10,501 Hewlett Packard Enterprise Company $HPE Shares Sold by Aberdeen Group plc

Aberdeen Group plc cut its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,873,806 shares of the technology company’s stock after selling 10,501 shares during the quarter. Aberdeen Group plc’s holdings in Hewlett Packard Enterprise were worth $119,717,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Delos Wealth Advisors LLC bought a new stake in Hewlett Packard Enterprise during the second quarter worth $27,000. First Bancorp Inc ME bought a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $30,000. Triumph Capital Management grew its position in shares of Hewlett Packard Enterprise by 208.6% in the 3rd quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock valued at $30,000 after acquiring an additional 315 shares during the period. Ramsey Quantitative Systems bought a new position in shares of Hewlett Packard Enterprise in the 3rd quarter valued at about $31,000. Finally, Three Bridge Wealth Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth about $32,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Bank of America lifted their price target on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $65.00 to $75.00 in a research note on Friday, October 2nd. Argus reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, September 4th. Wells Fargo & Company lifted their target price on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 1st. Finally, Citigroup boosted their target price on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and an average price target of $65.44.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE traded down $1.95 during mid-day trading on Friday, reaching $48.21. 10,710,760 shares of the company’s stock were exchanged, compared to its average volume of 15,784,014. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The business’s fifty day simple moving average is $58.85 and its two-hundred day simple moving average is $42.08. The firm has a market capitalization of $64.00 billion, a PE ratio of 25.11, a price-to-earnings-growth ratio of 0.33 and a beta of 1.46.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating 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 firm had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same period in the previous year, the firm earned $0.44 EPS. The company’s quarterly 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. Analysts anticipate that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is currently 29.69%.

More Hewlett Packard Enterprise News

These are some of the HPE news items that stood out recently:

• Positive Sentiment: HPE retained a Moderate Buy assessment following an earnings beat, reinforcing the positive view among analysts cited in the coverage. Article: Hewlett Packard Enterprise stock keeps Moderate Buy after beat
• Neutral Sentiment: HPE’s shares have gained substantially over the past year, with investors weighing AI servers, Juniper networking and GreenLake recurring revenue against reported legal, tariff and activist-related concerns. The strong prior performance may also raise expectations. Article: What Comes Next For Hewlett Packard Enterprise After A 118% Gain
• Negative Sentiment: A technical analysis article describes bearish pressure testing support and soft momentum, suggesting near-term trading sentiment remains weak despite the longer-term AI growth case. Article: HPE Stock Price Prediction: Bearish pressure tests support

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 250,000 shares of Hewlett Packard Enterprise 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 transaction, the chief executive officer owned 1,182,393 shares in the company, valued at $80,769,265.83. The trade was a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of the business’s 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 transaction, the director directly 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 SEC filing for this sale provides additional information. Insiders have sold 585,899 shares of company stock valued at $37,270,329 over the last ninety days. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing. HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.