Holocene Advisors LP Takes Position in Hewlett Packard Enterprise Company $HPE

Holocene Advisors LP acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) in the third quarter, Holdings Channel reports. The institutional investor acquired 5,882,232 shares of the technology company’s stock, valued at approximately $144,468,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HPE. Mcintyre Freedman & Flynn Investment Advisers Inc. increased its position in shares of Hewlett Packard Enterprise by 743.7% during the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after buying an additional 135,725 shares during the period. Caxton Associates LLP lifted its holdings in Hewlett Packard Enterprise by 106.8% in the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after buying an additional 92,438 shares during the period. Swiss National Bank boosted its position in Hewlett Packard Enterprise by 7.2% during the second quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock valued at $81,315,000 after acquiring an additional 266,600 shares during the last quarter. Knights of Columbus Asset Advisors LLC grew its holdings in Hewlett Packard Enterprise by 118.8% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 145,232 shares of the technology company’s stock worth $3,567,000 after acquiring an additional 78,859 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in Hewlett Packard Enterprise by 12.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 558,702 shares of the technology company’s stock worth $13,722,000 after acquiring an additional 60,353 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $21.60 on Monday. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The stock’s 50 day moving average is $21.91 and its 200-day moving average is $23.05. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $28.65 billion, a price-to-earnings ratio of -113.66, a PEG ratio of 0.56 and a beta of 1.31.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. Hewlett Packard Enterprise’s revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Tuesday, March 24th. This represents a $0.57 annualized dividend and a dividend yield of 2.6%. Hewlett Packard Enterprise’s payout ratio is presently -300.00%.

Insider Activity

In related news, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the sale, the senior vice president owned 18,785 shares in the company, valued at $462,298.85. This represents a 66.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Antonio F. Neri sold 26,457 shares of the firm’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the transaction, the chief executive officer directly owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. The trade was a 1.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HPE shares. Argus boosted their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Morgan Stanley lifted their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 10th. The Goldman Sachs Group initiated coverage on Hewlett Packard Enterprise in a report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price target on the stock. Finally, Citigroup raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $26.50.

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.