J. Safra Sarasin Holding AG Acquires 38,201 Shares of Hewlett Packard Enterprise Company $HPE

J. Safra Sarasin Holding AG raised its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 223.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,322 shares of the technology company’s stock after buying an additional 38,201 shares during the period. J. Safra Sarasin Holding AG’s holdings in Hewlett Packard Enterprise were worth $1,359,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Spire Wealth Management raised its holdings in Hewlett Packard Enterprise by 7.1% in the 3rd quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock worth $164,000 after purchasing an additional 445 shares during the period. TD Waterhouse Canada Inc. increased its position in Hewlett Packard Enterprise by 11.1% in the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock worth $100,000 after buying an additional 489 shares in the last quarter. Trust Co. of Vermont raised its stake in shares of Hewlett Packard Enterprise by 6.4% in the third quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock worth $217,000 after buying an additional 533 shares during the period. Caldwell Trust Co lifted its position in shares of Hewlett Packard Enterprise by 64.4% during the 3rd quarter. Caldwell Trust Co now owns 1,526 shares of the technology company’s stock valued at $37,000 after buying an additional 598 shares in the last quarter. Finally, J.W. Cole Advisors Inc. grew its stake in shares of Hewlett Packard Enterprise by 3.5% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 17,846 shares of the technology company’s stock valued at $365,000 after acquiring an additional 600 shares during the period. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 50,061 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $23.70, for a total value of $1,186,445.70. Following the completion of the transaction, the senior vice president directly owned 26,905 shares of the company’s stock, valued at $637,648.50. This trade represents a 65.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the sale, the senior vice president owned 18,785 shares in the company, valued at approximately $462,298.85. This trade represents a 66.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 585,537 shares of company stock valued at $14,255,864 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE opened at $21.73 on Thursday. The firm’s fifty day moving average is $22.79 and its two-hundred day moving average is $22.84. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44. The company has a market cap of $29.00 billion, a P/E ratio of -362.14, a P/E/G ratio of 0.59 and a beta of 1.32. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.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 previous year, the firm posted $0.58 earnings per share. 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. As a group, analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The company 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 was Friday, December 19th. This represents a $0.57 dividend on an annualized basis 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 currently -950.00%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Argus upped their target price on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Barclays increased their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $25.53.

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.