World Investment Advisors boosted its stake in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 61.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,040 shares of the technology company’s stock after purchasing an additional 20,971 shares during the quarter. World Investment Advisors’ holdings in Hewlett Packard Enterprise were worth $1,227,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC grew its holdings in 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 purchasing an additional 666 shares during the period. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. Chilton Capital Management LLC purchased a new stake in Hewlett Packard Enterprise in the third quarter valued at approximately $30,000. Clearstead Trust LLC grew its stake in Hewlett Packard Enterprise by 93.8% during the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock worth $32,000 after buying an additional 625 shares during the period. Finally, Thompson Investment Management Inc. purchased a new stake in Hewlett Packard Enterprise during the fourth quarter worth approximately $34,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Hewlett Packard Enterprise
In related news, EVP Neil B. Macdonald sold 112,652 shares of the stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total value of $2,826,438.68. Following the completion of the transaction, the executive vice president owned 56,494 shares in the company, valued at $1,417,434.46. This represents a 66.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Marie Myers sold 93,583 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the completion of the transaction, the chief financial officer owned 204,754 shares of the company’s stock, valued at $6,144,667.54. This represents a 31.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 702,402 shares of company stock valued at $18,440,171. Corporate insiders own 0.44% of the company’s stock.
Hewlett Packard Enterprise Stock Down 0.1%
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion for the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The firm’s revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 earnings per share. 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. Equities analysts anticipate that Hewlett Packard Enterprise Company will post 1.96 EPS for the current year.
Hewlett Packard Enterprise Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were given a dividend of $0.1425 per share. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 annualized dividend and a dividend yield of 1.7%. Hewlett Packard Enterprise’s dividend payout ratio is currently -300.00%.
Analyst Upgrades and Downgrades
HPE has been the subject of several research reports. Raymond James Financial reiterated an “outperform” rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. Citigroup boosted their price objective on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday. Bank of America boosted their price objective on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Truist Financial started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They set a “buy” rating and a $31.00 price objective for the company. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise has an average rating of “Moderate Buy” and an average price target of $27.41.
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.
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