Ruffer LLP Decreases Stock Position in Hewlett Packard Enterprise Company $HPE

Ruffer LLP lessened its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 62.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,531 shares of the technology company’s stock after selling 276,229 shares during the period. Ruffer LLP’s holdings in Hewlett Packard Enterprise were worth $4,041,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Empowered Funds LLC increased its stake in shares of Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after purchasing an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Hewlett Packard Enterprise by 44.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after buying an additional 1,377 shares in the last quarter. Signaturefd LLC raised its holdings in Hewlett Packard Enterprise by 20.0% during the 2nd quarter. Signaturefd LLC now owns 26,253 shares of the technology company’s stock valued at $537,000 after acquiring an additional 4,371 shares during the period. GC Wealth Management RIA LLC purchased a new stake in shares of Hewlett Packard Enterprise during the second quarter worth $345,000. Finally, PFG Investments LLC bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at $244,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $21.73 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The firm has a market cap of $29.00 billion, a P/E ratio of -362.14, a P/E/G ratio of 0.59 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 firm has a 50-day moving average of $22.79 and a 200-day moving average of $22.84.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The business had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. During the same quarter last year, the business posted $0.58 EPS. The business’s revenue was up 14.7% on a year-over-year basis. 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. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. UBS Group raised their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Argus raised their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Citigroup increased their target price on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $25.00 price target (down from $28.00) on shares of Hewlett Packard Enterprise in a report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Hewlett Packard Enterprise has an average rating of “Hold” and a consensus price target of $25.53.

Insiders Place Their Bets

In other news, EVP Maeve C. Culloty sold 35,958 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total transaction of $886,724.28. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Jeremy Cox sold 13,463 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.68, for a total transaction of $332,266.84. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 585,537 shares of company stock valued at $14,255,864 over the last ninety days. 0.36% of the stock is owned by corporate insiders.

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.