Metis Global Partners LLC Has $1.44 Million Holdings in Hewlett Packard Enterprise Company $HPE

Metis Global Partners LLC trimmed its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 17.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,481 shares of the technology company’s stock after selling 14,755 shares during the quarter. Metis Global Partners LLC’s holdings in Hewlett Packard Enterprise were worth $1,441,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Benson Investment Management Company Inc. lifted its position in shares of Hewlett Packard Enterprise by 0.3% in the 2nd quarter. Benson Investment Management Company Inc. now owns 227,291 shares of the technology company’s stock valued at $4,648,000 after acquiring an additional 650 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 74.4% in the second quarter. Hantz Financial Services Inc. now owns 1,611 shares of the technology company’s stock valued at $33,000 after purchasing an additional 687 shares in the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of Hewlett Packard Enterprise by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 70,600 shares of the technology company’s stock valued at $1,089,000 after purchasing an additional 700 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Hewlett Packard Enterprise by 16.7% in the first quarter. Larson Financial Group LLC now owns 5,370 shares of the technology company’s stock worth $83,000 after buying an additional 769 shares during the period. Finally, CVA Family Office LLC grew its holdings in shares of Hewlett Packard Enterprise by 126.7% during the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock valued at $29,000 after buying an additional 803 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

HPE has been the subject of a number of research reports. UBS Group raised their price objective on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Wells Fargo & Company raised their price target on shares of Hewlett Packard Enterprise from $22.00 to $26.00 and gave the stock an “equal weight” rating in a report on Thursday, September 4th. Bank of America boosted their price objective on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, September 2nd. Susquehanna increased their target price on shares of Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, September 4th. Finally, Zacks Research cut shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $25.41.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $23.89 on Tuesday. The company’s fifty day moving average is $24.20 and its 200-day moving average is $21.04. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The firm has a market cap of $31.52 billion, a price-to-earnings ratio of 29.13, a price-to-earnings-growth ratio of 1.31 and a beta of 1.43. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.69.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Wednesday, September 3rd. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.09). The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $8.77 billion. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The firm’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.50 EPS. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. Equities analysts expect that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 18th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, September 18th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 63.41%.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 166,666 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the completion of the sale, the chief executive officer owned 1,585,726 shares of the company’s stock, valued at $39,690,721.78. This represents a 9.51% 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 Maeve C. Culloty sold 3,738 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total value of $93,898.56. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 543,738 shares of company stock worth $12,922,932. 0.36% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.