Hewlett Packard Enterprise Company $HPE Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lowered its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 34.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 419,221 shares of the technology company’s stock after selling 216,056 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Hewlett Packard Enterprise were worth $10,296,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TFC Financial Management Inc. grew its stake in shares of Hewlett Packard Enterprise by 2,694.4% in the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock valued at $25,000 after purchasing an additional 970 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after buying an additional 666 shares during the last quarter. Chilton Capital Management LLC acquired a new position in Hewlett Packard Enterprise in the 3rd quarter valued at $30,000. Headlands Technologies LLC purchased a new position in Hewlett Packard Enterprise during the 2nd quarter worth $26,000. Finally, CVA Family Office LLC raised its position in Hewlett Packard Enterprise by 126.7% during the 2nd quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after buying an additional 803 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $22.20 on Friday. The firm has a market capitalization of $29.62 billion, a price-to-earnings ratio of -369.86, a price-to-earnings-growth ratio of 0.65 and a beta of 1.33. 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 business’s 50 day simple moving average is $23.07 and its 200-day simple moving average is $22.99. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.Hewlett Packard Enterprise’s revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.58 earnings per share. 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. As a group, equities analysts forecast that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

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

Wall Street Analyst Weigh In

HPE has been the topic of a number of recent analyst reports. Argus boosted 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. Piper Sandler initiated coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 target price on the stock. The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price target for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 price objective (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $25.53.

Insider Activity

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the transaction, the senior vice president owned 18,785 shares in the company, valued at approximately $462,298.85. The trade was a 66.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Fidelma Russo sold 126,512 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the completion of the sale, the executive vice president directly owned 51,002 shares in the company, valued at $1,255,159.22. This trade represents a 71.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 585,537 shares of company stock worth $14,255,864 in the last three months. Company insiders own 0.36% of the company’s stock.

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.