Hewlett Packard Enterprise Company $HPE Shares Sold by Vest Financial LLC

Vest Financial LLC lessened its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 39.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,950 shares of the technology company’s stock after selling 43,183 shares during the period. Vest Financial LLC’s holdings in Hewlett Packard Enterprise were worth $1,620,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HPE. McAdam LLC acquired a new stake in Hewlett Packard Enterprise during the 3rd quarter worth approximately $213,000. Root Financial Partners LLC acquired a new position in Hewlett Packard Enterprise during the third quarter valued at approximately $180,000. Fisher Funds Management LTD purchased a new stake in Hewlett Packard Enterprise during the third quarter worth approximately $1,318,000. Arkadios Wealth Advisors acquired a new stake in shares of Hewlett Packard Enterprise in the third quarter worth $772,000. Finally, Courier Capital LLC acquired a new stake in shares of Hewlett Packard Enterprise in the third quarter worth $221,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 126,512 shares of Hewlett Packard Enterprise stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the sale, the executive vice president directly owned 51,002 shares in the company, valued at $1,255,159.22. The trade was a 71.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John F. Schultz sold 148,501 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the sale, the executive vice president owned 248,091 shares in the company, valued at $6,199,794.09. This trade represents a 37.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 585,537 shares of company stock worth $14,255,864 in the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Morgan Stanley reissued an “equal weight” rating and issued a $25.00 price objective (down from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Citigroup increased their target price on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Piper Sandler assumed coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price target on the stock. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Argus increased their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.53.

Hewlett Packard Enterprise Price Performance

Shares of HPE opened at $21.35 on Friday. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The firm has a market cap of $28.49 billion, a price-to-earnings ratio of -355.77, a PEG ratio of 0.58 and a beta of 1.32. The stock has a 50 day moving average of $22.79 and a 200-day moving average of $22.81.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The business had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.91 billion. During the same period in the previous year, the business posted $0.58 EPS. The company’s quarterly 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. As a group, analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -950.00%.

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.