Rhumbline Advisers Has $65.21 Million Holdings in Hewlett Packard Enterprise Company $HPE

Rhumbline Advisers increased its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 2.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 2,655,020 shares of the technology company’s stock after purchasing an additional 57,181 shares during the period. Rhumbline Advisers owned about 0.20% of Hewlett Packard Enterprise worth $65,207,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. TFC Financial Management Inc. boosted its position in shares of Hewlett Packard Enterprise by 2,694.4% in the third 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 during the period. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock worth $26,000 after acquiring an additional 666 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter worth about $26,000. CVA Family Office LLC grew its stake in Hewlett Packard Enterprise by 126.7% during the 2nd quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock valued at $29,000 after acquiring an additional 803 shares in the last quarter. Finally, Chilton Capital Management LLC purchased a new position in Hewlett Packard Enterprise during the 3rd quarter valued at about $30,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HPE has been the subject of a number of research analyst reports. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Barclays increased their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. UBS Group boosted their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $25.00 price target (down from $28.00) on shares of Hewlett Packard Enterprise in a research note on Monday, November 17th. Finally, Argus increased their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Hold” and a consensus target price of $25.53.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $22.20 on Friday. The firm has a market cap of $29.62 billion, a price-to-earnings ratio of -369.86, a price-to-earnings-growth ratio of 0.65 and a beta of 1.33. The company’s fifty day moving average is $23.07 and its 200-day moving average is $22.99. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. The business had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. Hewlett Packard Enterprise’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Equities analysts expect 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. Stockholders 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 dividend yield of 2.6%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is currently -950.00%.

Insiders Place Their Bets

In other news, EVP Fidelma Russo sold 126,512 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.61, for a total value of $3,113,460.32. Following the transaction, the executive vice president owned 51,002 shares of the company’s stock, valued at $1,255,159.22. This trade represents a 71.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jeremy Cox sold 50,061 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $23.70, for a total transaction of $1,186,445.70. Following the completion of the sale, the senior vice president owned 26,905 shares of the company’s stock, valued at $637,648.50. The trade was a 65.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 585,537 shares of company stock worth $14,255,864 in the last three months. 0.36% of the stock is owned by 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.