Hewlett Packard Enterprise Company $HPE Stock Bought by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC lifted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 14.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 77,912 shares of the technology company’s stock after purchasing an additional 9,793 shares during the period. Signal Advisors Wealth LLC’s holdings in Hewlett Packard Enterprise were worth $4,978,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Delos Wealth Advisors LLC bought a new stake in Hewlett Packard Enterprise in the second quarter worth $27,000. First Bancorp Inc ME purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at about $30,000. Bullock Wealth Management Group bought a new position in shares of Hewlett Packard Enterprise during the third quarter valued at about $48,000. Transamerica Financial Advisors LLC bought a new position in shares of Hewlett Packard Enterprise during the second quarter valued at about $37,000. Finally, North Point Portfolio Managers Corp OH purchased a new position in shares of Hewlett Packard Enterprise in the third quarter worth about $58,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE:HPE opened at $68.72 on Wednesday. The company has a market cap of $91.22 billion, a price-to-earnings ratio of 25.39, a price-to-earnings-growth ratio of 0.63 and a beta of 1.39. The company has a 50-day moving average price of $58.98 and a 200-day moving average price of $45.75. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The company 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%. Hewlett Packard Enterprise’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same period in the prior year, the business posted $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. As a group, equities analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be issued a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 0.8%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 29.69%.

Key Headlines Impacting Hewlett Packard Enterprise

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

  • Positive Sentiment: HPE’s partnership with NVIDIA (NVDA) is expected to strengthen its enterprise AI offerings and improve its competitive position against Super Micro Computer and Dell. HPE Partners With NVIDIA
  • Positive Sentiment: The company recently raised its networking revenue growth outlook and announced a $1.2 billion AI order from cloud provider Vultr, supporting the investment case for HPE’s higher-growth businesses. What Changed For HPE Stock, And What Did Not?
  • Positive Sentiment: HPE’s latest quarterly results exceeded expectations, with revenue rising 33.7% year over year and earnings per share surpassing the analyst consensus, while management increased its fiscal 2026 and 2027 outlooks.
  • Neutral Sentiment: The stock had gained roughly 193% over the prior year, substantially outperforming the S&P 500. That momentum reflects improving business trends but also leaves the shares more sensitive to profit-taking and valuation concerns.
  • Negative Sentiment: Evercore ISI downgraded HPE to In Line from Outperform and maintained a $65 price target. Analyst Amit Daryanani argued that the stock’s valuation had become stretched after its rally, with limited near-term catalysts for additional multiple expansion. Evercore’s Valuation-Driven Downgrade
  • Negative Sentiment: Evercore said HPE was trading at approximately 13 times projected fiscal 2027 earnings, compared with a five-year average near eight times. The downgrade raises concerns that strong fundamentals may already be reflected in the share price, pressuring HPE even as operating trends remain favorable. Why HPE Shares Are Trading Lower

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on HPE shares. Daiwa Securities Group raised Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $65.00 to $75.00 in a research note on Friday, October 2nd. The Goldman Sachs Group raised their price target on Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Truist Financial reaffirmed a “buy” rating and issued a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Argus reaffirmed a “buy” rating and issued a $70.00 price target on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Finally, Evercore boosted their price objective on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $65.78.

Check Out Our Latest Research Report on HPE

Insiders Place Their Bets

In related news, EVP Rami Rahim sold 34,456 shares of the company’s 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 completion of the transaction, the executive vice president owned 875,133 shares in the company, valued at $53,750,668.86. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 250,000 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $68.31, for a total value of $17,077,500.00. Following the transaction, the chief executive officer owned 1,182,393 shares of the company’s stock, valued at approximately $80,769,265.83. This represents a 17.45% 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. In the last 90 days, insiders sold 551,456 shares of company stock worth $35,271,258. 0.44% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Company Profile

(Free Report)

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

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.

Further Reading

Want to see what other hedge funds are holding HPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hewlett Packard Enterprise Company (NYSE:HPE – Free Report).

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

Receive News & Ratings for Hewlett Packard Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hewlett Packard Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.