Arkadios Wealth Advisors Purchases New Position in Hewlett Packard Enterprise Company $HPE

Arkadios Wealth Advisors acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 31,432 shares of the technology company’s stock, valued at approximately $772,000.

Several other institutional investors have also modified their holdings of HPE. Vanguard Group Inc. increased its position in shares of Hewlett Packard Enterprise by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 169,804,055 shares of the technology company’s stock valued at $3,472,493,000 after purchasing an additional 2,604,059 shares during the last quarter. Geode Capital Management LLC boosted its stake in Hewlett Packard Enterprise by 2.2% during the second quarter. Geode Capital Management LLC now owns 34,421,976 shares of the technology company’s stock worth $701,864,000 after buying an additional 724,974 shares during the period. Elliott Investment Management L.P. bought a new position in Hewlett Packard Enterprise during the second quarter valued at $381,004,000. Slate Path Capital LP raised its stake in shares of Hewlett Packard Enterprise by 36.2% in the second quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company’s stock valued at $325,078,000 after acquiring an additional 4,221,678 shares during the period. Finally, Schroder Investment Management Group lifted its holdings in shares of Hewlett Packard Enterprise by 192.4% in the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after acquiring an additional 6,974,083 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Trading Down 1.5%

HPE opened at $21.05 on Monday. 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’s fifty day moving average is $22.76 and its two-hundred day moving average is $22.84. The company has a market capitalization of $28.09 billion, a P/E ratio of -350.77, a PEG ratio of 0.58 and a beta of 1.32. 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 issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. The business 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 for the quarter was up 14.7% compared to the same quarter last year. During the same period 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. Analysts forecast 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 given a dividend of $0.1425 per share. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. 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 2.7%. Hewlett Packard Enterprise’s payout ratio is -950.00%.

Analyst Ratings Changes

Several equities analysts recently commented on HPE shares. Morgan Stanley reiterated an “equal weight” rating and set a $25.00 price target (down from $28.00) on shares of Hewlett Packard Enterprise in a report on Monday, November 17th. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. UBS Group increased their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Barclays boosted their price objective on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. Finally, Citigroup lifted their target price on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $25.53.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the sale, the chief executive officer owned 2,101,761 shares in the company, valued at $51,472,126.89. This represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maeve C. Culloty sold 35,958 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 585,537 shares of company stock worth $14,255,864. 0.36% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Company 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.