Mizuho Markets Cayman LP Sells 5,161,128 Shares of Hewlett Packard Enterprise Company $HPE

Mizuho Markets Cayman LP decreased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPEFree Report) by 99.9% during the third quarter, Holdings Channel reports. The institutional investor owned 7,567 shares of the technology company’s stock after selling 5,161,128 shares during the period. Mizuho Markets Cayman LP’s holdings in Hewlett Packard Enterprise were worth $186,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Bleakley Financial Group LLC lifted its position in shares of Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after acquiring an additional 439 shares in the last quarter. Spire Wealth Management grew its position in shares of Hewlett Packard Enterprise by 7.1% during the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock worth $164,000 after purchasing an additional 445 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in Hewlett Packard Enterprise by 11.1% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock valued at $100,000 after purchasing an additional 489 shares during the period. Western Wealth Management LLC raised its stake in Hewlett Packard Enterprise by 3.3% during the 3rd quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock valued at $375,000 after purchasing an additional 489 shares during the period. Finally, Trust Co. of Vermont lifted its holdings in Hewlett Packard Enterprise by 6.4% in the 3rd quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock worth $217,000 after purchasing an additional 533 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Down 0.8%

Shares of HPE opened at $21.68 on Wednesday. The stock has a market capitalization of $28.76 billion, a price-to-earnings ratio of -114.09, a price-to-earnings-growth ratio of 0.56 and a beta of 1.31. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The business’s 50 day simple moving average is $21.82 and its 200-day simple moving average is $23.04. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last posted its earnings results on Monday, March 9th. The technology company reported $0.65 EPS 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 the consensus estimate of $9.31 billion. During the same period in the prior year, the company earned $0.49 EPS. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. 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, equities analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th will be paid a $0.1425 dividend. 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 (DPR) is presently -300.00%.

Wall Street Analyst Weigh In

HPE has been the subject of a number of research analyst reports. Argus increased their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Citigroup boosted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Finally, Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus target price of $26.50.

Read Our Latest Analysis on Hewlett Packard Enterprise

Insider Transactions at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 26,457 shares of the business’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total value of $647,931.93. Following the sale, the chief executive officer directly owned 2,101,761 shares in the company, valued at $51,472,126.89. The trade was a 1.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the sale, the senior vice president owned 18,785 shares in the company, valued at approximately $462,298.85. This trade represents a 66.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.44% of the company’s stock.

More Hewlett Packard Enterprise News

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About Hewlett Packard Enterprise

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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