Hewlett Packard Enterprise Company $HPE Shares Sold by Alps Advisors Inc.

Alps Advisors Inc. lessened its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 26.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 64,110 shares of the technology company’s stock after selling 23,458 shares during the quarter. Alps Advisors Inc.’s holdings in Hewlett Packard Enterprise were worth $1,575,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Elliott Investment Management L.P. acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth approximately $381,004,000. Schroder Investment Management Group lifted its position in shares of Hewlett Packard Enterprise by 192.4% during the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after purchasing an additional 6,974,083 shares during the last quarter. Norges Bank acquired a new position in shares of Hewlett Packard Enterprise during the second quarter worth $110,093,000. Mizuho Markets Cayman LP purchased a new position in Hewlett Packard Enterprise in the second quarter valued at $105,700,000. Finally, Slate Path Capital LP raised its stake in 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. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Piper Sandler began coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price objective for the company. Barclays upped their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 price target (down from $28.00) on shares of Hewlett Packard Enterprise in a research note on Monday, November 17th. Argus boosted their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. One research 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’s stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average target price of $25.53.

Insider Transactions at Hewlett Packard Enterprise

In related news, EVP Maeve C. Culloty sold 35,958 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Kirt P. Karros sold 36,460 shares of the business’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 sale, the senior vice president directly owned 18,785 shares in the company, valued at approximately $462,298.85. This represents a 66.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 585,537 shares of company stock valued at $14,255,864 in the last three months. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Price Performance

Shares of HPE opened at $23.98 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44. The firm has a 50-day simple moving average of $23.06 and a 200-day simple moving average of $22.99. The company 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.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The firm’s revenue 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. On average, equities research analysts anticipate 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 disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were issued a dividend of $0.1425 per share. This is a boost 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%. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio is currently -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.