Advisors Asset Management Inc. Increases Position in Hewlett Packard Enterprise Company $HPE

Advisors Asset Management Inc. boosted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 12.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 558,702 shares of the technology company’s stock after acquiring an additional 60,353 shares during the quarter. Advisors Asset Management Inc.’s holdings in Hewlett Packard Enterprise were worth $13,722,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Elliott Investment Management L.P. purchased a new position in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $381,004,000. Schroder Investment Management Group grew its holdings in Hewlett Packard Enterprise by 192.4% in the second quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock valued at $216,754,000 after purchasing an additional 6,974,083 shares during the last quarter. Norges Bank acquired a new stake in Hewlett Packard Enterprise in the second quarter valued at $110,093,000. Mizuho Markets Cayman LP purchased a new position in shares of Hewlett Packard Enterprise in the second quarter valued at $105,700,000. Finally, Slate Path Capital LP increased its position 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 buying an additional 4,221,678 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Piper Sandler started coverage on shares of Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target on the stock. Barclays increased their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. Morgan Stanley restated an “equal weight” rating and set a $25.00 price objective (down from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Finally, Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $25.53.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $23.98 on Wednesday. The stock has a market capitalization of $32.00 billion, a price-to-earnings ratio of -399.60, a price-to-earnings-growth ratio of 0.65 and a beta of 1.33. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44. The stock’s fifty day simple moving average is $23.06 and its 200-day simple moving average is $22.99.

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

Hewlett Packard Enterprise Increases Dividend

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

Insider Transactions at Hewlett Packard Enterprise

In other news, EVP Fidelma Russo sold 126,512 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were 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. The trade was a 71.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Antonio F. Neri sold 26,457 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $24.49, for a total value of $647,931.93. Following the completion of the transaction, the chief executive officer directly owned 2,101,761 shares in the company, valued at $51,472,126.89. This trade represents a 1.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 585,537 shares of company stock valued at $14,255,864 in the last quarter. Insiders own 0.36% of the company’s stock.

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.