37,414 Hewlett Packard Enterprise Company $HPE Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP lifted its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 340.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,412 shares of the technology company’s stock after buying an additional 37,414 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Hewlett Packard Enterprise were worth $2,977,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Hewlett Packard Enterprise during the 2nd quarter valued at about $1,027,139,000. Primecap Management Co. CA acquired a new position in Hewlett Packard Enterprise during the second quarter worth about $773,225,000. Elliott Investment Management L.P. lifted its holdings in shares of Hewlett Packard Enterprise by 47.2% in the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after purchasing an additional 8,790,757 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Hewlett Packard Enterprise by 6.1% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock valued at $590,435,000 after purchasing an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $512,721,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on HPE shares. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, September 4th. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. UBS Group upped their target price on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the company a “neutral” rating in a research note on Thursday, October 1st. Evercore increased their target price on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a report on Thursday, October 1st. Finally, Bank of America increased their target price on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a report on Monday, August 31st. Two equities 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $65.44.

Insider Buying and Selling

In related news, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Rami Rahim sold 34,443 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the transaction, the executive vice president directly owned 840,690 shares in the company, valued at approximately $48,793,647.60. This trade represents a 3.94% 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. In the last quarter, insiders sold 585,899 shares of company stock valued at $37,270,329. 0.44% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $47.59 on Tuesday. The firm has a 50 day simple moving average of $59.10 and a 200-day simple moving average of $41.52. 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 cap of $63.17 billion, a PE ratio of 24.78, a P/E/G ratio of 0.32 and a beta of 1.46. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share 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 company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the previous year, the firm posted $0.44 EPS. Hewlett Packard Enterprise’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. On average, equities analysts expect that Hewlett Packard Enterprise Company will post 3.35 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

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.