Aberdeen Group plc Acquires 94,598 Shares of Hewlett Packard Enterprise Company $HPE

Aberdeen Group plc grew its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,938,002 shares of the technology company’s stock after acquiring an additional 94,598 shares during the period. Aberdeen Group plc owned 0.15% of Hewlett Packard Enterprise worth $46,735,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Mcintyre Freedman & Flynn Investment Advisers Inc. lifted its stake in shares of 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 valued at $3,149,000 after acquiring an additional 135,725 shares during the last quarter. Caxton Associates LLP grew its position 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 worth $3,661,000 after acquiring an additional 92,438 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Hewlett Packard Enterprise in the 2nd quarter worth approximately $2,522,000. Swiss National Bank boosted its stake in shares of Hewlett Packard Enterprise by 7.2% during the second 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 period. Finally, Knights of Columbus Asset Advisors LLC increased its stake in shares of Hewlett Packard Enterprise by 118.8% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company’s stock worth $3,567,000 after buying an additional 78,859 shares during the period. 80.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HPE. Piper Sandler initiated coverage on shares of Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Argus upped their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 price objective (down from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Hold” and a consensus target price of $25.53.

Insider Activity at Hewlett Packard Enterprise

In related 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total transaction of $897,280.60. Following the sale, the senior vice president owned 18,785 shares of the company’s stock, valued at approximately $462,298.85. This represents a 66.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 585,537 shares of company stock valued at $14,255,864 over the last quarter. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Trading Up 2.1%

NYSE:HPE opened at $22.67 on Tuesday. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The stock has a market cap of $30.12 billion, a price-to-earnings ratio of -377.70, a PEG ratio of 0.62 and a beta of 1.33. The company’s 50 day moving average price is $23.04 and its 200-day moving average price is $23.04. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (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 business had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.91 billion. During the same period in the prior year, the firm posted $0.58 EPS. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. 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 forecast that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were issued a dividend of $0.1425 per share. 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. This represents a $0.57 annualized dividend and a dividend yield of 2.5%. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.

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.