Quinn Opportunity Partners LLC Has $12.56 Million Stake in Hewlett Packard Enterprise Company $HPE

Quinn Opportunity Partners LLC boosted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 134.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 511,465 shares of the technology company’s stock after buying an additional 293,370 shares during the period. Hewlett Packard Enterprise comprises 0.9% of Quinn Opportunity Partners LLC’s portfolio, making the stock its 23rd largest holding. Quinn Opportunity Partners LLC’s holdings in Hewlett Packard Enterprise were worth $12,562,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. TFC Financial Management Inc. boosted its position in shares of Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock valued at $25,000 after acquiring an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Hewlett Packard Enterprise by 176.7% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after purchasing an additional 666 shares in the last quarter. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise during the second quarter worth about $26,000. Chilton Capital Management LLC bought a new position in Hewlett Packard Enterprise during the third quarter worth about $30,000. Finally, Clearstead Trust LLC boosted its holdings in Hewlett Packard Enterprise by 93.8% during the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after purchasing an additional 625 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 36,460 shares of the stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total transaction of $897,280.60. Following the sale, the senior vice president owned 18,785 shares of the company’s stock, valued at $462,298.85. This represents a 66.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Antonio F. Neri sold 26,457 shares of the firm’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the sale, the chief executive officer owned 2,101,761 shares of the company’s stock, valued at $51,472,126.89. The trade was a 1.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Up 0.1%

Shares of HPE opened at $21.60 on Friday. The company has a market capitalization of $28.70 billion, a P/E ratio of -113.66, a PEG ratio of 0.56 and a beta of 1.31. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $26.44. The business’s 50 day simple moving average is $21.91 and its 200-day simple moving average is $23.05. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.76.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. During the same period last year, the firm posted $0.49 EPS. The business’s revenue was up 18.4% on a year-over-year basis. 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. As a group, sell-side analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th will be paid a $0.1425 dividend. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -300.00%.

Wall Street Analyst Weigh In

HPE has been the topic of several analyst reports. Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Argus upped their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Citigroup increased their price objective on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Bank of America lifted their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.50.

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.