Boothbay Fund Management LLC Makes New Investment in Hewlett Packard Enterprise Company $HPE

Boothbay Fund Management LLC acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 779,028 shares of the technology company’s stock, valued at approximately $19,133,000.

A number of other large investors also recently modified their holdings of HPE. Mcintyre Freedman & Flynn Investment Advisers Inc. grew its stake in shares of Hewlett Packard Enterprise by 743.7% in the 2nd quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after acquiring an additional 135,725 shares in the last quarter. Caxton Associates LLP lifted its position in shares of Hewlett Packard Enterprise by 106.8% during the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after purchasing an additional 92,438 shares in the last quarter. Swiss National Bank boosted its holdings in Hewlett Packard Enterprise by 7.2% during the second quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock worth $81,315,000 after purchasing an additional 266,600 shares during the last quarter. Knights of Columbus Asset Advisors LLC boosted its holdings in Hewlett Packard Enterprise by 118.8% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company’s stock worth $3,567,000 after purchasing an additional 78,859 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its position in Hewlett Packard Enterprise by 12.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 558,702 shares of the technology company’s stock worth $13,722,000 after purchasing an additional 60,353 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Wall Street Analysts Forecast Growth

HPE has been the topic of several recent analyst reports. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday. Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Argus lifted their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, The Goldman Sachs Group started coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price objective on the stock. One equities 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $26.50.

Hewlett Packard Enterprise Trading Up 0.1%

Shares of HPE stock opened at $21.60 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The firm has a market cap of $28.70 billion, a P/E ratio of -113.66, a PEG ratio of 0.56 and a beta of 1.31. The company has a 50 day moving average of $21.91 and a 200-day moving average of $23.05. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate 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 business had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. During the same quarter in the prior year, the business earned $0.49 earnings per share. Hewlett Packard Enterprise’s revenue for the quarter 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. Sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

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

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 26,457 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $24.49, for a total value 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 approximately $51,472,126.89. This trade represents a 1.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the sale, the senior vice president owned 18,785 shares in the company, valued at $462,298.85. This represents a 66.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.44% of the stock is currently owned by corporate insiders.

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.