Hewlett Packard Enterprise Company $HPE Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 6.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 400,637 shares of the technology company’s stock after selling 26,875 shares during the quarter. HighTower Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $18,073,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of HPE. Headlands Technologies LLC acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $26,000. Delos Wealth Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the second quarter worth about $27,000. SJS Investment Consulting Inc. raised its position in Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after acquiring an additional 716 shares in the last quarter. Union Savings Bank acquired a new position in Hewlett Packard Enterprise in the fourth quarter valued at approximately $30,000. Finally, First Bancorp Inc ME acquired a new position in Hewlett Packard Enterprise in the second quarter valued at approximately $30,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Price Performance

NYSE:HPE opened at $56.04 on Wednesday. The stock has a 50 day moving average of $50.32 and a two-hundred day moving average of $38.34. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $64.25. The firm has a market cap of $74.39 billion, a P/E ratio of 29.19, a price-to-earnings-growth ratio of 0.51 and a beta of 1.43. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same period in the previous year, the company posted $0.44 earnings per share. The business’s 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. On average, analysts expect that Hewlett Packard Enterprise Company will post 3.03 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: Strong quarterly growth and cash generation: HPE reported fiscal third-quarter revenue of approximately $12.2 billion, up 34% year over year. Operating cash flow was $1.641 billion, while company-defined free cash flow rose to $958 million from $790 million, supporting the company’s ability to fund expansion and shareholder returns. Hewlett Packard reported revenue and free cash flow
• Positive Sentiment: AI and networking momentum: Networking revenue reportedly jumped 75%, while a large infrastructure arrangement involving Oracle warrants and a $70 billion deal is reinforcing the investment case for HPE’s AI networking and data-center businesses. How Hewlett Packard shares bought an AI network
• Positive Sentiment: Sector tailwinds and favorable comparisons: AI-server stocks rallied as investors rotated toward hardware and enterprise infrastructure. Analysts and financial commentary continue to highlight HPE’s revenue backlog, AI opportunity and improving earnings outlook. HPE previously exceeded quarterly EPS and revenue estimates, further supporting bullish sentiment. AI server stocks and HPE margin outlook
• Neutral Sentiment: Analyst and investor attention: HPE received a rating update from a top analyst and presented at Citi’s Global TMT Conference. These events may influence expectations, but the articles provided do not specify the rating action or any major new guidance. HPE analyst rating update
• Negative Sentiment: Inventory and margin risk: The inventory build and supply-chain concerns remain important risks. Investors are assessing whether networking profitability can offset higher inventory and whether the strong margin performance is already reflected in guidance. HPE inventory and networking margins

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Kirt Karros sold 18,785 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Truist Financial raised their price objective on shares of Hewlett Packard Enterprise from $69.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Argus reiterated a “buy” rating and issued a $70.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Raymond James Financial increased their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday, September 3rd. Zacks Research lowered shares of Hewlett Packard Enterprise from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price objective for the company. Twelve equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.44.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.

HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.