Hewlett Packard Enterprise Company $HPE Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 682,058 shares of the technology company’s stock after selling 2,631 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned about 0.05% of Hewlett Packard Enterprise worth $13,982,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Shell Asset Management Co. grew its position in shares of Hewlett Packard Enterprise by 42.4% in the 2nd quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock valued at $2,388,000 after buying an additional 34,801 shares during the last quarter. Strs Ohio purchased a new stake in Hewlett Packard Enterprise during the 1st quarter valued at approximately $15,663,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $2,522,000. Forum Financial Management LP lifted its stake in shares of Hewlett Packard Enterprise by 48.3% in the 2nd quarter. Forum Financial Management LP now owns 33,357 shares of the technology company’s stock worth $682,000 after acquiring an additional 10,864 shares during the period. Finally, Signal Advisors Wealth LLC purchased a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $300,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Down 0.5%

Shares of HPE stock opened at $22.82 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.69 and a current ratio of 0.95. The business’s fifty day moving average is $24.19 and its 200-day moving average is $21.16. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The stock has a market cap of $30.10 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 1.28 and a beta of 1.43.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 3rd. The technology company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.09). Hewlett Packard Enterprise had a return on equity of 9.01% and a net margin of 3.77%.The business had revenue of $9.14 billion for the quarter, compared to the consensus estimate of $8.77 billion. During the same quarter in the previous year, the business posted $0.50 earnings per share. The company’s quarterly revenue was up 19.8% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. Equities analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 18th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Thursday, September 18th. Hewlett Packard Enterprise’s payout ratio is 63.41%.

Insider Activity

In other news, CEO Antonio F. Neri sold 166,666 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $22.52, for a total value of $3,753,318.32. Following the completion of the sale, the chief executive officer directly owned 1,919,060 shares of the company’s stock, valued at $43,217,231.20. This represents a 7.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary M. Reiner sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $24.58, for a total transaction of $983,200.00. Following the completion of the transaction, the director owned 83,869 shares in the company, valued at approximately $2,061,500.02. This represents a 32.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 543,738 shares of company stock worth $12,922,932 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HPE shares. The Goldman Sachs Group increased their price target on shares of Hewlett Packard Enterprise from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Bank of America lifted their price objective on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 8th. Evercore ISI upped their price target on Hewlett Packard Enterprise from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Finally, Citigroup upped their target price on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.41.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.