93,832 Shares of Hewlett Packard Enterprise Company $HPE Acquired by First Nebraska Trust Co

First Nebraska Trust Co bought a new position in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 93,832 shares of the technology company’s stock, valued at approximately $5,994,000.

Several other institutional investors and hedge funds have also recently modified their holdings of HPE. Foster Group Inc. grew its holdings in shares of Hewlett Packard Enterprise by 2.8% during the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock worth $341,000 after purchasing an additional 146 shares in the last quarter. Financial Insights Inc. increased its position in shares of Hewlett Packard Enterprise by 3.3% in the third quarter. Financial Insights Inc. now owns 5,429 shares of the technology company’s stock worth $347,000 after purchasing an additional 175 shares during the last quarter. Oakworth Capital Inc. increased its holdings in shares of Hewlett Packard Enterprise by 2.3% in the 3rd quarter. Oakworth Capital Inc. now owns 8,159 shares of the technology company’s stock worth $521,000 after buying an additional 181 shares during the last quarter. Baird Financial Group Inc. raised its position in 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 valued at $709,000 after purchasing an additional 212 shares in the last quarter. Finally, CHICAGO TRUST Co NA raised its holdings in shares of Hewlett Packard Enterprise by 4.0% during the 3rd quarter. CHICAGO TRUST Co NA now owns 5,535 shares of the technology company’s stock valued at $354,000 after buying an additional 215 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HPE shares. Wells Fargo & Company lifted their target price on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 1st. Truist Financial reaffirmed a “buy” rating and set a $75.00 price objective (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. The Goldman Sachs Group lifted their price objective on Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Wall Street Zen raised Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 30th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Hewlett Packard Enterprise in a report on Tuesday, September 1st. They set a “buy” rating and a $62.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Hewlett Packard Enterprise presently has an average rating of “Moderate Buy” and a consensus price target of $65.44.

Read Our Latest Analysis on Hewlett Packard Enterprise

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $53.36 on Wednesday. The stock’s 50 day simple moving average is $59.68 and its two-hundred day simple moving average is $41.01. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The stock has a market cap of $70.83 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 0.33 and a beta of 1.46. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The business’s revenue was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 EPS. 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 fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders 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 dividend on an annualized basis and a yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, Director Gary Reiner sold 17,000 shares of the company’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 sale, the director directly owned 65,072 shares of the company’s stock, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rami Rahim sold 34,456 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $53,750,668.86. The trade was a 3.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 585,899 shares of company stock valued at $37,270,329. 0.44% of the stock is currently owned by company insiders.

Key Stories Impacting Hewlett Packard Enterprise

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Hewlett Packard Enterprise Company Profile

(Free Report)

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.

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

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