Caprock Group LLC Purchases Shares of 131,756 Hewlett Packard Enterprise Company $HPE

Caprock Group LLC acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 131,756 shares of the technology company’s stock, valued at approximately $2,974,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Mcintyre Freedman & Flynn Investment Advisers Inc. lifted its holdings in Hewlett Packard Enterprise by 743.7% during the 2nd quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock valued at $3,149,000 after purchasing an additional 135,725 shares during the last quarter. Caxton Associates LLP raised its position in shares of Hewlett Packard Enterprise by 106.8% in the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after purchasing an additional 92,438 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $2,522,000. 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 worth $81,315,000 after buying an additional 266,600 shares during the period. Finally, Knights of Columbus Asset Advisors LLC grew its stake in Hewlett Packard Enterprise by 118.8% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company’s stock valued at $3,567,000 after buying an additional 78,859 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Maeve C. Culloty sold 35,958 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Fidelma Russo sold 126,512 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the transaction, the executive vice president owned 51,002 shares of the company’s stock, valued at approximately $1,255,159.22. This represents a 71.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 585,537 shares of company stock valued at $14,255,864. Corporate insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $22.20 on Friday. The firm has a 50 day moving average of $23.07 and a 200-day moving average of $22.99. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. 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 stock has a market capitalization of $29.62 billion, a PE ratio of -369.86, a PEG ratio of 0.65 and a beta of 1.33.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The business 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 posted $0.58 earnings per share. The firm’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. On average, equities research analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were given a $0.1425 dividend. 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 2.6%. The ex-dividend date was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -950.00%.

Analyst Upgrades and Downgrades

HPE has been the topic of several research analyst reports. 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 report on Thursday, October 16th. Piper Sandler initiated coverage on Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price target for the company. UBS Group boosted their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Argus increased 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. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $25.53.

Hewlett Packard Enterprise Company 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.