Swiss Life Asset Management Ltd Has $6.20 Million Stake in Hewlett Packard Enterprise Company $HPE

Swiss Life Asset Management Ltd increased its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 18.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 252,471 shares of the technology company’s stock after purchasing an additional 39,487 shares during the period. Swiss Life Asset Management Ltd’s holdings in Hewlett Packard Enterprise were worth $6,201,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. TFC Financial Management Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 2,694.4% in the third 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 in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Hewlett Packard Enterprise by 176.7% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after buying an additional 666 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Hewlett Packard Enterprise during the second quarter worth about $26,000. Chilton Capital Management LLC bought a new position in shares of Hewlett Packard Enterprise during the third quarter worth about $30,000. Finally, Clearstead Trust LLC raised its position in Hewlett Packard Enterprise by 93.8% in the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after buying an additional 625 shares during the last quarter. Institutional investors own 80.78% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Argus lifted their price objective on shares of 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 research report on Monday, December 8th. Morgan Stanley increased their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 10th. Finally, Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $26.50.

Hewlett Packard Enterprise Stock Down 2.0%

NYSE:HPE opened at $21.69 on Friday. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The firm has a market capitalization of $28.77 billion, a price-to-earnings ratio of -114.14, a price-to-earnings-growth ratio of 0.55 and a beta of 1.31. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The stock’s 50 day moving average price is $21.79 and its two-hundred day moving average price is $23.02.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the prior year, the firm posted $0.49 EPS. The firm’s revenue for the quarter was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Equities research 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 declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be issued a dividend of $0.1425 per share. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -300.00%.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $24.49, for a total value of $647,931.93. Following the sale, the chief executive officer owned 2,101,761 shares in the company, valued at $51,472,126.89. This represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Kirt P. Karros sold 36,460 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the sale, the senior vice president directly owned 18,785 shares of the company’s stock, valued at approximately $462,298.85. The trade was a 66.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.44% of the stock is owned by insiders.

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.