Wealth Enhancement Advisory Services LLC Buys 34,232 Shares of Hewlett Packard Enterprise Company $HPE

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 248,350 shares of the technology company’s stock after buying an additional 34,232 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Hewlett Packard Enterprise were worth $5,908,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HPE. TFC Financial Management Inc. boosted its holdings in Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after acquiring an additional 970 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after acquiring an additional 666 shares in the last quarter. Chilton Capital Management LLC purchased a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at about $30,000. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise during the second quarter valued at about $26,000. Finally, Clearstead Trust LLC lifted its position in shares of Hewlett Packard Enterprise by 93.8% during the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after purchasing an additional 625 shares in the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HPE. Citigroup upped their price objective 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, March 11th. Morgan Stanley upped their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, March 10th. The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price target for the company. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Argus boosted their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $26.50.

Hewlett Packard Enterprise Stock Up 0.1%

HPE opened at $23.97 on Monday. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The company’s 50-day moving average price is $22.01 and its two-hundred day moving average price is $23.03. The stock has a market cap of $31.80 billion, a price-to-earnings ratio of -126.15, a PEG ratio of 0.61 and a beta of 1.31. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The company had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter last year, the business posted $0.49 EPS. Hewlett Packard Enterprise’s quarterly revenue was up 18.4% compared to the same quarter last year. 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. As a group, equities analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th will be given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.

Insider Transactions at Hewlett Packard Enterprise

In other news, EVP Neil B. Macdonald sold 112,652 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total transaction of $2,826,438.68. Following the completion of the transaction, the executive vice president owned 56,494 shares in the company, valued at approximately $1,417,434.46. This represents a 66.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Antonio F. Neri sold 264,432 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.18, for a total value of $6,658,397.76. Following the completion of the sale, the chief executive officer directly owned 1,837,329 shares of the company’s stock, valued at approximately $46,263,944.22. This trade represents a 12.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 411,085 shares of company stock worth $10,337,582. 0.44% of the stock is owned by company insiders.

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.