180 Wealth Advisors LLC Buys 4,993 Shares of Hewlett Packard Enterprise Company $HPE

180 Wealth Advisors LLC lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 9.9% during the second quarter, Holdings Channel.com reports. The firm owned 55,579 shares of the technology company’s stock after acquiring an additional 4,993 shares during the period. 180 Wealth Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $1,137,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in HPE. National Bank of Canada FI boosted its position in shares of Hewlett Packard Enterprise by 1,369.1% during the 1st quarter. National Bank of Canada FI now owns 16,279,442 shares of the technology company’s stock worth $251,192,000 after purchasing an additional 15,171,314 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in Hewlett Packard Enterprise by 3,847.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 8,831,262 shares of the technology company’s stock valued at $180,599,000 after acquiring an additional 8,607,523 shares in the last quarter. AQR Capital Management LLC lifted its position in Hewlett Packard Enterprise by 45.6% in the 1st quarter. AQR Capital Management LLC now owns 12,521,303 shares of the technology company’s stock valued at $193,078,000 after acquiring an additional 3,922,516 shares in the last quarter. Vanguard Group Inc. lifted its position in Hewlett Packard Enterprise by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 167,199,996 shares of the technology company’s stock valued at $2,579,896,000 after acquiring an additional 2,779,446 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Hewlett Packard Enterprise by 15.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,584,742 shares of the technology company’s stock valued at $271,333,000 after acquiring an additional 2,373,850 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on HPE. Wolfe Research began coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, July 8th. They issued a “peer perform” rating on the stock. Barclays raised their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. JPMorgan Chase & Co. began coverage on shares of Hewlett Packard Enterprise in a research report on Thursday, July 17th. They issued an “overweight” rating and a $30.00 price target on the stock. Citigroup raised their price target on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Finally, Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “sell” rating to a “hold” rating in a research note on Sunday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $25.41.

Insider Transactions at Hewlett Packard Enterprise

In other news, Director Gary M. Reiner sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $24.58, for a total transaction of $983,200.00. Following the completion of the sale, the director owned 83,869 shares in the company, valued at $2,061,500.02. This trade represents a 32.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Antonio F. Neri sold 166,666 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $25.03, for a total transaction of $4,171,649.98. Following the completion of the transaction, the chief executive officer directly owned 1,585,726 shares of the company’s stock, valued at approximately $39,690,721.78. This trade represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 543,738 shares of company stock worth $12,922,932 in the last quarter. Insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Trading Up 1.4%

NYSE:HPE opened at $23.51 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.69 and a current ratio of 0.95. The firm has a market cap of $31.01 billion, a price-to-earnings ratio of 28.67, a price-to-earnings-growth ratio of 1.72 and a beta of 1.45. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The firm has a 50-day moving average price of $23.81 and a two-hundred day moving average price of $20.20.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Wednesday, September 3rd. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.09). Hewlett Packard Enterprise had a return on equity of 9.01% and a net margin of 3.77%.The company had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $8.77 billion. During the same quarter in the previous year, the business earned $0.50 EPS. The company’s revenue for the quarter was up 19.8% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. On average, equities analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 18th were paid a dividend of $0.13 per share. The ex-dividend date was Thursday, September 18th. This represents a $0.52 annualized dividend and a dividend yield of 2.2%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 63.41%.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.