Oppenheimer & Co. Inc. Has $3.41 Million Holdings in Hewlett Packard Enterprise Company $HPE

Oppenheimer & Co. Inc. grew its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 155.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 138,692 shares of the technology company’s stock after purchasing an additional 84,356 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Hewlett Packard Enterprise were worth $3,406,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HPE. Linden Thomas Advisory Services LLC raised its stake in Hewlett Packard Enterprise by 0.7% during the third quarter. Linden Thomas Advisory Services LLC now owns 112,875 shares of the technology company’s stock worth $2,772,000 after buying an additional 763 shares during the last quarter. Western Wealth Management LLC raised its position in shares of Hewlett Packard Enterprise by 3.3% in the 3rd quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock worth $375,000 after acquiring an additional 489 shares in the last quarter. Waterfront Wealth Inc. raised its position in shares of Hewlett Packard Enterprise by 0.8% in the 3rd quarter. Waterfront Wealth Inc. now owns 160,271 shares of the technology company’s stock worth $3,677,000 after acquiring an additional 1,283 shares in the last quarter. First Dallas Securities Inc. lifted its stake in shares of Hewlett Packard Enterprise by 33.5% in the 3rd quarter. First Dallas Securities Inc. now owns 65,178 shares of the technology company’s stock valued at $1,601,000 after purchasing an additional 16,352 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in shares of Hewlett Packard Enterprise by 37.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 18,765 shares of the technology company’s stock valued at $453,000 after purchasing an additional 5,157 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HPE. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Argus lifted 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 note on Wednesday, December 10th. UBS Group increased their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Piper Sandler assumed coverage on shares of Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target for the company. Finally, The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $25.53.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock opened at $23.84 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 fifty day simple moving average of $23.09 and a two-hundred day simple moving average of $22.99. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The firm has a market capitalization of $31.82 billion, a PE ratio of -397.33, a price-to-earnings-growth ratio of 0.66 and a beta of 1.33.

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

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were issued a dividend of $0.1425 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.

Insider Transactions at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the sale, the chief executive officer owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Maeve C. Culloty sold 35,958 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 585,537 shares of company stock valued at $14,255,864. Corporate insiders own 0.36% of the company’s stock.

Hewlett Packard Enterprise Company Profile

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.