AMF Tjanstepension AB Takes Position in Hewlett Packard Enterprise Company $HPE

AMF Tjanstepension AB purchased a new position in Hewlett Packard Enterprise Company (NYSE:HPE) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 964,659 shares of the technology company’s stock, valued at approximately $23,692,000. AMF Tjanstepension AB owned approximately 0.07% of Hewlett Packard Enterprise as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. TFC Financial Management Inc. raised its position in shares of Hewlett Packard Enterprise by 2,694.4% in the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock valued at $25,000 after purchasing an additional 970 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Hewlett Packard Enterprise in the second quarter valued at $26,000. CVA Family Office LLC raised its holdings in Hewlett Packard Enterprise by 126.7% in the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock valued at $29,000 after acquiring an additional 803 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Hewlett Packard Enterprise by 74.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,611 shares of the technology company’s stock valued at $33,000 after acquiring an additional 687 shares during the last quarter. Finally, Hilltop National Bank acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth $35,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Argus upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Piper Sandler started coverage on Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price objective on the stock. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. 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 note on Monday, November 17th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $25.53.

Insider Activity at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This represents a 1.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeremy Cox sold 13,463 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.68, for a total transaction of $332,266.84. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 585,537 shares of company stock worth $14,255,864 in the last three months. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

HPE opened at $21.05 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The business’s 50 day moving average is $22.76 and its 200-day moving average is $22.82. The stock has a market cap of $28.09 billion, a PE ratio of -350.77, a price-to-earnings-growth ratio of 0.58 and a beta of 1.32. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last posted 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 for the quarter, compared to analysts’ expectations of $9.91 billion. During the same period last year, the firm earned $0.58 EPS. The firm’s 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. On average, analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio is -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.