Allianz Asset Management GmbH Has $120.65 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

Allianz Asset Management GmbH decreased its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,912,316 shares of the technology company’s stock after selling 37,014 shares during the period. Allianz Asset Management GmbH owned approximately 0.37% of Hewlett Packard Enterprise worth $120,646,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. TFC Financial Management Inc. boosted 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 valued at $25,000 after purchasing an additional 970 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 176.7% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after buying an additional 666 shares in the last quarter. CVA Family Office LLC boosted 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 valued at $29,000 after buying an additional 803 shares during the period. Finally, Chilton Capital Management LLC acquired a new stake in Hewlett Packard Enterprise during the third quarter worth approximately $30,000. Institutional investors own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Argus increased their target price on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Barclays increased their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, UBS Group lifted their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $25.53.

Hewlett Packard Enterprise Stock Performance

Hewlett Packard Enterprise stock opened at $21.78 on Wednesday. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44. The firm’s fifty day moving average price is $22.88 and its 200-day moving average price is $22.88. The stock has a market cap of $29.06 billion, a P/E ratio of -362.92, a price-to-earnings-growth ratio of 0.60 and a beta of 1.33. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for 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 revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the business posted $0.58 earnings per share. 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, equities research analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

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

Insiders Place Their Bets

In related news, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Maeve C. Culloty sold 35,958 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. 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 three months. 0.36% of the stock is currently owned by company 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.