NewEdge Wealth LLC Has $1.02 Million Position in Hewlett Packard Enterprise Company $HPE

NewEdge Wealth LLC grew its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 68.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,562 shares of the technology company’s stock after acquiring an additional 17,362 shares during the period. NewEdge Wealth LLC’s holdings in Hewlett Packard Enterprise were worth $1,022,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of HPE. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Hewlett Packard Enterprise by 176.7% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after purchasing an additional 666 shares during the period. Chilton Capital Management LLC bought a new stake in Hewlett Packard Enterprise in the third quarter valued at approximately $30,000. Headlands Technologies LLC bought a new stake in Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. Clearstead Trust LLC lifted its position in shares of Hewlett Packard Enterprise by 93.8% in the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after buying an additional 625 shares during the last quarter. Finally, Thompson Investment Management Inc. bought a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth approximately $34,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Performance

HPE opened at $34.12 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. The business has a fifty day simple moving average of $25.49 and a 200 day simple moving average of $23.68. Hewlett Packard Enterprise Company has a 1 year low of $17.02 and a 1 year high of $34.70. The company has a market capitalization of $45.27 billion, a PE ratio of -179.55, a price-to-earnings-growth ratio of 0.83 and a beta of 1.28.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.49 EPS. 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. Research analysts expect that Hewlett Packard Enterprise Company will post 1.96 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th were issued a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 1.7%. Hewlett Packard Enterprise’s payout ratio is currently -300.00%.

Insider Activity

In other Hewlett Packard Enterprise news, CFO Marie Myers sold 93,583 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the transaction, the chief financial officer owned 204,754 shares in the company, valued at $6,144,667.54. This represents a 31.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 6,482 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the sale, the director owned 8,018 shares of the company’s stock, valued at approximately $233,323.80. The trade was a 44.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 702,402 shares of company stock worth $18,440,171. Insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HPE shares. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. 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 price objective on the stock. Citigroup increased their price objective on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Raymond James Financial restated an “outperform” rating and set a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and an average price target of $27.41.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: Citigroup raised its price target on HPE to $39 from $27 and reiterated a buy rating, signaling confidence ahead of earnings and implying meaningful upside from current levels. Benzinga
• Positive Sentiment: HPE and Nvidia announced “NVIDIA AI Computing by HPE,” reinforcing HPE’s positioning in AI infrastructure and potentially boosting demand for its servers and related systems. Article
• Positive Sentiment: Multiple reports say HPE is rebooting and rebranding its private cloud offerings to address rising virtualization costs, a move that could help it win customers looking for lower-cost alternatives in enterprise IT. Article
• Positive Sentiment: News that additional activist investors have taken stakes in HPE has fueled speculation that the company could face pressure to unlock value through strategic changes or operational improvements. Article
• Neutral Sentiment: Coverage from Barron’s highlighted HPE’s exposure to networking and servers, two areas benefiting from AI investment, which supports the broader bull case but does not by itself change fundamentals. Article
• Neutral Sentiment: HPE also received additional media attention around its private cloud strategy and industry partner recognition, adding to investor sentiment but with limited direct financial impact. Article

Hewlett Packard Enterprise Company 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.