Hewlett Packard Enterprise Company $HPE Stock: Crossmark Global Holdings Inc. Cuts Stake

Crossmark Global Holdings Inc. reduced its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 8.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 579,833 shares of the technology company’s stock after selling 50,329 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Hewlett Packard Enterprise were worth $37,046,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Triumph Capital Management raised its stake in Hewlett Packard Enterprise by 208.6% in the third quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock valued at $30,000 after purchasing an additional 315 shares in the last quarter. Delos Wealth Advisors LLC bought a new stake in Hewlett Packard Enterprise during the second quarter worth about $27,000. Pension & Wealth Management Advisors Inc. acquired a new stake in Hewlett Packard Enterprise during the third quarter worth about $40,000. First Bancorp Inc ME acquired a new stake in Hewlett Packard Enterprise during the second quarter worth about $30,000. Finally, Bullock Wealth Management Group acquired a new stake in Hewlett Packard Enterprise during the third quarter worth about $48,000. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: AI infrastructure demand lifted the sector. Super Micro raised its quarterly revenue outlook and projected better gross margins, sending its shares sharply higher and pulling HPE and Dell Technologies along with it. The update provided fresh evidence that spending on AI computing infrastructure remains strong. Why are Dell and HPE stocks rising in premarket trading on Wednesday?
• Positive Sentiment: New ProLiant Gen13 servers expand HPE’s AI opportunity. HPE launched servers using sixth-generation AMD EPYC processors, targeting AI inference, agentic AI, data-intensive simulations and financial modeling. Higher core density, expanded memory and enhanced security features could support higher-value infrastructure sales. Learn Why The Bull Case For HPE Stock Could Change Following Gen13 Server Launch
• Positive Sentiment: Commercial and strategic projects add visibility. The Miami Heat selected HPE to modernize wired and wireless networking at Kaseya Center, while HPE’s Spaceborne Computer 4 is planned to run high-performance computing and AI benchmarks on the Moon. These projects are unlikely to materially affect near-term revenue but enhance HPE’s technology profile and potential customer relationships. Miami Heat Selects Hewlett Packard Enterprise to Modernize Infrastructure
• Neutral Sentiment: Investors remain focused on execution. HPE recently reported earnings and revenue above consensus estimates, but the stock’s substantial rally has increased scrutiny of valuation, backlog conversion and the durability of AI-related demand.
• Negative Sentiment: Analyst skepticism remains a risk. A recent downgrade triggered significant selling despite strong earnings growth and a record backlog, highlighting concerns that optimistic AI expectations may already be reflected in HPE’s valuation. HPE Has a 12x Forward PE and 400% Growth

Hewlett Packard Enterprise Stock Up 3.6%

Shares of NYSE:HPE opened at $58.11 on Thursday. The firm has a market cap of $77.14 billion, a P/E ratio of 30.27, a P/E/G 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 business has a fifty day simple moving average of $59.39 and a 200 day simple moving average of $47.18. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 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 analyst estimates of $11.97 billion. During the same quarter in the previous year, the company posted $0.44 EPS. The business’s 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. Analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

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

Insider Buying and Selling

In other Hewlett Packard Enterprise news, EVP Rami Rahim sold 34,456 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the completion of the sale, the executive vice president owned 875,133 shares of the company’s stock, valued at approximately $53,750,668.86. This represents a 3.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director 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 a total of 551,456 shares of company stock valued at $35,271,258 over the last ninety days. 0.44% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on HPE shares. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 4th. Wells Fargo & Company upped their price target on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 1st. They set a “buy” rating and a $62.00 price target for the company. Piper Sandler increased their price target on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, October 1st. Finally, Evercore lifted their price objective on shares of Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research note on Thursday, October 1st. Two 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. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and an average target price of $65.44.

Hewlett Packard Enterprise Company 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.