Parkway Wealth Management Group LLC Purchases 29,551 Shares of Hewlett Packard Enterprise Company $HPE

Parkway Wealth Management Group LLC grew its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 36.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 110,121 shares of the technology company’s stock after acquiring an additional 29,551 shares during the period. Parkway Wealth Management Group LLC’s holdings in Hewlett Packard Enterprise were worth $7,036,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Triumph Capital Management lifted its stake in Hewlett Packard Enterprise by 208.6% during the 3rd quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock worth $30,000 after acquiring an additional 315 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in Hewlett Packard Enterprise in the 2nd quarter valued at about $27,000. Pension & Wealth Management Advisors Inc. acquired a new position in Hewlett Packard Enterprise in the 3rd quarter valued at about $40,000. First Bancorp Inc ME purchased a new stake in Hewlett Packard Enterprise during the second quarter worth about $30,000. Finally, Bullock Wealth Management Group purchased a new stake in Hewlett Packard Enterprise during the third quarter worth about $48,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on HPE shares. Bank of America raised their price objective 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 raised shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $65.00 to $75.00 in a research note on Friday, October 2nd. Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. Morgan Stanley raised their price target on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the company an “overweight” rating in a research report on Thursday, October 1st. Finally, Piper Sandler boosted their price target on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.44.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: HPE launched its first ProLiant Gen13 servers powered by sixth-generation AMD EPYC processors. The systems offer greater core density, expanded memory and I/O, and enhanced security features, positioning HPE for demand tied to AI inference, agentic AI, simulations, and financial modeling. Learn Why The Bull Case For HPE Stock Could Change Following Gen13 Server Launch
• Positive Sentiment: The Gen13 rollout adds to HPE’s AI strategy, alongside adoption of its direct-liquid-cooled Cray XD2000 infrastructure for Mizuho Securities’ large-scale financial simulations. The announcements reinforce HPE’s effort to move toward higher-value AI and accelerated-computing systems. What Is Hewlett Packard Enterprise Signaling With Its New AI Server Push?
• Positive Sentiment: HPE and the Miami HEAT announced a Wi-Fi 7 and self-driving-network modernization at Kaseya Center. While relatively small financially, the project provides a visible reference customer for HPE’s networking and AI-enabled connectivity products. HPE and Miami HEAT Transform Kaseya Center Fan Experience
• Positive Sentiment: HPE participated in a broader rebound among AI-server stocks after the previous week’s selloff, suggesting sector sentiment—not just company-specific news—also helped the shares. AI Server Stocks Rally as Last Week’s Selloff Reverses
• Neutral Sentiment: One valuation analysis argues HPE may be undervalued following strong earnings and sustained data-center demand, potentially supporting the long-term investment case, though it is not a new company forecast.
• Negative Sentiment: Barclays lowered its price target for HPE from $83 to $77. The revised target remains above recent trading levels but signals more limited upside in the analyst’s view. Barclays Cuts Target for Hewlett Packard Enterprise Stock

Hewlett Packard Enterprise Price Performance

HPE stock opened at $55.80 on Tuesday. The business’s 50-day moving average is $59.37 and its two-hundred day moving average is $46.72. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The firm has a market capitalization of $74.07 billion, a P/E ratio of 19.90, a P/E/G ratio of 0.49 and a beta of 1.39. 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 announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates 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 previous year, the company posted $0.44 earnings per share. The business’s revenue for the quarter 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 anticipate that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were paid a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. Hewlett Packard Enterprise’s payout ratio is currently 29.69%.

Insider Buying and Selling

In other news, Director Gary Reiner sold 17,000 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the sale, the director directly owned 65,072 shares in the company, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Antonio F. Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the sale, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 551,456 shares of company stock worth $35,271,258 over the last 90 days. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise Company Profile

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

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.