Caxton Associates LLP Acquires 92,438 Shares of Hewlett Packard Enterprise Company $HPE

Caxton Associates LLP increased its holdings in Hewlett Packard Enterprise Company (NYSE:HPEFree Report) by 106.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,024 shares of the technology company’s stock after purchasing an additional 92,438 shares during the period. Caxton Associates LLP’s holdings in Hewlett Packard Enterprise were worth $3,661,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HPE. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. CVA Family Office LLC boosted its holdings in 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 acquiring an additional 803 shares during the period. Hantz Financial Services Inc. grew its position 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 during the last quarter. Hilltop National Bank bought a new position in shares of Hewlett Packard Enterprise in the second quarter worth about $35,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Hewlett Packard Enterprise during the 1st quarter worth about $57,000. 80.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Maeve C. Culloty sold 3,738 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total transaction of $93,898.56. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gary M. Reiner sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $24.58, for a total transaction of $983,200.00. Following the transaction, the director owned 83,869 shares in the company, valued at $2,061,500.02. The trade was a 32.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 390,425 shares of company stock valued at $9,455,299 over the last three months. Company insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

HPE has been the subject of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. Wells Fargo & Company increased their price target on shares of Hewlett Packard Enterprise from $22.00 to $26.00 and gave the company an “equal weight” rating in a report on Thursday, September 4th. Citigroup boosted their price objective on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Sanford C. Bernstein initiated coverage on Hewlett Packard Enterprise in a report on Tuesday, September 16th. They issued a “market perform” rating and a $24.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $25.53.

Read Our Latest Stock Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Price Performance

Shares of HPE stock opened at $23.73 on Friday. The stock’s fifty day simple moving average is $23.28 and its 200 day simple moving average is $21.89. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $26.44. The firm has a market cap of $31.30 billion, a price-to-earnings ratio of -395.35, a P/E/G ratio of 0.65 and a beta of 1.34. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last issued its quarterly earnings data 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. The company had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The business’s revenue was up 14.7% on a year-over-year basis. During the same period last year, the business earned $0.58 earnings per share. 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. On average, analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, December 19th will be issued a dividend of $0.1425 per share. The ex-dividend date of this dividend is Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is -866.67%.

Hewlett Packard Enterprise Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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