23,951 Hewlett Packard Enterprise Company $HPE Shares Sold by State of Wyoming

State of Wyoming trimmed its position in Hewlett Packard Enterprise Company (NYSE:HPE) by 85.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 4,228 shares of the technology company’s stock after selling 23,951 shares during the period. State of Wyoming’s holdings in Hewlett Packard Enterprise were worth $270,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CHICAGO TRUST Co NA lifted its holdings in Hewlett Packard Enterprise by 4.0% during the 3rd quarter. CHICAGO TRUST Co NA now owns 5,535 shares of the technology company’s stock worth $354,000 after buying an additional 215 shares during the period. Outlook Wealth Advisors LLC bought a new position in shares of Hewlett Packard Enterprise during the third quarter worth about $248,000. Parcion Private Wealth LLC lifted its stake in shares of Hewlett Packard Enterprise by 30.6% in the third quarter. Parcion Private Wealth LLC now owns 17,136 shares of the technology company’s stock worth $1,095,000 after acquiring an additional 4,015 shares during the period. Soltis Investment Advisors LLC lifted its stake in shares of Hewlett Packard Enterprise by 39.9% in the third quarter. Soltis Investment Advisors LLC now owns 14,030 shares of the technology company’s stock worth $896,000 after acquiring an additional 4,000 shares during the period. Finally, Kelsey Financial LLC bought a new stake in Hewlett Packard Enterprise in the third quarter valued at approximately $214,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on HPE shares. Argus reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Daiwa Securities Group raised shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and upped their price target for the company from $65.00 to $75.00 in a research report on Friday, October 2nd. UBS Group increased their price target on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a “neutral” rating in a report on Thursday, October 1st. JPMorgan Chase & Co. boosted their price objective on Hewlett Packard Enterprise from $68.00 to $70.00 in a research note on Tuesday, August 25th. Finally, Truist Financial restated a “buy” rating and set a $75.00 target price (up from $70.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $65.44.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE’s networking rollout connects EdgeConnect with Mist and Aruba Central, bringing security, wired and wireless management into a unified, increasingly automated platform. This could strengthen its networking offering, though the article does not report financial results from the rollout. HPE networking rollout and valuation
• Positive Sentiment: HPE shares participated in a partial recovery among AI-server stocks after the group’s post-midterm sell-off. The rebound suggests some buyers returned to the sector, although trading across the group remains volatile. AI-server stocks rebound
• Neutral Sentiment: Valuation articles argue HPE may be substantially undervalued following its pullback and raised outlook. These are analyst-style assessments, not new company results or guarantees of a recovery. HPE valuation commentary
• Negative Sentiment: Super Micro Computer’s collaboration with NVIDIA adds to competition in AI servers, a key growth market for HPE. Its new GPU, cooling and rack-scale offerings could challenge HPE and other rivals. Super Micro and NVIDIA collaboration

Hewlett Packard Enterprise Stock Up 1.3%

Hewlett Packard Enterprise stock traded up $0.57 during midday trading on Friday, reaching $44.73. The stock had a trading volume of 17,631,053 shares, compared to its average volume of 17,945,454. The company has a fifty day moving average price of $59.20 and a two-hundred day moving average price of $41.39. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $73.56. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $59.38 billion, a P/E ratio of 23.30, a PEG ratio of 0.33 and a beta of 1.46.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the previous year, the business posted $0.44 EPS. Hewlett Packard Enterprise’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. As a group, equities analysts expect 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 was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were issued a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is currently 29.69%.

Insider Transactions at Hewlett Packard Enterprise

In related news, EVP Rami Rahim sold 34,443 shares of the business’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the transaction, the executive vice president directly owned 840,690 shares in the company, valued at approximately $48,793,647.60. The trade was a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio Neri sold 250,000 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the completion of the sale, the chief executive officer owned 1,182,393 shares of the company’s stock, valued at approximately $80,769,265.83. This trade represents a 17.45% 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. Insiders sold a total of 585,899 shares of company stock worth $37,270,329 in the last quarter. 0.44% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing.

HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.