios AI Rack order from Vultr. Jim Cramer said HPE has “finally broken out of its funk,” while bullish earnings revisions and robust recent results are sustaining momentum. Jim Cramer Says HPE Has Finally Turned a Corner
• Neutral Sentiment: The stock’s sharp rally and new highs have increased valuation and profit-taking risks. Although earnings estimates remain supportive, investors are weighing whether continued AI growth justifies the already substantial gains. Should You Buy, Sell or Hold HPE Stock
• Negative Sentiment: CEO Antonio Neri sold 250,000 shares worth approximately $17.1 million, reducing his direct holdings by 17.45%. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its significance as a bearish signal, but it may still weigh modestly on sentiment.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.