Hewlett Packard Enterprise Company $HPE Position Trimmed by One Way Holdings LLC

One Way Holdings LLC decreased its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 28.9% during the third quarter, HoldingsChannel.com reports. The fund owned 762,844 shares of the technology company’s stock after selling 310,388 shares during the quarter. Hewlett Packard Enterprise comprises 2.2% of One Way Holdings LLC’s investment portfolio, making the stock its 6th biggest position. One Way Holdings LLC’s holdings in Hewlett Packard Enterprise were worth $48,738,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Welch Group LLC purchased a new position in shares of Hewlett Packard Enterprise in the third quarter valued at $259,000. True Freedom Investing LLC bought a new stake in Hewlett Packard Enterprise in the third quarter worth $1,280,000. Walled Lake Planning & Wealth Management LLC raised its stake in Hewlett Packard Enterprise by 4.1% during the third quarter. Walled Lake Planning & Wealth Management LLC now owns 33,860 shares of the technology company’s stock valued at $2,163,000 after purchasing an additional 1,318 shares in the last quarter. Pinkerton Wealth LLC purchased a new stake in Hewlett Packard Enterprise during the third quarter valued at $719,000. Finally, Virtue Capital Management LLC raised its stake in Hewlett Packard Enterprise by 10.8% during the third quarter. Virtue Capital Management LLC now owns 10,998 shares of the technology company’s stock valued at $703,000 after purchasing an additional 1,073 shares in the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the sale, the director owned 65,072 shares in the company, 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 can be accessed through the SEC website. Also, EVP Rami Rahim sold 34,443 shares of the stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total value of $1,999,071.72. Following the completion of the transaction, the executive vice president directly owned 840,690 shares in the company, valued at $48,793,647.60. This represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Stock Performance

Shares of Hewlett Packard Enterprise stock opened at $55.22 on Monday. The company has a market capitalization of $73.31 billion, a PE ratio of 28.76, a price-to-earnings-growth ratio of 0.46 and a beta of 1.39. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.56. The stock’s fifty day moving average is $59.71 and its two-hundred day moving average is $40.71.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter last year, the firm posted $0.44 earnings per share. The business’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. As a group, analysts expect that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were issued a dividend of $0.1425 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HPE. Loop Capital dropped their price objective on shares of Hewlett Packard Enterprise from $75.00 to $65.00 and set a “buy” rating for the company in a research note on Tuesday, September 8th. Barclays downgraded shares of Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $83.00 to $77.00 in a report on Wednesday, October 14th. JPMorgan Chase & Co. upped their target price on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a research report on Tuesday, August 25th. Wells Fargo & Company increased their price target on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday, October 1st. Finally, Citigroup lifted their price target on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and an average target price of $65.44.

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.