University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the third quarter, Holdings Channel reports. The fund acquired 53,656 shares of the technology company’s stock, valued at approximately $3,436,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Foster Group Inc. increased its position in shares of Hewlett Packard Enterprise by 2.8% in the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock worth $341,000 after acquiring an additional 146 shares in the last quarter. Financial Insights Inc. lifted its position in shares of Hewlett Packard Enterprise by 3.3% in the 3rd quarter. Financial Insights Inc. now owns 5,429 shares of the technology company’s stock valued at $347,000 after acquiring an additional 175 shares in the last quarter. Oakworth Capital Inc. lifted its position 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 valued at $521,000 after acquiring an additional 181 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Hewlett Packard Enterprise by 1.4% in the 2nd 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 during the period. Finally, CHICAGO TRUST Co NA boosted its stake in Hewlett Packard Enterprise by 4.0% in the 3rd 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 during the period. 80.78% of the stock is currently owned by institutional investors and hedge funds.
Hewlett Packard Enterprise Price Performance
NYSE HPE opened at $44.73 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The firm has a market capitalization of $59.38 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 0.29 and a beta of 1.46. The company has a 50 day simple moving average of $59.20 and a 200-day simple 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 – Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the previous year, the firm posted $0.44 earnings per share. The firm’s revenue 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. Equities research analysts predict that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current fiscal year.
Hewlett Packard Enterprise Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were paid 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 1.3%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 29.69%.
Insider Activity
In other news, Director Gary M. Reiner sold 17,000 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director directly owned 65,072 shares in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Rami Rahim sold 34,456 shares of the company’s stock in a transaction 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 directly owned 875,133 shares in the company, valued at $53,750,668.86. This trade represents 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. Insiders have sold a total of 585,899 shares of company stock worth $37,270,329 in the last ninety days. Corporate insiders own 0.44% of the company’s stock.
Trending Headlines about Hewlett Packard Enterprise
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
Analysts Set New Price Targets
HPE has been the topic of several research analyst reports. Morgan Stanley lifted their price objective on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, October 1st. Truist Financial restated a “buy” rating and issued a $75.00 target price (up from $70.00) on shares of Hewlett Packard Enterprise in a report on Thursday, October 1st. Wells Fargo & Company raised their target price on 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. Raymond James Financial lifted their price target on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Finally, Zacks Research raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise currently has an average rating of “Moderate Buy” and a consensus price target of $65.44.
Read Our Latest Stock Analysis on HPE
About Hewlett Packard Enterprise
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.
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