8,670 Hewlett Packard Enterprise Company $HPE Shares Sold by Ridgewood Investments LLC

Ridgewood Investments LLC lessened its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 27.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,456 shares of the technology company’s stock after selling 8,670 shares during the period. Ridgewood Investments LLC’s holdings in Hewlett Packard Enterprise were worth $1,435,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Capital World Investors bought a new stake in Hewlett Packard Enterprise in the fourth quarter worth about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise during the second quarter valued at approximately $1,027,139,000. Primecap Management Co. CA bought a new stake in Hewlett Packard Enterprise during the second quarter worth approximately $773,225,000. Legal & General Group Plc acquired a new position in Hewlett Packard Enterprise in the second quarter worth approximately $512,721,000. Finally, Elliott Investment Management L.P. increased its holdings in shares of Hewlett Packard Enterprise by 47.2% in the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after buying an additional 8,790,757 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Antonio F. Neri sold 250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the transaction, the chief executive officer owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares of the company’s stock, valued at $53,750,668.86. This represents a 3.79% 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. Insiders have sold a total of 301,456 shares of company stock valued at $18,193,758 in the last three months. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: HPE’s AI systems orders increased more than 30% sequentially to $2.4 billion, supporting the company’s growth outlook and helping drive a 22.3% gain in September. How HPE Stock Gained 22.3% in September
• Positive Sentiment: Daiwa Securities upgraded HPE to “Outperform,” adding to bullish Wall Street sentiment following the company’s AI-order momentum and recent share-price strength. Daiwa Securities Group Upgrades HPE to Outperform
• Positive Sentiment: HPE was selected as a worldwide supplier for the 2027 Ryder Cup, where it will provide intelligent connectivity, autonomous IT operations, AI-driven intelligence and digital fan-experience technology. The agreement enhances HPE’s visibility in enterprise networking and AI infrastructure. HPE Chosen to Deliver Intelligent Connectivity at the 2027 Ryder Cup
• Neutral Sentiment: Reviews of the completed hardware and infrastructure earnings season are assessing HPE’s performance relative to industry peers. The coverage reinforces investor focus on AI infrastructure demand, execution and competitive positioning, but provides limited new company-specific information. Hardware and Infrastructure Stocks Q2 Highlights
• Negative Sentiment: After reaching recent 52-week highs and gaining strongly in September, HPE may be experiencing profit-taking and increased valuation sensitivity. The stock’s pullback suggests investors are digesting its rapid advance despite the favorable AI narrative. Why NVDA, HPE and CRWD Stocks Rose to 52-Week Highs

Hewlett Packard Enterprise Stock Down 1.4%

Shares of HPE traded down $0.95 during trading hours on Monday, reaching $68.38. The company’s stock had a trading volume of 15,733,584 shares, compared to its average volume of 21,334,973. The company has a 50 day moving average of $55.81 and a two-hundred day moving average of $43.39. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The firm has a market cap of $90.77 billion, a price-to-earnings ratio of 35.61, a P/E/G ratio of 0.62 and a beta of 1.39. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $70.29.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the previous year, the firm posted $0.44 earnings per share. The firm’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. As a group, research analysts predict that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a yield of 0.8%. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Bank of America raised their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Truist Financial restated a “buy” rating and set a $75.00 price objective (up from $70.00) on shares of Hewlett Packard Enterprise in a report on Thursday. Argus reiterated a “buy” rating and issued a $70.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. Finally, Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and set a $75.00 price target for the company in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average target price of $72.06.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.