State of Wyoming Sells 23,951 Shares of Hewlett Packard Enterprise Company $HPE

State of Wyoming lessened its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 85.0% during the third quarter, HoldingsChannel reports. The firm owned 4,228 shares of the technology company’s stock after selling 23,951 shares during the period. State of Wyoming’s holdings in Hewlett Packard Enterprise were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Irenic Capital Management LP bought a new position in Hewlett Packard Enterprise in the 1st quarter worth approximately $18,691,000. Gunderson Capital Management LLC bought a new stake in Hewlett Packard Enterprise during the 3rd quarter valued at $15,409,000. Generate Investment Management Ltd bought a new stake in Hewlett Packard Enterprise during the 3rd quarter valued at $19,340,000. Sanders Morris Harris LLC purchased a new stake in shares of Hewlett Packard Enterprise during the third quarter worth $1,661,000. Finally, Parkway Wealth Management Group LLC lifted its position in shares of Hewlett Packard Enterprise by 36.7% during the third quarter. Parkway Wealth Management Group LLC now owns 110,121 shares of the technology company’s stock worth $7,036,000 after acquiring an additional 29,551 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HPE shares. Truist Financial reiterated a “buy” rating and issued a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, October 1st. Citigroup raised their target price on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. Evercore upped their price target on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Susquehanna lowered their price target on shares of Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Finally, Piper Sandler raised their price objective on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and a consensus price target of $65.44.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: HPE’s networking rollout connects EdgeConnect with Mist and Aruba Central, bringing security, wired and wireless management into a unified, increasingly automated platform. This could strengthen its networking offering, though the article does not report financial results from the rollout. HPE networking rollout and valuation
• Positive Sentiment: HPE shares participated in a partial recovery among AI-server stocks after the group’s post-midterm sell-off. The rebound suggests some buyers returned to the sector, although trading across the group remains volatile. AI-server stocks rebound
• Neutral Sentiment: Valuation articles argue HPE may be substantially undervalued following its pullback and raised outlook. These are analyst-style assessments, not new company results or guarantees of a recovery. HPE valuation commentary
• Negative Sentiment: Super Micro Computer’s collaboration with NVIDIA adds to competition in AI servers, a key growth market for HPE. Its new GPU, cooling and rack-scale offerings could challenge HPE and other rivals. Super Micro and NVIDIA collaboration

Hewlett Packard Enterprise Price Performance

NYSE HPE traded up $0.57 during trading on Friday, reaching $44.73. The company’s stock had a trading volume of 17,631,053 shares, compared to its average volume of 17,945,454. The firm has a fifty day moving average of $59.20 and a 200 day moving average of $41.39. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56. The stock has a market capitalization of $59.38 billion, a PE ratio of 23.30, a P/E/G ratio of 0.33 and a beta of 1.46. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72.

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

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.3%. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Rami Rahim sold 34,456 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 875,133 shares in the company, valued at $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 is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $60.44, for a total value of $15,110,000.00. Following the sale, the chief executive officer directly 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 585,899 shares of company stock valued at $37,270,329 over the last 90 days. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing.

HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.