Hsbc Holdings PLC Sells 505,647 Shares of Hewlett Packard Enterprise Company $HPE

Hsbc Holdings PLC reduced its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 6.8% during the 2nd quarter, Holdings Channel reports. The fund owned 6,920,521 shares of the technology company’s stock after selling 505,647 shares during the quarter. Hsbc Holdings PLC’s holdings in Hewlett Packard Enterprise were worth $310,336,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Headlands Technologies LLC acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at $26,000. Delos Wealth Advisors LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth about $27,000. SJS Investment Consulting Inc. grew its holdings in Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after acquiring an additional 716 shares during the last quarter. Union Savings Bank bought a new stake in Hewlett Packard Enterprise during the 4th quarter worth about $30,000. Finally, First Bancorp Inc ME acquired a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at about $30,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Morgan Stanley reduced their target price on shares of Hewlett Packard Enterprise from $69.00 to $67.00 and set an “overweight” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. boosted their price objective on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. UBS Group reduced their price objective on Hewlett Packard Enterprise from $65.00 to $59.00 and set a “neutral” rating on the stock in a report on Thursday. Argus reiterated a “buy” rating and issued a $70.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday. Finally, Loop Capital raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and lifted their target price for the company from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $69.44.

Key Stories Impacting Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
• Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
• Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
• Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
• Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?

Hewlett Packard Enterprise Price Performance

Shares of HPE stock opened at $51.96 on Monday. The firm’s 50 day moving average price is $49.95 and its two-hundred day moving average price is $37.89. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $64.25. The stock has a market cap of $68.97 billion, a PE ratio of 27.06, a PEG ratio of 0.51 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the prior year, the business posted $0.44 EPS. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. As a group, analysts forecast that Hewlett Packard Enterprise Company will post 3.03 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio is presently 29.69%.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt Karros sold 18,785 shares of the firm’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.44% of the company’s stock.

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.