Analog Century Management LP Invests $61.45 Million in Hewlett Packard Enterprise Company $HPE

Analog Century Management LP purchased a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,502,012 shares of the technology company’s stock, valued at approximately $61,449,000. Hewlett Packard Enterprise makes up about 3.3% of Analog Century Management LP’s portfolio, making the stock its 20th largest holding. Analog Century Management LP owned approximately 0.19% of Hewlett Packard Enterprise as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in the company. Mcintyre Freedman & Flynn Investment Advisers Inc. raised its holdings in Hewlett Packard Enterprise by 743.7% in the 2nd quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after purchasing an additional 135,725 shares during the period. Caxton Associates LLP grew its holdings in Hewlett Packard Enterprise by 106.8% during the 2nd quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after buying an additional 92,438 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Hewlett Packard Enterprise by 7.2% during the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock valued at $81,315,000 after purchasing an additional 266,600 shares during the last quarter. Knights of Columbus Asset Advisors LLC grew its position in shares of Hewlett Packard Enterprise by 118.8% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company’s stock valued at $3,567,000 after purchasing an additional 78,859 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its position in shares of Hewlett Packard Enterprise by 12.1% during the third quarter. Advisors Asset Management Inc. now owns 558,702 shares of the technology company’s stock valued at $13,722,000 after purchasing an additional 60,353 shares in the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of Hewlett Packard Enterprise stock in a transaction on Monday, December 29th. The shares were 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 owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. The trade was a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the transaction, the senior vice president owned 18,785 shares of the company’s stock, valued at approximately $462,298.85. This trade represents a 66.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Bank of America upped their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday. Citigroup boosted their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday. Morgan Stanley upped their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.50.

Hewlett Packard Enterprise Trading Up 0.1%

NYSE HPE opened at $21.60 on Friday. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.76. The company has a market capitalization of $28.70 billion, a PE ratio of -113.66, a P/E/G ratio of 0.56 and a beta of 1.31. The company has a fifty day moving average of $21.91 and a 200 day moving average of $23.05.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period last year, the business earned $0.49 earnings per share. Hewlett Packard Enterprise’s quarterly revenue was up 18.4% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Research analysts forecast that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is currently -300.00%.

Hewlett Packard Enterprise 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.