Hewlett Packard Enterprise Company $HPE Shares Purchased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 1.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,193,105 shares of the technology company’s stock after purchasing an additional 46,086 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Hewlett Packard Enterprise were worth $78,423,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. TFC Financial Management Inc. grew its holdings in Hewlett Packard Enterprise by 2,694.4% in the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after buying an additional 970 shares in the last quarter. Headlands Technologies LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth $26,000. CVA Family Office LLC grew its stake in shares of Hewlett Packard Enterprise by 126.7% in the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after purchasing an additional 803 shares in the last quarter. Caldwell Trust Co increased its holdings in shares of Hewlett Packard Enterprise by 64.4% during the third quarter. Caldwell Trust Co now owns 1,526 shares of the technology company’s stock valued at $37,000 after purchasing an additional 598 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in shares of Hewlett Packard Enterprise by 74.4% during the second quarter. Hantz Financial Services Inc. now owns 1,611 shares of the technology company’s stock valued at $33,000 after purchasing an additional 687 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Insider Activity

In other news, SVP Jeremy Cox sold 13,463 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.68, for a total transaction of $332,266.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Maeve C. Culloty sold 35,958 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total transaction of $886,724.28. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 585,537 shares of company stock worth $14,255,864. 0.36% of the stock is owned by company insiders.

Hewlett Packard Enterprise Trading Down 1.0%

Shares of NYSE:HPE opened at $22.06 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The stock has a market capitalization of $29.44 billion, a price-to-earnings ratio of -367.62, a PEG ratio of 0.61 and a beta of 1.32. Hewlett Packard Enterprise Company has a 1-year low of $11.97 and a 1-year high of $26.44. The company has a 50 day moving average price of $23.04 and a 200 day moving average price of $22.81.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The company had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.58 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. On average, research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, December 19th will be paid a $0.1425 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.6%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -950.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HPE. Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 target price (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Argus increased their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Citigroup raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, October 6th. The Goldman Sachs Group initiated coverage on Hewlett Packard Enterprise in a research report on Tuesday. They issued a “buy” rating and a $31.00 target price for the company. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. One investment 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $25.53.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.