Skandinaviska Enskilda Banken AB publ Has $10.39 Million Holdings in Hewlett Packard Enterprise Company $HPE

Skandinaviska Enskilda Banken AB publ increased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 48.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 423,100 shares of the technology company’s stock after buying an additional 137,888 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Hewlett Packard Enterprise were worth $10,391,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Elliott Investment Management L.P. bought a new position in shares of Hewlett Packard Enterprise during the second quarter valued at $381,004,000. Schroder Investment Management Group increased its position in shares of Hewlett Packard Enterprise by 192.4% during the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after purchasing an additional 6,974,083 shares in the last quarter. Norges Bank bought a new position in Hewlett Packard Enterprise during the 2nd quarter valued at about $110,093,000. Mizuho Markets Cayman LP acquired a new position in Hewlett Packard Enterprise in the second quarter valued at about $105,700,000. Finally, Slate Path Capital LP grew its stake in Hewlett Packard Enterprise by 36.2% during the second quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company’s stock worth $325,078,000 after buying an additional 4,221,678 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 126,512 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.61, for a total value of $3,113,460.32. Following the transaction, the executive vice president owned 51,002 shares of the company’s stock, valued at approximately $1,255,159.22. This represents a 71.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeremy Cox sold 13,463 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.68, for a total value of $332,266.84. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 585,537 shares of company stock worth $14,255,864. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $21.57 on Thursday. The business’s 50-day simple moving average is $22.91 and its 200 day simple moving average is $23.05. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. The stock has a market cap of $28.66 billion, a price-to-earnings ratio of -359.36, a P/E/G ratio of 0.60 and a beta of 1.33. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. During the same period in the prior year, the company posted $0.58 EPS. The company’s revenue was up 14.7% compared to the same quarter last year. 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, research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share 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 issued a dividend of $0.1425 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.6%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -950.00%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HPE shares. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price for the company. Citigroup reduced their price objective on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday. Morgan Stanley decreased their target price on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Finally, Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $25.29.

Hewlett Packard Enterprise Profile

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.