Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 9.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,052,536 shares of the technology company’s stock after selling 109,129 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Hewlett Packard Enterprise were worth $25,256,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings 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 valued at $4,203,223,000 after purchasing an additional 1,336,940 shares in the last quarter. Jericho Capital Asset Management L.P. acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $416,900,000. Legal & General Group Plc raised its holdings in shares of Hewlett Packard Enterprise by 0.3% in the 3rd quarter. Legal & General Group Plc now owns 13,241,459 shares of the technology company’s stock valued at $325,210,000 after purchasing an additional 36,765 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Hewlett Packard Enterprise by 4.4% in the 4th quarter. Nordea Investment Management AB now owns 7,485,650 shares of the technology company’s stock valued at $179,693,000 after purchasing an additional 312,698 shares in the last quarter. Finally, Holocene Advisors LP acquired a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at $144,468,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Hewlett Packard Enterprise
In related news, CEO Antonio F. Neri sold 264,432 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.18, for a total value of $6,658,397.76. Following the transaction, the chief executive officer owned 1,837,329 shares in the company, valued at $46,263,944.22. The trade was a 12.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Fidelma Russo sold 34,001 shares of the business’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at $426,385.08. This trade represents a 66.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 602,337 shares of company stock worth $15,443,119 in the last quarter. Company insiders own 0.44% of the company’s stock.
Hewlett Packard Enterprise Price Performance
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. The business 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%.The company’s revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 earnings per share. 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. As a group, equities analysts anticipate that Hewlett Packard Enterprise Company will post 1.96 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 2.0%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is -300.00%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on HPE shares. Morgan Stanley raised their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, March 10th. Raymond James Financial restated an “outperform” rating and issued a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Truist Financial began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, March 31st. They issued a “buy” rating and a $31.00 target price for the company. Bank of America upped their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Finally, The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $26.71.
View Our Latest Analysis on HPE
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.
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