Legal & General Group Plc Has $325.21 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

Legal & General Group Plc increased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.3% during the 3rd quarter, Holdings Channel reports. The fund owned 13,241,459 shares of the technology company’s stock after buying an additional 36,765 shares during the quarter. Legal & General Group Plc’s holdings in Hewlett Packard Enterprise were worth $325,210,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. TFC Financial Management Inc. raised its holdings in Hewlett Packard Enterprise by 2,694.4% in the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after purchasing an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Hewlett Packard Enterprise by 176.7% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after purchasing an additional 666 shares in the last quarter. Chilton Capital Management LLC acquired a new position in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $30,000. Headlands Technologies LLC acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $26,000. Finally, Clearstead Trust LLC increased its position in shares of Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after buying an additional 625 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Activity

In other news, SVP Kirt P. Karros sold 36,460 shares of the stock in a transaction dated Wednesday, December 24th. The shares were 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 represents a 66.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Antonio F. Neri sold 26,457 shares of the firm’s stock in a transaction dated 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 owned 2,101,761 shares of the company’s stock, valued at $51,472,126.89. The trade was a 1.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on HPE. Bank of America lifted their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Argus lifted their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $26.50.

Hewlett Packard Enterprise Trading Up 1.6%

NYSE HPE opened at $21.44 on Thursday. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.76 and a current ratio of 1.03. The stock’s 50 day moving average price is $22.00 and its two-hundred day moving average price is $23.07. The stock has a market capitalization of $28.48 billion, a price-to-earnings ratio of -112.82, a PEG ratio of 0.58 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The firm’s revenue was up 18.4% compared to the same quarter last year. During the same period last year, the company earned $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th will be paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is presently -300.00%.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE beat Q1 non-GAAP EPS estimates and raised its FY‑2026 profit outlook; management flagged strong AI/hardware demand and a higher-than-expected Q2 revenue guide — a primary driver of the stock lift. HPE reports mixed first quarter results but raises 2026 profit outlook
• Positive Sentiment: Analysts are upgrading valuations: Bank of America raised its PT from $29 to $32 (buy), Citigroup raised its PT to $27 (buy), and Morgan Stanley bumped its PT to $25 (equal weight) — signaling stronger sell‑side conviction in HPE’s AI/networking growth. Analyst price target actions (BofA, Citi, MS)
• Positive Sentiment: CEO Antonio Neri and interviews (Bloomberg/Barron’s coverage) emphasize AI hardware pull‑through and networking strength as the demand engine behind the raised sales forecast, supporting revenue durability for investors focused on AI infrastructure exposure. AI Hardware Demand Drives HPE Sales Forecast
• Positive Sentiment: Short interest dropped ~12% in late‑February (to ~78.9M shares), reducing one source of downward pressure and potentially supporting fewer short‑led selloffs on positive news.
• Positive Sentiment: HPE declared a quarterly dividend (record Mar 24, payable Apr 23), which modestly supports income‑oriented holders and signals confidence in cash flow stability.
• Neutral Sentiment: Deeper analysis pieces compare HPE’s Q1 metrics vs. Wall Street and prior year, useful for modeling but not news‑moving by itself. Zacks: How Q1 metrics compare to estimates
• Neutral Sentiment: Structural shift: networking now represents a much larger share of revenue and an oversized share of profits — positive for margins long term but creates concentration risk tied to AI/data‑center cycles. Networking now 30% of HPE revenue
• Negative Sentiment: Security risk: HPE warned of a critical AOS‑CX vulnerability that can allow admin password resets — a reputational and potential support/cost issue for customers and investors focused on product risk. HPE warns of critical AOS-CX flaw
• Negative Sentiment: Macro/geopolitical moves pressured equities generally in afternoon sessions (Middle East developments, volatile oil) and briefly pulled HPE shares lower amid market‑wide risk‑off flows. Stocks fall after geopolitical developments
• Negative Sentiment: Memory supply shortages persist — HPE is using price hikes to manage costs, which supports margins but risks demand elasticity and could pressure volumes if component constraints worsen. Digitimes: memory shortages and pricing strategy

Hewlett Packard Enterprise Profile

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.