Commerzbank Aktiengesellschaft FI Reduces Stake in Hewlett Packard Enterprise Company $HPE

Commerzbank Aktiengesellschaft FI trimmed its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 18.2% in the fourth quarter, Holdings Channel reports. The firm owned 104,759 shares of the technology company’s stock after selling 23,260 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Hewlett Packard Enterprise were worth $2,516,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HPE. Bleakley Financial Group LLC raised its holdings in shares of Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock worth $1,045,000 after acquiring an additional 439 shares during the last quarter. JFS Wealth Advisors LLC raised its holdings in shares of Hewlett Packard Enterprise by 40.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after acquiring an additional 451 shares during the last quarter. Western Wealth Management LLC raised its holdings in shares of Hewlett Packard Enterprise by 3.3% in the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock worth $375,000 after acquiring an additional 489 shares during the last quarter. Metis Global Partners LLC raised its holdings in shares of Hewlett Packard Enterprise by 0.8% in the third quarter. Metis Global Partners LLC now owns 71,051 shares of the technology company’s stock worth $1,745,000 after acquiring an additional 570 shares during the last quarter. Finally, HighPoint Advisor Group LLC raised its holdings in shares of Hewlett Packard Enterprise by 3.1% in the fourth quarter. HighPoint Advisor Group LLC now owns 19,993 shares of the technology company’s stock worth $480,000 after acquiring an additional 593 shares during the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on HPE shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Citigroup boosted their price target on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley boosted their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 10th. Wall Street Zen cut Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Bank of America upped their target price on 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 analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.41.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $33.08 on Friday. The firm has a market capitalization of $43.89 billion, a P/E ratio of -174.08, a PEG ratio of 0.85 and a beta of 1.28. The stock has a fifty day moving average price of $25.72 and a 200 day moving average price of $23.75. Hewlett Packard Enterprise Company has a 52 week low of $17.02 and a 52 week high of $34.69. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.49 earnings per share. 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 anticipate that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio is presently -300.00%.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,482 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total transaction of $188,626.20. Following the completion of the sale, the director directly owned 8,018 shares in the company, valued at $233,323.80. This represents a 44.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of the company’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total value of $475,517.97. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 702,402 shares of company stock valued at $18,440,171 over the last three months. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Company 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.