302,705 Shares of Hewlett Packard Enterprise Company $HPE Bought by Generate Investment Management Ltd

Generate Investment Management Ltd acquired a new stake in Hewlett Packard Enterprise Company (NYSE:HPE) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 302,705 shares of the technology company’s stock, valued at approximately $19,340,000. Hewlett Packard Enterprise accounts for 0.8% of Generate Investment Management Ltd’s investment portfolio, making the stock its 27th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Elliott Investment Management L.P. increased its holdings in Hewlett Packard Enterprise by 47.2% in the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after purchasing an additional 8,790,757 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $1,027,139,000. Primecap Management Co. CA bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $773,225,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Hewlett Packard Enterprise by 6.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock valued at $590,435,000 after acquiring an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at $512,721,000. Institutional investors own 80.78% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HPE shares. Morgan Stanley increased their price objective on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, October 1st. Evercore boosted their price objective on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a report on Thursday, October 1st. Piper Sandler upped their target price on Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, October 1st. Zacks Research upgraded Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.44.

Hewlett Packard Enterprise Stock Down 7.1%

Shares of NYSE:HPE traded down $4.88 during mid-day trading on Wednesday, hitting $63.93. 11,552,674 shares of the company traded hands, compared to its average volume of 21,216,486. The stock has a market cap of $84.86 billion, a P/E ratio of 33.30, a P/E/G ratio of 0.63 and a beta of 1.39. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month high of $73.56. The stock has a 50-day moving average price of $58.98 and a two-hundred day moving average price of $45.75.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. Hewlett Packard Enterprise’s revenue was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.44 earnings per share. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. On average, equities research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is presently 29.69%.

Trending Headlines about Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE continues to benefit from demand for AI infrastructure, networking and cloud services. Its partnership with NVIDIA is intended to strengthen its enterprise AI offerings and competitive position against Dell and Super Micro Computer. HPE Partners With NVIDIA
• Positive Sentiment: The company recently raised its networking growth outlook and announced a $1.2 billion AI order from cloud provider Vultr, while its latest quarterly results exceeded revenue and earnings expectations. What Changed for HPE Stock
• Neutral Sentiment: Despite these improving fundamentals, HPE’s stock had gained approximately 193% over the prior year, substantially outperforming the S&P 500. The rally has increased investor expectations and made valuation a central concern.
• Negative Sentiment: Barclays downgraded HPE from Overweight to Equal Weight and reduced its price target from $83 to $77. Analyst Tim Long cited elevated valuation and the absence of a meaningful AI-driven growth inflection across enterprise hardware companies. Why Are Dell and HPE Stocks Plunging?
• Negative Sentiment: The downgrade follows Evercore ISI’s move to In Line, which argued that HPE’s valuation was stretched and that limited near-term catalysts remained for further multiple expansion. Evercore cited shares trading at roughly 13 times fiscal 2027 earnings versus an approximately eight-times five-year average. Evercore’s Valuation-Driven Downgrade

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 250,000 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $68.31, for a total value of $17,077,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,182,393 shares of the company’s stock, valued at $80,769,265.83. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total value of $2,116,287.52. Following the sale, the executive vice president directly owned 875,133 shares of the company’s stock, valued at $53,750,668.86. The trade was a 3.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 551,456 shares of company stock worth $35,271,258. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.