Hewlett Packard Enterprise Company $HPE Stock Sold by Artemis Investment Management LLP

Artemis Investment Management LLP reduced its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 38.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 837,082 shares of the technology company’s stock after selling 512,221 shares during the period. Artemis Investment Management LLP’s holdings in Hewlett Packard Enterprise were worth $53,481,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in HPE. Delos Wealth Advisors LLC purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at $27,000. First Bancorp Inc ME purchased a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at about $30,000. Transamerica Financial Advisors LLC bought a new position in Hewlett Packard Enterprise in the second quarter worth approximately $37,000. North Point Portfolio Managers Corp OH purchased a new position in shares of Hewlett Packard Enterprise during the third quarter valued at $58,000. Finally, SJS Investment Consulting Inc. raised its holdings in shares of Hewlett Packard Enterprise by 159.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after purchasing an additional 716 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock traded down $1.15 during trading hours on Thursday, hitting $70.94. The company’s stock had a trading volume of 7,889,633 shares, compared to its average volume of 21,260,895. The company has a 50 day moving average of $57.27 and a 200 day moving average of $44.41. The stock has a market cap of $94.17 billion, a PE ratio of 37.10, a price-to-earnings-growth ratio of 0.63 and a beta of 1.39. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month high of $73.28.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 earnings per share. 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. On average, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.8%. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, CEO Antonio Neri sold 250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $60.44, for a total value of $15,110,000.00. Following the sale, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the business’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares of the company’s stock, valued at approximately $53,750,668.86. The trade was a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 551,456 shares of company stock valued at $35,271,258. 0.44% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Piper Sandler reissued a “neutral” rating and set a $57.00 price objective (down from $63.00) on shares of Hewlett Packard Enterprise in a report on Thursday, September 3rd. Morgan Stanley boosted their price objective on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Wall Street Zen raised Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. Finally, Citigroup increased their price objective on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $72.06.

Key Headlines Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: HPE introduced four ProLiant Gen13 servers powered by AMD’s latest EPYC processors. The systems target agentic AI, inference, analytics, virtualization and simulation workloads, strengthening HPE’s position in enterprise AI infrastructure. HPE Accelerates Enterprise AI Innovation With Next-Generation AMD CPU-Powered Servers
• Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a liquid-cooling-ready data center to support advanced financial simulations. The deal provides fresh evidence of demand for HPE’s high-performance computing and AI capabilities. Mizuho Securities Selects HPE to Accelerate Advanced Financial Simulations and Strengthen AI Readiness
• Positive Sentiment: Investors are increasingly valuing HPE as an AI networking and infrastructure provider. A reported $1.2 billion AMD Helios AI Rack order from Vultr, HPE’s Juniper networking assets and improved analyst targets have reinforced the growth narrative.
• Neutral Sentiment: HPE has climbed roughly 40% in a month and recently reached a record high, increasing the likelihood of profit-taking and making further gains more dependent on execution and earnings growth. Hewlett Packard Enterprise Just Surged 40% in a Month
• Negative Sentiment: CEO Antonio Neri sold 250,000 shares worth approximately $17.1 million, reducing his direct stake by 17.45%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, limiting its bearish significance, but it may still weigh on sentiment.
• Negative Sentiment: Broader server stocks are experiencing profit-taking after their recent rally, creating sector-wide pressure for HPE despite its favorable AI announcements.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.