Ruffer LLP Cuts Stake in Hewlett Packard Enterprise Company $HPE

Ruffer LLP trimmed its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 62.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 164,531 shares of the technology company’s stock after selling 276,229 shares during the quarter. Ruffer LLP’s holdings in Hewlett Packard Enterprise were worth $4,041,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. TFC Financial Management Inc. raised 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 last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 176.7% in 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 during the last quarter. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise during the second quarter valued at $26,000. CVA Family Office LLC boosted its position in shares of Hewlett Packard Enterprise by 126.7% during the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock valued at $29,000 after buying an additional 803 shares during the last quarter. Finally, Chilton Capital Management LLC bought a new stake in Hewlett Packard Enterprise in the 3rd quarter worth about $30,000. Institutional investors own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HPE. Citigroup lifted their price target on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price target on the stock. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Argus boosted their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and an average price target of $25.53.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $21.73 on Thursday. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. The firm’s fifty day moving average is $22.79 and its 200 day moving average is $22.84. The company has a market cap of $29.00 billion, a price-to-earnings ratio of -362.14, a PEG ratio of 0.59 and a beta of 1.32.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results 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 net margin of 0.17% and a return on equity of 9.15%. The firm 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 company earned $0.58 EPS. The business’s 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. Sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.6%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 126,512 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.61, for a total value of $3,113,460.32. Following the completion of the sale, the executive vice president directly owned 51,002 shares in the company, valued at $1,255,159.22. This trade represents a 71.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeremy Cox sold 13,463 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.68, for a total transaction of $332,266.84. The SEC filing for this sale provides additional information. Insiders have sold a total of 585,537 shares of company stock worth $14,255,864 in the last ninety days. Corporate insiders own 0.36% of the company’s stock.

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.