Y Intercept Hong Kong Ltd Sells 25,692 Shares of Hewlett Packard Enterprise Company $HPE

Y Intercept Hong Kong Ltd lowered its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 20.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,651 shares of the technology company’s stock after selling 25,692 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Hewlett Packard Enterprise were worth $2,398,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Spire Wealth Management lifted its position in Hewlett Packard Enterprise by 7.1% in the 3rd quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock valued at $164,000 after acquiring an additional 445 shares in the last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of Hewlett Packard Enterprise by 11.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock worth $100,000 after buying an additional 489 shares during the last quarter. Trust Co. of Vermont boosted its position in Hewlett Packard Enterprise by 6.4% during the third quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock valued at $217,000 after buying an additional 533 shares during the period. Caldwell Trust Co grew its stake in shares of Hewlett Packard Enterprise by 64.4% in the third quarter. Caldwell Trust Co now owns 1,526 shares of the technology company’s stock worth $37,000 after purchasing an additional 598 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in shares of Hewlett Packard Enterprise by 3.5% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 17,846 shares of the technology company’s stock worth $365,000 after acquiring an additional 600 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Maeve C. Culloty sold 35,958 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeremy Cox sold 50,061 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $23.70, for a total value of $1,186,445.70. Following the completion of the sale, the senior vice president owned 26,905 shares of the company’s stock, valued at approximately $637,648.50. This trade represents a 65.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 585,537 shares of company stock valued at $14,255,864 in the last ninety days. 0.36% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Stock Performance

Shares of HPE traded up $0.03 during trading hours on Wednesday, reaching $21.63. 2,302,188 shares of the company’s stock traded hands, compared to its average volume of 15,801,984. The business’s fifty day simple moving average is $22.77 and its two-hundred day simple moving average is $22.84. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. The firm has a market capitalization of $28.87 billion, a price-to-earnings ratio of -360.09, a P/E/G ratio of 0.59 and a beta of 1.32. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same period in the previous year, the company earned $0.58 earnings per share. Hewlett Packard Enterprise’s revenue was up 14.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently -950.00%.

Analysts Set New Price Targets

HPE has been the topic of a number of research reports. UBS Group raised their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. The Goldman Sachs Group initiated coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price target for the company. Piper Sandler started coverage on Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target for the company. Finally, Argus increased their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Hold” and an average price target of $25.53.

Hewlett Packard Enterprise Profile

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.