Financial Consulate Inc. Purchases Shares of 27,230 Hewlett Packard Enterprise Company $HPE

Financial Consulate Inc. acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 27,230 shares of the technology company’s stock, valued at approximately $669,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cantor Fitzgerald Investment Advisors L.P. boosted its holdings in Hewlett Packard Enterprise by 0.3% during the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 728,192 shares of the technology company’s stock worth $17,884,000 after buying an additional 1,847 shares in the last quarter. Mather Group LLC. bought a new position in shares of Hewlett Packard Enterprise in the third quarter valued at $175,000. Miracle Mile Advisors LLC acquired a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter valued at $230,000. Nicholas Wealth LLC. acquired a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter valued at $232,000. Finally, Carnegie Lake Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter worth $206,000. 80.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HPE. The Goldman Sachs Group boosted their target price on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. UBS Group lifted their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Susquehanna lifted 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. 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 stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $25.53.

Insider Buying and Selling

In other news, EVP Fidelma Russo sold 126,512 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the completion of the sale, the executive vice president directly owned 51,002 shares of the company’s stock, valued at $1,255,159.22. This trade represents a 71.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John F. Schultz sold 148,501 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.99, for a total value of $3,711,039.99. Following the completion of the sale, the executive vice president directly owned 248,091 shares of the company’s stock, valued at approximately $6,199,794.09. The trade was a 37.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 585,537 shares of company stock worth $14,255,864. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Price Performance

NYSE HPE opened at $23.85 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. The firm has a market capitalization of $31.83 billion, a price-to-earnings ratio of -397.43, a price-to-earnings-growth ratio of 0.66 and a beta of 1.32. The company has a 50 day simple moving average of $23.27 and a 200-day simple moving average of $22.48. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 EPS. 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. Equities research analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.

About Hewlett Packard Enterprise

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.