Hewlett Packard Enterprise Company $HPE Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPEFree Report) by 5.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 516,092 shares of the technology company’s stock after purchasing an additional 25,321 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $12,470,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Hewlett Packard Enterprise by 1.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 65,701 shares of the technology company’s stock valued at $1,588,000 after purchasing an additional 656 shares during the period. Mn Services Vermogensbeheer B.V. increased its holdings in Hewlett Packard Enterprise by 3.0% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 505,757 shares of the technology company’s stock valued at $12,148,000 after buying an additional 14,757 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Hewlett Packard Enterprise by 21.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 118,485 shares of the technology company’s stock valued at $2,846,000 after buying an additional 21,211 shares in the last quarter. Thompson Investment Management Inc. acquired a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $34,000. Finally, Spire Wealth Management boosted its position in shares of Hewlett Packard Enterprise by 15.4% in the 4th quarter. Spire Wealth Management now owns 7,725 shares of the technology company’s stock worth $186,000 after buying an additional 1,031 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Summary

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

Insider Buying and Selling

In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 112,652 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total value of $2,826,438.68. Following the completion of the sale, the executive vice president directly owned 56,494 shares of the company’s stock, valued at approximately $1,417,434.46. The trade was a 66.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Fidelma Russo sold 34,001 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares of the company’s stock, valued at $426,385.08. This trade represents a 66.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 411,085 shares of company stock worth $10,337,582. 0.44% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on HPE. Citigroup increased their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday, March 11th. Truist Financial started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday. They set a “buy” rating and a $31.00 target price for the company. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Morgan Stanley raised their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $26.76.

Read Our Latest Research Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Trading Up 0.8%

Hewlett Packard Enterprise stock opened at $24.00 on Thursday. The stock has a 50-day moving average price of $22.16 and a 200 day moving average price of $23.02. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The stock has a market cap of $31.85 billion, a PE ratio of -126.34, a P/E/G ratio of 0.61 and a beta of 1.20. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last released its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The company had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.31 billion. During the same period in the prior year, the firm earned $0.49 EPS. The firm’s quarterly 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. Equities research analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be given a dividend of $0.1425 per share. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -300.00%.

Hewlett Packard Enterprise Company Profile

(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.

See Also

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

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