Mirae Asset Global Investments Co. Ltd. Buys New Stake in Hewlett Packard Enterprise Company $HPE

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the 3rd quarter, HoldingsChannel reports. The fund purchased 357,396 shares of the technology company’s stock, valued at approximately $22,834,000.

Other large investors have also recently bought and sold shares of the company. Elliott Investment Management L.P. raised its stake in Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after acquiring an additional 8,790,757 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $1,027,139,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $773,225,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Hewlett Packard Enterprise by 6.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock valued at $590,435,000 after purchasing an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $512,721,000. 80.78% of the stock is currently owned by institutional investors.

Insider Activity at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $60.44, for a total value of $15,110,000.00. Following the sale, the chief executive officer owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director owned 65,072 shares in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 585,899 shares of company stock worth $37,270,329 over the last 90 days. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: Favorable value and income ratings: Zacks added HPE to its Rank #1 (Strong Buy) lists for both value and income stocks, citing its valuation and income characteristics. Best Income Stocks to Buy for November 3rd Best Value Stocks to Buy for November 3rd
• Positive Sentiment: AI and telecom initiatives: Recent reports highlight HPE’s participation in a lunar AI test and the release of an Ericsson 5G Core model, developments that could support its positioning in specialized AI infrastructure and telecom modernization. Hewlett Packard Enterprise stock heads for lunar AI test HPE releases Ericsson 5G Core model for telecom evolution
• Neutral Sentiment: Upcoming earnings catalyst: HPE will report fiscal fourth-quarter 2026 results after the period ending October 31, with an analyst webcast scheduled for November 23. Investors may remain cautious ahead of the update, which should provide insight into AI-server demand, margins and forward guidance. HPE to Present Live Audio Webcast of Fiscal 2026 Fourth Quarter Earnings Conference Call
• Negative Sentiment: Broad AI-server selloff: HPE fell alongside Super Micro Computer and Dell as investors extended a sector-wide retreat in AI-server stocks ahead of Super Micro’s earnings. This broader risk-off pressure is the main apparent reason HPE is trading lower today. Super Micro Drops 5% Ahead of Earnings as AI Server Selloff Extends

Analysts Set New Price Targets

A number of brokerages recently issued reports on HPE. Raymond James Financial increased their target price on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Truist Financial restated a “buy” rating and issued a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, October 1st. Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. Susquehanna dropped their price objective on shares of Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating for the company in a report on Friday, September 4th. Finally, Barclays cut shares of Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $83.00 to $77.00 in a research note on Wednesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.44.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock opened at $51.11 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The firm has a 50 day simple moving average of $59.66 and a 200 day simple moving average of $40.86. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56. The firm has a market cap of $67.85 billion, a P/E ratio of 26.62, a P/E/G ratio of 0.54 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The business’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 EPS. 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. Sell-side analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were issued a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

About Hewlett Packard Enterprise

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.