Jefferies Financial Group Inc. Takes Position in Hewlett Packard Enterprise Company $HPE

Jefferies Financial Group Inc. bought a new position in Hewlett Packard Enterprise Company (NYSE:HPE) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,320,000 shares of the technology company’s stock, valued at approximately $32,419,000. Jefferies Financial Group Inc. owned approximately 0.10% of Hewlett Packard Enterprise as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in HPE. Mcintyre Freedman & Flynn Investment Advisers Inc. boosted its stake in Hewlett Packard Enterprise by 743.7% in the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after buying an additional 135,725 shares in the last quarter. Caxton Associates LLP raised its stake in shares of Hewlett Packard Enterprise by 106.8% during the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock worth $3,661,000 after acquiring an additional 92,438 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Hewlett Packard Enterprise by 7.2% in the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock worth $81,315,000 after acquiring an additional 266,600 shares during the last quarter. Knights of Columbus Asset Advisors LLC boosted its stake in shares of Hewlett Packard Enterprise by 118.8% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company’s stock valued at $3,567,000 after purchasing an additional 78,859 shares in the last quarter. Finally, National Pension Service grew its holdings in shares of Hewlett Packard Enterprise by 9.7% during the 3rd quarter. National Pension Service now owns 3,787,479 shares of the technology company’s stock valued at $93,020,000 after purchasing an additional 334,424 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Wall Street Analysts Forecast Growth

HPE has been the topic of a number of analyst reports. The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price on the stock. Argus raised their price objective 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. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Citigroup lowered their target price on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $25.29.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: MWC coverage highlights product momentum: reports from Mobile World Congress show HPE promoting Juniper-integrated networking capabilities and go-to-market momentum that could support future revenue and backlog growth. HPE flexes some Juniper muscle at MWC26
• Positive Sentiment: Valuation/relative recovery narrative: analysis arguing HPE may look attractively priced after recent share weakness could draw value-oriented buyers if guidance or results meet expectations. Is Hewlett Packard Enterprise (HPE) Attractively Priced After Recent Share Price Weakness?
• Neutral Sentiment: Earnings preview — watch GreenLake and guidance: multiple previews highlight that investors will be watching Q4 revenue, GreenLake ARR/growth, margin trends and management’s FY guidance; results could swing sentiment either way. What To Expect From Hewlett Packard Enterprise’s (HPE) Q4 Earnings
• Neutral Sentiment: Consensus market-watch articles place HPE in a busy earnings calendar: broader roundups (Oracle, Adobe, others) note HPE as a name to watch this week, which raises short?term volatility but doesn’t predict direction. Earnings week ahead: ORCL, ADBE, LI, NIO, HPE, ZIM, KSS, and more
• Negative Sentiment: Macro risk from inflation data could pressure tech multiples: several previews note upcoming CPI/PCE and jobs prints that may alter Fed rate expectations — a hawkish surprise would likely weigh on cyclical/enterprise IT spending and HPE’s multiple. Inflation Data, Oracle Earnings: What to Watch Next Week
• Negative Sentiment: Earnings-preview risk: market previews (Benzinga, Barron’s and others) emphasize that if HPE’s guidance or GreenLake growth disappoints, the stock could see outsized downside given recent multiple compression and elevated expectations built into the recovery narrative. What’s Next: Hewlett Packard’s Earnings Preview

Insider Activity at Hewlett Packard Enterprise

In other news, EVP Fidelma Russo sold 126,512 shares of Hewlett Packard Enterprise stock in a transaction that occurred 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 sale, the executive vice president directly owned 51,002 shares in the company, valued at approximately $1,255,159.22. This trade represents a 71.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John F. Schultz sold 148,501 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.99, for a total value of $3,711,039.99. Following the transaction, the executive vice president directly owned 248,091 shares in the company, valued at $6,199,794.09. This trade represents a 37.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 471,861 shares of company stock worth $11,605,705 over the last 90 days. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise Price Performance

Shares of Hewlett Packard Enterprise stock opened at $21.11 on Monday. The company’s fifty day simple moving average is $22.16 and its two-hundred day simple moving average is $23.09. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44. The firm has a market cap of $28.05 billion, a PE ratio of -351.77, a price-to-earnings-growth ratio of 0.58 and a beta of 1.31. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 earnings per share. As a group, equities analysts expect that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

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.