Hsbc Holdings PLC Sells 505,647 Shares of Hewlett Packard Enterprise Company $HPE

Hsbc Holdings PLC lowered its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 6.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,920,521 shares of the technology company’s stock after selling 505,647 shares during the quarter. Hsbc Holdings PLC owned about 0.52% of Hewlett Packard Enterprise worth $310,336,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HPE. Capital World Investors bought a new stake in Hewlett Packard Enterprise in the 4th quarter valued at $901,751,000. Geode Capital Management LLC increased its holdings in shares of Hewlett Packard Enterprise by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock worth $835,626,000 after purchasing an additional 431,728 shares during the period. Elliott Investment Management L.P. raised its position in shares of Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after buying an additional 8,790,757 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $1,027,139,000. Finally, Primecap Management Co. CA bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $773,225,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings upgraded Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. Bank of America raised their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. UBS Group decreased their price objective on Hewlett Packard Enterprise from $65.00 to $59.00 and set a “neutral” rating on the stock in a report on Thursday. Piper Sandler restated a “neutral” rating and set a $57.00 price objective (down from $63.00) on shares of Hewlett Packard Enterprise in a research report on Thursday. Finally, Wells Fargo & Company cut their target price on Hewlett Packard Enterprise from $67.00 to $54.00 and set an “equal weight” rating for the company in a research note on Thursday. Twelve research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus price target of $69.44.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $51.96 on Monday. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month high of $64.25. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $68.97 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 0.51 and a beta of 1.43. The firm has a 50-day moving average price of $49.95 and a 200 day moving average price of $37.89.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the previous year, the business earned $0.44 earnings per share. The company’s quarterly revenue was up 33.7% on a year-over-year basis. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. Research analysts anticipate that Hewlett Packard Enterprise Company will post 3.03 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.1%. Hewlett Packard Enterprise’s payout ratio is currently 29.69%.

Trending Headlines about Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
• Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
• Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
• Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
• Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?

Hewlett Packard Enterprise 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.