Hewlett Packard Enterprise Company $HPE Shares Newly Purchased by Ellis Investment Partners LLC

Ellis Investment Partners LLC bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,133 shares of the technology company’s stock, valued at approximately $1,478,000.

A number of other hedge funds also recently made changes to their positions in HPE. Irenic Capital Management LP acquired a new position in Hewlett Packard Enterprise during the 1st quarter worth about $18,691,000. Gunderson Capital Management LLC purchased a new position in Hewlett Packard Enterprise during the third quarter worth about $15,409,000. Generate Investment Management Ltd purchased a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter valued at $19,340,000. Sanders Morris Harris LLC bought a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter worth approximately $1,661,000. Finally, Parkway Wealth Management Group LLC boosted its holdings in Hewlett Packard Enterprise by 36.7% in the 3rd quarter. Parkway Wealth Management Group LLC now owns 110,121 shares of the technology company’s stock worth $7,036,000 after buying an additional 29,551 shares during the period. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: AI infrastructure read-through: Super Micro Computer reported preliminary quarterly revenue above its forecast and projected improved gross margins, sending shares sharply higher and lifting other AI-server suppliers, including HPE. The update provides fresh evidence of robust demand for AI computing infrastructure. Super Micro Surges as Preliminary Revenue Tops Guidance
• Positive Sentiment: New AI-focused servers: HPE introduced ProLiant Gen13 systems powered by AMD EPYC processors, targeting AI inference, agentic AI, simulations and other data-intensive workloads. The systems offer greater core density, memory and security features, strengthening HPE’s positioning in higher-value enterprise infrastructure. HPE Gen13 Server Launch
• Positive Sentiment: Customer and strategic validation: The Miami HEAT selected HPE to modernize wireless and wired networking at Kaseya Center, while HPE also plans to deploy its Spaceborne Computer 4 for AI and high-performance computing benchmarks on the Moon. These announcements support HPE’s networking, edge-computing and advanced-computing growth narrative, though their near-term financial impact is likely limited. Miami Heat Selects HPE
• Neutral Sentiment: Mixed investor view: HPE reportedly has a record backlog and strong earnings growth, but recent volatility shows that investors remain focused on whether AI-related demand and spending can be sustained. HPE Growth and Valuation
• Negative Sentiment: Lower analyst price target: Barclays reduced its HPE price target from $83 to $77, signaling more cautious expectations despite the company’s growth prospects. Concerns about valuation and the sustainability of AI spending could limit further upside. Barclays Cuts HPE Price Target

Insider Activity

In other Hewlett Packard Enterprise news, CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $68.31, for a total value of $17,077,500.00. Following the completion of the sale, the chief executive officer owned 1,182,393 shares in the company, valued at $80,769,265.83. This represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director directly owned 65,072 shares in the company, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 551,456 shares of company stock valued at $35,271,258 in the last 90 days. Company insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

HPE has been the subject of several recent analyst reports. The Goldman Sachs Group boosted their price objective on Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Susquehanna reduced their target price on shares of Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Raymond James Financial increased their target price on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Truist Financial reissued a “buy” rating and set a $75.00 price objective (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Finally, Wells Fargo & Company increased their price target on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a research report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and a consensus target price of $65.44.

Hewlett Packard Enterprise Stock Up 3.4%

Hewlett Packard Enterprise stock traded up $1.89 during trading hours on Wednesday, hitting $57.98. The stock had a trading volume of 6,540,168 shares, compared to its average volume of 21,285,764. The stock has a market capitalization of $76.96 billion, a P/E ratio of 30.16, a price-to-earnings-growth ratio of 0.50 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 company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The stock’s 50-day moving average price is $59.40 and its 200-day moving average price is $46.95.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the prior year, the company posted $0.44 earnings per share. The company’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. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were given a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Hewlett Packard Enterprise 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.