Hewlett Packard Enterprise Company $HPE Stock Position Cut by Boston Partners

Boston Partners trimmed its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 9.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,638,401 shares of the technology company’s stock after selling 174,961 shares during the quarter. Boston Partners owned about 0.12% of Hewlett Packard Enterprise worth $33,496,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in HPE. TD Waterhouse Canada Inc. raised its holdings in Hewlett Packard Enterprise by 11.1% during the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock worth $100,000 after purchasing an additional 489 shares in the last quarter. Benson Investment Management Company Inc. increased its position in shares of Hewlett Packard Enterprise by 0.3% during 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 purchasing an additional 650 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Hewlett Packard Enterprise by 74.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,611 shares of the technology company’s stock worth $33,000 after buying an additional 687 shares in the last quarter. CVA Family Office LLC lifted its holdings in shares of Hewlett Packard Enterprise by 126.7% in 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 during the period. Finally, Itau Unibanco Holding S.A. boosted its stake in Hewlett Packard Enterprise by 28.8% during the second quarter. Itau Unibanco Holding S.A. now owns 3,910 shares of the technology company’s stock valued at $80,000 after buying an additional 874 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Trading Up 0.8%

NYSE HPE opened at $21.52 on Friday. The firm’s 50 day moving average price is $23.55 and its two-hundred day moving average price is $21.43. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.69 and a current ratio of 0.95. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The stock has a market cap of $28.40 billion, a price-to-earnings ratio of 26.25, a PEG ratio of 0.87 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 3rd. The technology company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.09). Hewlett Packard Enterprise had a return on equity of 9.01% and a net margin of 3.77%.The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $8.77 billion. During the same period last year, the business earned $0.50 EPS. The business’s quarterly revenue was up 19.8% on a year-over-year basis. 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 anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 18th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.52 dividend on an annualized basis and a yield of 2.4%. Hewlett Packard Enterprise’s payout ratio is presently 63.41%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 40,000 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $24.58, for a total value of $983,200.00. Following the completion of the sale, the director owned 83,869 shares in the company, valued at $2,061,500.02. This represents a 32.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maeve C. Culloty sold 3,738 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total transaction of $93,898.56. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 293,738 shares of company stock worth $7,252,098. 0.36% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on HPE shares. Bank of America boosted their price target on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 8th. UBS Group raised their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Citigroup upped their price target on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, October 6th. Finally, Piper Sandler began coverage on Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus price target of $25.24.

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.