12,873 Hewlett Packard Enterprise Company $HPE Shares Acquired by Ethic Inc.

Ethic Inc. lifted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 5.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 234,210 shares of the technology company’s stock after buying an additional 12,873 shares during the period. Ethic Inc.’s holdings in Hewlett Packard Enterprise were worth $14,964,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Foster Group Inc. increased its holdings in Hewlett Packard Enterprise by 2.8% in the 3rd quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock valued at $341,000 after purchasing an additional 146 shares in the last quarter. Financial Insights Inc. raised its position in Hewlett Packard Enterprise by 3.3% in the third quarter. Financial Insights Inc. now owns 5,429 shares of the technology company’s stock valued at $347,000 after purchasing an additional 175 shares during the period. Oakworth Capital Inc. raised its position in Hewlett Packard Enterprise by 2.3% in the third quarter. Oakworth Capital Inc. now owns 8,159 shares of the technology company’s stock valued at $521,000 after purchasing an additional 181 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Hewlett Packard Enterprise by 1.4% during the second quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock worth $709,000 after purchasing an additional 212 shares in the last quarter. Finally, CHICAGO TRUST Co NA lifted its stake in shares of Hewlett Packard Enterprise by 4.0% during the third quarter. CHICAGO TRUST Co NA now owns 5,535 shares of the technology company’s stock worth $354,000 after purchasing an additional 215 shares in the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hewlett Packard Enterprise

In other news, Director Gary M. Reiner sold 17,000 shares of the business’s 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 of the company’s stock, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rami Rahim sold 34,443 shares of the company’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the completion of the sale, the executive vice president owned 840,690 shares in the company, valued at approximately $48,793,647.60. This trade represents a 3.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 585,899 shares of company stock valued at $37,270,329. Insiders own 0.44% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $44.73 on Friday. The stock has a market cap of $59.38 billion, a P/E ratio of 23.30, a price-to-earnings-growth ratio of 0.29 and a beta of 1.46. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a 50 day moving average of $59.20 and a 200-day moving average of $41.39. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business’s revenue was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 earnings per share. 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. On average, analysts expect that Hewlett Packard Enterprise Company will post 3.35 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

Analyst Ratings Changes

HPE has been the subject of several analyst reports. Barclays downgraded Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $83.00 to $77.00 in a research report on Wednesday, October 14th. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and raised their target price for the company from $65.00 to $75.00 in a report on Friday, October 2nd. Loop Capital reduced their price target on Hewlett Packard Enterprise from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. Weiss Ratings upgraded Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 4th. Finally, JPMorgan Chase & Co. upped their price target on Hewlett Packard Enterprise from $68.00 to $70.00 in a report on Tuesday, August 25th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $65.44.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE’s networking rollout connects EdgeConnect with Mist and Aruba Central, bringing security, wired and wireless management into a unified, increasingly automated platform. This could strengthen its networking offering, though the article does not report financial results from the rollout. HPE networking rollout and valuation
• Positive Sentiment: HPE shares participated in a partial recovery among AI-server stocks after the group’s post-midterm sell-off. The rebound suggests some buyers returned to the sector, although trading across the group remains volatile. AI-server stocks rebound
• Neutral Sentiment: Valuation articles argue HPE may be substantially undervalued following its pullback and raised outlook. These are analyst-style assessments, not new company results or guarantees of a recovery. HPE valuation commentary
• Negative Sentiment: Super Micro Computer’s collaboration with NVIDIA adds to competition in AI servers, a key growth market for HPE. Its new GPU, cooling and rack-scale offerings could challenge HPE and other rivals. Super Micro and NVIDIA collaboration

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing.

HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.