Andra AP fonden Raises Stake in Hewlett Packard Enterprise Company $HPE

Andra AP fonden grew its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 10.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 982,060 shares of the technology company’s stock after acquiring an additional 90,200 shares during the period. Andra AP fonden owned about 0.07% of Hewlett Packard Enterprise worth $24,119,000 as of its most recent SEC filing.

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

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $21.49 on Friday. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve 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 firm has a 50-day moving average of $22.45 and a two-hundred day moving average of $23.05. The company has a market capitalization of $28.55 billion, a price-to-earnings ratio of -358.07, a PEG ratio of 0.58 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 analysts’ consensus estimates of $0.59 by $0.03. The company had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 earnings per share. 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. As a group, analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal 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 paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, December 19th. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -950.00%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Citigroup lowered their price objective on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Morgan Stanley reduced their target price on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price target on the stock. Finally, Argus raised their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. One investment 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 data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.29.

Insider Transactions at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 26,457 shares of the firm’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $24.49, for a total value of $647,931.93. Following the transaction, the chief executive officer directly owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeremy Cox sold 13,463 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $24.68, for a total value of $332,266.84. The SEC filing for this sale provides additional information. Insiders sold a total of 585,537 shares of company stock valued at $14,255,864 in the last three months. 0.44% of the stock is currently owned by company insiders.

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.