Hewlett Packard Enterprise Company $HPE Shares Purchased by Tredje AP fonden

Tredje AP fonden raised its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 24.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 127,494 shares of the technology company’s stock after purchasing an additional 25,327 shares during the quarter. Tredje AP fonden’s holdings in Hewlett Packard Enterprise were worth $3,131,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Elliott Investment Management L.P. bought a new position in Hewlett Packard Enterprise during the second quarter valued at about $381,004,000. Schroder Investment Management Group lifted its holdings in Hewlett Packard Enterprise by 192.4% in the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock valued at $216,754,000 after acquiring an additional 6,974,083 shares during the last quarter. Norges Bank bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $110,093,000. Mizuho Markets Cayman LP acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth approximately $105,700,000. Finally, Slate Path Capital LP raised its holdings in shares of Hewlett Packard Enterprise by 36.2% in the 2nd quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company’s stock worth $325,078,000 after purchasing an additional 4,221,678 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on HPE shares. The Goldman Sachs Group assumed coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They set a “buy” rating and a $31.00 target price for the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Morgan Stanley reduced their target price on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Citigroup decreased their price target on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $25.29.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $21.34 on Friday. The company’s fifty day moving average is $22.80 and its two-hundred day moving average is $23.07. The company has a market cap of $28.36 billion, a P/E ratio of -355.67, a price-to-earnings-growth ratio of 0.59 and a beta of 1.33. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.Hewlett Packard Enterprise’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Equities analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.7%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s payout ratio is currently -950.00%.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, EVP Maeve C. Culloty sold 35,958 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total transaction of $886,724.28. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the transaction, the senior vice president directly owned 18,785 shares in the company, valued at $462,298.85. This trade represents a 66.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 585,537 shares of company stock valued at $14,255,864 in the last 90 days. Corporate insiders own 0.44% of the company’s stock.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.