12,873 Hewlett Packard Enterprise Company $HPE Shares Purchased by Ethic Inc.

Ethic Inc. raised its position in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 5.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,210 shares of the technology company’s stock after purchasing an additional 12,873 shares during the period. Ethic Inc.’s holdings in Hewlett Packard Enterprise were worth $14,964,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Triumph Capital Management raised its position in shares of 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 buying an additional 315 shares during the last quarter. Ramsey Quantitative Systems acquired a new stake in Hewlett Packard Enterprise during the third quarter worth approximately $31,000. Latitude Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the third quarter worth approximately $37,000. Delos Wealth Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the second quarter worth approximately $27,000. Finally, Pension & Wealth Management Advisors Inc. acquired a new stake in Hewlett Packard Enterprise during the third quarter worth approximately $40,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the completion of the sale, the chief executive officer directly owned 1,182,393 shares in the company, valued at $80,769,265.83. This represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of the firm’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 completion of the transaction, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 585,899 shares of company stock worth $37,270,329 over the last three months. 0.44% of the stock is owned by insiders.

Trending Headlines about Hewlett Packard Enterprise

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

  • Positive Sentiment: HPE’s networking rollout connects EdgeConnect with Mist and Aruba Central, bringing security, wired and wireless management into a unified, increasingly automated platform. This could strengthen its networking offering, though the article does not report financial results from the rollout. HPE networking rollout and valuation
  • Positive Sentiment: HPE shares participated in a partial recovery among AI-server stocks after the group’s post-midterm sell-off. The rebound suggests some buyers returned to the sector, although trading across the group remains volatile. AI-server stocks rebound
  • Neutral Sentiment: Valuation articles argue HPE may be substantially undervalued following its pullback and raised outlook. These are analyst-style assessments, not new company results or guarantees of a recovery. HPE valuation commentary
  • Negative Sentiment: Super Micro Computer’s collaboration with NVIDIA adds to competition in AI servers, a key growth market for HPE. Its new GPU, cooling and rack-scale offerings could challenge HPE and other rivals. Super Micro and NVIDIA collaboration

Hewlett Packard Enterprise Price Performance

HPE opened at $44.73 on Friday. The company’s 50 day simple moving average is $59.20 and its 200 day simple moving average is $41.39. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $73.56. The stock has a market capitalization of $59.38 billion, a PE ratio of 23.30, a P/E/G ratio of 0.29 and a beta of 1.46.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the previous year, the firm earned $0.44 earnings per share. Hewlett Packard Enterprise’s 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. As a group, sell-side analysts expect that Hewlett Packard Enterprise Company will post 3.35 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders 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 yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 30th. Argus reissued a “buy” rating and set a $70.00 price target on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Loop Capital decreased their price objective on Hewlett Packard Enterprise from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Tuesday, September 8th. Evercore lifted their price objective on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Finally, Weiss Ratings raised Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $65.44.

View Our Latest Stock Analysis on HPE

Hewlett Packard Enterprise Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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