Hewlett Packard Enterprise Company $HPE Shares Sold by Trek Financial LLC

Trek Financial LLC reduced its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 88.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,329 shares of the technology company’s stock after selling 26,083 shares during the quarter. Trek Financial LLC’s holdings in Hewlett Packard Enterprise were worth $213,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HPE. Delos Wealth Advisors LLC acquired a new stake in Hewlett Packard Enterprise in the second quarter valued at approximately $27,000. First Bancorp Inc ME bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $30,000. Triumph Capital Management raised its position in shares of Hewlett Packard Enterprise by 208.6% during the third quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock worth $30,000 after purchasing an additional 315 shares during the period. Ramsey Quantitative Systems acquired a new position in shares of Hewlett Packard Enterprise during the third quarter worth approximately $31,000. Finally, Transamerica Financial Advisors LLC acquired a new position in shares of Hewlett Packard Enterprise during the second quarter worth approximately $37,000. Institutional investors own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on HPE shares. Argus reissued a “buy” rating and issued a $70.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday, September 4th. Morgan Stanley upped their price objective on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a report on Thursday, October 1st. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 30th. Truist Financial reaffirmed a “buy” rating and issued a $75.00 price objective (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Finally, Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $65.44.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $50.02 on Thursday. The firm has a market capitalization of $66.41 billion, a P/E ratio of 26.05, a P/E/G ratio of 0.34 and a beta of 1.46. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.56. The stock has a 50 day moving average price of $59.61 and a two-hundred day moving average price of $41.15. 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 posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The company had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter last year, the company earned $0.44 earnings per share. The company’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. Equities analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were issued 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 currently 29.69%.

More Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: Zacks included HPE on its Strong Buy, value, momentum and income-stock lists. Separate coverage also said the company has factors that could support another earnings beat. New Strong Buy Stocks for November 3rd Will HPE Beat Estimates Again?
• Positive Sentiment: Recent investor commentary points to AI networking as a potential growth driver that could reshape HPE’s earnings story. CEO commentary that HPE has “zero exposure” to AI’s financing web may also help allay concerns about financing risks in the sector. Networking Is Changing The Earnings Story HPE CEO on AI financing exposure
• Negative Sentiment: The clearest near-term headwind was a broad retreat in AI infrastructure stocks. Reports cited worries about server makers’ margins and voter opposition to data-center projects; HPE fell alongside Dell and Super Micro, suggesting sector sentiment—not company-specific news—was weighing on shares. AI server stocks pressured by margin worries and data-center backlash

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary Reiner sold 17,000 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the transaction, the executive vice president directly owned 875,133 shares in the company, valued at approximately $53,750,668.86. This represents a 3.79% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 585,899 shares of company stock valued at $37,270,329 over the last ninety days. Corporate insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.