US Bancorp DE Sells 63,844 Shares of Hewlett Packard Enterprise Company $HPE

US Bancorp DE cut its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 33.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 129,495 shares of the technology company’s stock after selling 63,844 shares during the period. US Bancorp DE’s holdings in Hewlett Packard Enterprise were worth $3,180,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of HPE. TFC Financial Management Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock valued at $25,000 after purchasing an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Hewlett Packard Enterprise by 176.7% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after buying an additional 666 shares during the period. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. Chilton Capital Management LLC acquired a new position in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $30,000. Finally, Clearstead Trust LLC increased its position in shares of Hewlett Packard Enterprise by 93.8% during the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after acquiring an additional 625 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Stock Down 2.2%

Hewlett Packard Enterprise stock opened at $21.65 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. The company’s 50-day moving average is $22.34 and its 200-day moving average is $23.09. The firm has a market capitalization of $28.77 billion, a PE ratio of -360.77, a P/E/G ratio of 0.61 and a beta of 1.31. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. During the same period last year, the firm posted $0.58 earnings per share. The business’s revenue was up 14.7% on a year-over-year basis. 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. Sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 2.6%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -950.00%.

Analyst Ratings Changes

A number of brokerages recently weighed in on HPE. Argus upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. The Goldman Sachs Group initiated coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They set a “buy” rating and a $31.00 price target for the company. Citigroup decreased their target price on shares of 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. Finally, Morgan Stanley decreased their price objective on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus target price of $25.29.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Maeve C. Culloty sold 35,958 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total value of $886,724.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $24.49, for a total value of $647,931.93. Following the completion of the transaction, the chief executive officer directly owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. This represents a 1.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 585,537 shares of company stock valued at $14,255,864. 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.