Hewlett Packard Enterprise Company $HPE Shares Bought by World Investment Advisors

World Investment Advisors raised its holdings in Hewlett Packard Enterprise Company (NYSE:HPEFree Report) by 61.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 55,040 shares of the technology company’s stock after acquiring an additional 20,971 shares during the period. World Investment Advisors’ holdings in Hewlett Packard Enterprise were worth $1,227,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake 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 valued at $26,000 after buying an additional 666 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at about $26,000. Chilton Capital Management LLC purchased a new stake in Hewlett Packard Enterprise during the third quarter valued at about $30,000. Clearstead Trust LLC lifted its stake in Hewlett Packard Enterprise by 93.8% during 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 in the last quarter. Finally, Thompson Investment Management Inc. purchased a new stake in Hewlett Packard Enterprise during the fourth quarter valued at about $34,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hewlett Packard Enterprise

In related news, Director Bethany Mayer sold 6,482 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total value of $188,626.20. Following the transaction, the director owned 8,018 shares in the company, valued at approximately $233,323.80. This represents a 44.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marie Myers sold 93,583 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total value of $2,808,425.83. Following the completion of 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. 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. Insiders have sold a total of 702,402 shares of company stock valued at $18,440,171 in the last ninety days. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Trading Down 0.1%

NYSE:HPE opened at $33.08 on Monday. The stock’s 50 day moving average price is $25.72 and its 200 day moving average price is $23.74. Hewlett Packard Enterprise Company has a 52 week low of $17.02 and a 52 week high of $34.69. The company has a market capitalization of $43.89 billion, a P/E ratio of -174.08, a P/E/G ratio of 0.85 and a beta of 1.28. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The firm had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The firm’s revenue was up 18.4% on a year-over-year basis. 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. On average, research analysts forecast that Hewlett Packard Enterprise Company will post 1.96 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Truist Financial assumed coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They set a “buy” rating and a $31.00 price objective for the company. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Sunday. Bank of America upped their price objective on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Citigroup increased their price target on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.41.

Check Out Our Latest Stock Analysis on Hewlett Packard Enterprise

About Hewlett Packard Enterprise

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Company (NYSE:HPEFree Report).

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

Receive News & Ratings for Hewlett Packard Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.