22,773 Hewlett Packard Enterprise Company $HPE Shares Sold by Machina Capital S.A.S.

Machina Capital S.A.S. lessened its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 35.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,794 shares of the technology company’s stock after selling 22,773 shares during the quarter. Machina Capital S.A.S.’s holdings in Hewlett Packard Enterprise were worth $2,670,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Foster Group Inc. lifted its position in Hewlett Packard Enterprise by 2.8% during the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock valued at $341,000 after buying an additional 146 shares in the last quarter. Financial Insights Inc. grew its stake in Hewlett Packard Enterprise by 3.3% during the third quarter. Financial Insights Inc. now owns 5,429 shares of the technology company’s stock worth $347,000 after buying an additional 175 shares during the period. Oakworth Capital Inc. increased its position in shares of Hewlett Packard Enterprise by 2.3% in the third quarter. Oakworth Capital Inc. now owns 8,159 shares of the technology company’s stock worth $521,000 after acquiring an additional 181 shares in the last quarter. Joseph Group Capital Management increased its position in shares of Hewlett Packard Enterprise by 47.0% in the third quarter. Joseph Group Capital Management now owns 635 shares of the technology company’s stock worth $41,000 after acquiring an additional 203 shares in the last quarter. Finally, Baird Financial Group Inc. increased its position in shares of Hewlett Packard Enterprise by 1.4% in the second quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock worth $709,000 after acquiring an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $50.33 on Thursday. The firm has a market capitalization of $66.81 billion, a PE ratio of 26.21, a price-to-earnings-growth ratio of 0.31 and a beta of 1.46. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56. The stock’s 50 day moving average price is $59.00 and its 200 day moving average price is $41.80. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the company earned $0.44 earnings per share. Hewlett Packard Enterprise’s revenue for the quarter was up 33.7% on a year-over-year basis. 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. As a group, sell-side analysts expect that Hewlett Packard Enterprise Company will post 3.35 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were paid a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Analyst Ratings Changes

HPE has been the topic of a number of research reports. Truist Financial reissued a “buy” rating and issued a $75.00 target price (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Weiss Ratings cut shares of Hewlett Packard Enterprise from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Citigroup upped their price target on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. UBS Group increased their price target on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the company a “neutral” rating in a report on Thursday, October 1st. Finally, Wells Fargo & Company raised their price objective on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a research report on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $65.44.

Insider Activity

In related news, EVP Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the sale, the executive vice president owned 875,133 shares of the company’s stock, valued at $53,750,668.86. The trade was a 3.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director owned 65,072 shares in the company, valued at $3,703,247.52. This represents a 20.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 585,899 shares of company stock worth $37,270,329. 0.44% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing. HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.