Nordea Investment Management AB Increases Position in Hewlett Packard Enterprise Company $HPE

Nordea Investment Management AB raised its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 4.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,485,650 shares of the technology company’s stock after purchasing an additional 312,698 shares during the period. Nordea Investment Management AB owned 0.56% of Hewlett Packard Enterprise worth $179,693,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Hewlett Packard Enterprise by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 171,140,995 shares of the technology company’s stock worth $4,203,223,000 after buying an additional 1,336,940 shares during the last quarter. Elliott Investment Management L.P. purchased a new position in Hewlett Packard Enterprise during the second quarter valued at $381,004,000. Jericho Capital Asset Management L.P. bought a new stake in Hewlett Packard Enterprise in the third quarter worth $416,900,000. Slate Path Capital LP boosted its holdings 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 worth $325,078,000 after acquiring an additional 4,221,678 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in shares of Hewlett Packard Enterprise by 0.3% in the third quarter. Legal & General Group Plc now owns 13,241,459 shares of the technology company’s stock worth $325,210,000 after acquiring an additional 36,765 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HPE has been the subject of several recent analyst reports. Argus lifted their price target 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. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price objective on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Morgan Stanley upped their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and an average target price of $26.50.

Hewlett Packard Enterprise Trading Down 2.0%

Shares of NYSE:HPE opened at $21.69 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The company has a market cap of $28.77 billion, a P/E ratio of -114.14, a PEG ratio of 0.55 and a beta of 1.31. The stock’s fifty day moving average price is $21.79 and its 200-day moving average price is $23.02.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.Hewlett Packard Enterprise’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same period last year, the company earned $0.49 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th will be issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is presently -300.00%.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of the business’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the sale, the chief executive officer directly owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. The trade was a 1.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the transaction, the senior vice president directly owned 18,785 shares in the company, valued at $462,298.85. The trade was a 66.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise 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.