9,000 Hewlett Packard Enterprise Company $HPE Shares Purchased by Courier Capital LLC

Courier Capital LLC increased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 97.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,200 shares of the technology company’s stock after buying an additional 9,000 shares during the period. Courier Capital LLC’s holdings in Hewlett Packard Enterprise were worth $1,163,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Elliott Investment Management L.P. lifted its position in shares of Hewlett Packard Enterprise by 47.2% during 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 acquiring an additional 8,790,757 shares during the period. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $1,027,139,000. Primecap Management Co. CA purchased a new position in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $773,225,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake 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 acquired a new position in Hewlett Packard Enterprise during the second quarter worth $512,721,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Gary M. Reiner sold 17,000 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the transaction, the director owned 65,072 shares of the company’s stock, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the completion of the transaction, the chief executive officer 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 551,456 shares of company stock worth $35,271,258. 0.44% of the stock is owned by corporate insiders.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: HPE’s partnership with NVIDIA is strengthening its enterprise AI portfolio and could improve its ability to compete with Super Micro Computer and Dell in AI infrastructure. The relationship supports the company’s growth opportunity in a fast-expanding market. HPE Partners With NVDA: Can it Help Challenge SMCI & DELL?
• Positive Sentiment: HPE has raised its networking revenue-growth outlook and continues to benefit from demand for AI, networking and cloud-focused solutions. Recent quarterly results also showed strong execution, with earnings and revenue exceeding analyst expectations. How Evercore’s Valuation-Driven Downgrade At Hewlett Packard Enterprise Has Changed Its Investment Story
• Neutral Sentiment: Supporters point to HPE’s strong recent stock performance, improving business momentum and exposure to long-term enterprise technology trends. However, the approximately 197% six-month rally and recent 52-week high have increased expectations and reduced the margin for execution mistakes. 3 Reasons We’re Fans of Hewlett Packard Enterprise
• Negative Sentiment: Evercore ISI downgraded HPE to In Line from Outperform, citing stretched valuation after the rally and limited near-term catalysts for further multiple expansion. Analyst Amit Daryanani maintained a $65 price target and noted that HPE was trading at roughly 13 times fiscal 2027 earnings, compared with an approximately eight-times five-year average. The downgrade was the primary reason for the recent selling pressure. Why Hewlett Packard Enterprise Shares Are Trading Lower Today

Analyst Upgrades and Downgrades

A number of research firms have commented on HPE. Loop Capital decreased their target price on Hewlett Packard Enterprise from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft started coverage on Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price target for the company. Raymond James Financial lifted their price target on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, September 3rd. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. Finally, Barclays increased their price objective on shares of Hewlett Packard Enterprise from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $65.78.

Hewlett Packard Enterprise Price Performance

HPE stock traded down $1.61 on Tuesday, reaching $68.72. The company had a trading volume of 24,043,540 shares, compared to its average volume of 21,273,131. The company’s fifty day moving average is $58.65 and its 200 day moving average is $45.45. The company has a market cap of $91.22 billion, a P/E ratio of 35.79, a PEG ratio of 0.65 and a beta of 1.39. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly 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 company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the business posted $0.44 earnings per share. Hewlett Packard Enterprise’s revenue was up 33.7% compared to the same quarter last year. 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. On average, research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

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

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.