Sanders Morris Harris LLC Purchases 26,000 Shares of Hewlett Packard Enterprise Company $HPE

Sanders Morris Harris LLC acquired a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 26,000 shares of the technology company’s stock, valued at approximately $1,661,000.

Other large investors have also modified their holdings of the company. Foster Group Inc. raised its position in shares of Hewlett Packard Enterprise by 2.8% during the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock worth $341,000 after purchasing an additional 146 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 1.4% during the second quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock valued at $709,000 after purchasing an additional 212 shares during the last quarter. Sax Wealth Advisors LLC boosted its position in shares of Hewlett Packard Enterprise by 2.9% in the 2nd quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock valued at $396,000 after purchasing an additional 244 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in shares of Hewlett Packard Enterprise by 5.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company’s stock valued at $324,000 after purchasing an additional 355 shares during the period. Finally, D.A. Davidson & CO. increased its stake in Hewlett Packard Enterprise by 4.5% in the 1st quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock worth $238,000 after purchasing an additional 429 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Rami Rahim sold 34,456 shares of the firm’s stock in a transaction that occurred on Tuesday, September 29th. The shares were 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 in the company, valued at approximately $53,750,668.86. This trade represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the sale, the chief executive officer owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This represents a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 551,456 shares of company stock worth $35,271,258 in the last 90 days. Company insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Down 8.1%

Shares of HPE stock traded down $5.59 on Wednesday, reaching $63.22. 25,255,763 shares of the company’s stock traded hands, compared to its average volume of 21,293,436. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month high of $73.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The company has a market capitalization of $83.92 billion, a P/E ratio of 32.93, a price-to-earnings-growth ratio of 0.63 and a beta of 1.39. The business’s 50 day moving average price is $58.98 and its two-hundred day moving average price is $45.75.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. Hewlett Packard Enterprise’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 earnings per share. 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. On average, equities analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm 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 dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Barclays downgraded Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $83.00 to $77.00 in a report on Wednesday. Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $65.00 to $75.00 in a report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 target price for the company. 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, JPMorgan Chase & Co. boosted their price target on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a report on Tuesday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $65.44.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: Daiwa upgraded HPE to Outperform, providing a counterpoint to the recent downgrades and signaling confidence in the company’s longer-term growth outlook. Daiwa upgrades Hewlett Packard Enterprise stock to Outperform
• Positive Sentiment: HPE continues to benefit from demand for networking, cloud infrastructure and AI systems. Recent business developments include stronger networking-growth expectations and a reported $1.2 billion AI order from Vultr, while its latest quarterly results exceeded analyst expectations for both earnings and revenue. What Changed For HPE Stock, And What Did Not?
• Neutral Sentiment: Despite the selling, Barclays’ new $77 price target remains above the reported $63.22 reference price, implying potential upside if HPE delivers on its growth plans. However, Barclays lowered the target from $83 and shifted its rating from Overweight to Equal Weight. HPE Stock and Dell Are Downgraded
• Negative Sentiment: Barclays downgraded HPE to Equal Weight from Overweight, citing elevated valuation and no meaningful AI-driven growth inflection yet. The cautious view also affected Dell and NetApp, suggesting broader concerns about enterprise IT spending and the pace at which AI investments will translate into hardware demand. Why are Dell and HPE stocks plunging today?
• Negative Sentiment: Evercore previously cut HPE to In Line with a $65 target, arguing that the stock’s substantial rally had pushed valuation well above historical levels and left fewer near-term catalysts for further multiple expansion. This valuation concern is amplifying the reaction to Barclays’ downgrade. How Evercore’s Valuation-Driven Downgrade At Hewlett Packard Enterprise Has Changed Its Investment Story

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.