Assetmark Inc. Buys 48,758 Shares of Hewlett Packard Enterprise Company $HPE

Assetmark Inc. raised its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 45.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 156,870 shares of the technology company’s stock after acquiring an additional 48,758 shares during the quarter. Assetmark Inc.’s holdings in Hewlett Packard Enterprise were worth $3,853,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Public Sector Pension Investment Board grew its stake in Hewlett Packard Enterprise by 11.5% during the third quarter. Public Sector Pension Investment Board now owns 138,344 shares of the technology company’s stock worth $3,398,000 after buying an additional 14,300 shares during the last quarter. Caisse Des Depots ET Consignations increased its holdings in shares of Hewlett Packard Enterprise by 33.1% in the third quarter. Caisse Des Depots ET Consignations now owns 112,052 shares of the technology company’s stock valued at $2,752,000 after purchasing an additional 27,866 shares in the last quarter. Savvy Advisors Inc. raised its position in Hewlett Packard Enterprise by 16.5% in the 3rd quarter. Savvy Advisors Inc. now owns 12,748 shares of the technology company’s stock worth $313,000 after purchasing an additional 1,803 shares during the last quarter. Cibc World Market Inc. lifted its holdings in Hewlett Packard Enterprise by 34.3% during the 3rd quarter. Cibc World Market Inc. now owns 242,036 shares of the technology company’s stock worth $5,944,000 after buying an additional 61,871 shares in the last quarter. Finally, Caprock Group LLC bought a new position in Hewlett Packard Enterprise in the 3rd quarter valued at $2,974,000. Institutional investors own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Piper Sandler initiated coverage on Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price target on the stock. Citigroup cut their target price on shares of Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They set a “buy” rating and a $31.00 price target for the company. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $25.00 price objective (down from $28.00) on shares of Hewlett Packard Enterprise in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $25.41.

Insider Transactions at Hewlett Packard Enterprise

In related news, EVP Fidelma Russo sold 126,512 shares of the firm’s stock in a transaction on 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John F. Schultz sold 148,501 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the completion of the transaction, the executive vice president directly owned 248,091 shares of the company’s stock, valued at approximately $6,199,794.09. The trade was a 37.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 585,537 shares of company stock valued at $14,255,864. 0.36% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Trading Down 3.2%

HPE opened at $21.96 on Wednesday. The firm’s fifty day moving average is $22.98 and its two-hundred day moving average is $23.06. The firm has a market cap of $29.18 billion, a PE ratio of -365.94, a price-to-earnings-growth ratio of 0.62 and a beta of 1.33. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data 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 the consensus estimate of $9.91 billion. During the same quarter last year, the business posted $0.58 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. 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. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were issued a dividend of $0.1425 per share. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, December 19th. This represents a $0.57 annualized dividend and a yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio is -950.00%.

About Hewlett Packard Enterprise

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.