Waverly Advisors LLC Buys 23,017 Shares of Hewlett Packard Enterprise Company $HPE

Waverly Advisors LLC lifted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 83.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,612 shares of the technology company’s stock after purchasing an additional 23,017 shares during the period. Waverly Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $2,283,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. CIBC Asset Management Inc increased its stake in shares of Hewlett Packard Enterprise by 60.2% in the 4th quarter. CIBC Asset Management Inc now owns 337,691 shares of the technology company’s stock valued at $8,111,000 after buying an additional 126,938 shares during the period. Irenic Capital Management LP acquired a new position in shares of Hewlett Packard Enterprise during the first quarter valued at $18,691,000. Banque Cantonale Vaudoise boosted its holdings in Hewlett Packard Enterprise by 73.6% in the fourth quarter. Banque Cantonale Vaudoise now owns 234,456 shares of the technology company’s stock valued at $5,632,000 after acquiring an additional 99,412 shares during the last quarter. Handelsbanken Fonder AB increased its position in Hewlett Packard Enterprise by 33.0% in the fourth quarter. Handelsbanken Fonder AB now owns 615,334 shares of the technology company’s stock worth $14,780,000 after purchasing an additional 152,810 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in Hewlett Packard Enterprise by 387.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,240,000 shares of the technology company’s stock worth $55,936,000 after purchasing an additional 985,829 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Price Performance

Shares of HPE opened at $62.02 on Friday. The stock has a market cap of $82.32 billion, a P/E ratio of 32.30, a price-to-earnings-growth ratio of 0.55 and a beta of 1.43. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25. The stock’s 50-day moving average price is $51.32 and its two-hundred day moving average price is $39.01. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65.

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

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be issued a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 0.9%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 29.69%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HPE. Piper Sandler reaffirmed a “neutral” rating and issued a $57.00 target price (down from $63.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, September 3rd. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. JPMorgan Chase & Co. raised their price objective on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Bank of America lifted their target price on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Finally, Argus reiterated a “buy” rating and set a $70.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.44.

More Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: Oracle’s spending plans lifted the broader AI hardware group, with investors viewing the guidance as evidence of sustained demand for HPE’s AI servers and networking products. HPE and Dell were among the leading gainers in the S&P 500. Dell and HPE Stocks Are Surging on the AI Spending Boom
• Positive Sentiment: HPE’s reported AI backlog of approximately $7.6 billion and rising networking orders point to strong customer demand as hyperscalers and enterprises expand AI infrastructure. This supports expectations for continued revenue growth and improving profitability. Can HPE Sustain Its AI Infrastructure Momentum Amid the Capex Cycle?
• Positive Sentiment: Recent commentary has highlighted HPE’s AI, cloud and networking exposure, stronger profitability and valuation that remains relatively attractive compared with some AI infrastructure peers. The stock’s recent momentum has also drawn additional investor attention. HPE Surges 26% in 3 Months
• Neutral Sentiment: The move follows considerable volatility in AI server shares: HPE recently pulled back alongside Dell and other industry names without any company-specific announcement, underscoring the sector’s sensitivity to changes in expectations for AI capital spending. AI Server Stocks Slide as Two-Day Run Unwinds
• Negative Sentiment: Investors still face execution and cycle risks: elevated expectations for AI infrastructure spending could leave HPE vulnerable if customer budgets slow, while the stock’s rapid advance may increase profit-taking and valuation concerns.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, SVP Kirt Karros sold 18,785 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.

HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.