Total Clarity Wealth Management Inc. Takes Position in Hewlett Packard Enterprise Company $HPE

Total Clarity Wealth Management Inc. acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPEFree Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 30,558 shares of the technology company’s stock, valued at approximately $751,000.

A number of other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Hewlett Packard Enterprise by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 171,140,995 shares of the technology company’s stock valued at $4,203,223,000 after buying an additional 1,336,940 shares during the period. Geode Capital Management LLC increased its stake in shares of Hewlett Packard Enterprise by 2.2% during the second quarter. Geode Capital Management LLC now owns 34,421,976 shares of the technology company’s stock worth $701,864,000 after buying an additional 724,974 shares during the period. Elliott Investment Management L.P. acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth approximately $381,004,000. Slate Path Capital LP increased its position in shares of Hewlett Packard Enterprise by 36.2% in the 2nd quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company’s stock valued at $325,078,000 after purchasing an additional 4,221,678 shares during the last quarter. Finally, Schroder Investment Management Group raised its holdings in shares of Hewlett Packard Enterprise by 192.4% in the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock valued at $216,754,000 after purchasing an additional 6,974,083 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Trading Up 1.0%

Shares of HPE opened at $20.84 on Friday. The firm’s 50-day moving average is $22.51 and its two-hundred day moving average is $23.05. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $27.69 billion, a P/E ratio of -347.28, a PEG ratio of 0.57 and a beta of 1.33.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last announced its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping the consensus estimate 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 business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same quarter in the previous year, the company earned $0.58 EPS. The company’s quarterly revenue was up 14.7% on a year-over-year basis. 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. On average, research analysts predict 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 given a $0.1425 dividend. The ex-dividend date was Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.7%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is presently -950.00%.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of the firm’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the transaction, the chief executive officer directly owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 585,537 shares of company stock worth $14,255,864 in the last 90 days. Insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on HPE. Argus increased their target price on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. The Goldman Sachs Group initiated coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective for the company. Finally, Morgan Stanley dropped their target price on Hewlett Packard Enterprise from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and an average price target of $25.29.

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Hewlett Packard Enterprise Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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