Stolz & Associates PS Buys New Stake in Hewlett Packard Enterprise Company $HPE

Stolz & Associates PS acquired a new position in Hewlett Packard Enterprise Company (NYSE:HPE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,241 shares of the technology company’s stock, valued at approximately $1,485,000. Hewlett Packard Enterprise comprises about 0.9% of Stolz & Associates PS’s investment portfolio, making the stock its 12th largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Delos Wealth Advisors LLC bought a new position in Hewlett Packard Enterprise during the second quarter valued at about $27,000. First Bancorp Inc ME purchased a new stake in Hewlett Packard Enterprise during the second quarter worth about $30,000. Triumph Capital Management increased its holdings in Hewlett Packard Enterprise by 208.6% during the third quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock worth $30,000 after buying an additional 315 shares during the last quarter. Ramsey Quantitative Systems bought a new stake in Hewlett Packard Enterprise in the third quarter worth about $31,000. Finally, Transamerica Financial Advisors LLC bought a new stake in Hewlett Packard Enterprise in the second quarter worth about $37,000. Institutional investors own 80.78% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HPE. Susquehanna reduced their target price on shares of Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. Citigroup lifted their price target on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. Bank of America upped their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $65.00 to $75.00 in a research note on Friday, October 2nd. Finally, Zacks Research raised Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $65.44.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: The Royal Australasian College of Surgeons moved its remaining on-premises workloads to HPE Private Cloud, managed through GreenLake. The organization targets AU$2.1 million in savings, providing a customer win that may support HPE’s cloud-services growth. Royal Australasian College of Surgeons Selects Hewlett Packard Enterprise for Private Cloud Transformation
• Positive Sentiment: Recent Zacks commentary describes HPE as attractively valued, citing potential from AI infrastructure, networking growth and GreenLake adoption. Another Zacks article also includes HPE among undervalued stocks with earnings-growth prospects, which could appeal to investors looking for opportunities in a market rally. Should You Buy, Sell or Hold HPE Stock at a P/E Multiple of 10.08X?
• Neutral Sentiment: A recent market analysis noted that HPE and Dell had surrendered a substantial portion of their AI-driven gains, leaving investors focused on whether upcoming earnings can support a recovery. Dell and HPE Were AI Winners Until the Selloff. Can Earnings Put Them Back on Track?
• Negative Sentiment: Shares of AI-server companies came under pressure as NVIDIA’s decline weighed on the hardware sector. The report cited HPE among the stocks pulled lower, highlighting its exposure to sentiment around AI infrastructure spending. NVIDIA’s Slide Drags AI Server Stocks

Insider Activity at Hewlett Packard Enterprise

In related news, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the sale, the director directly owned 65,072 shares of the company’s stock, valued at $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on 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 sale, the chief executive officer owned 1,182,393 shares of the company’s stock, valued at approximately $80,769,265.83. The trade was a 17.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 585,899 shares of company stock valued at $37,270,329 over the last three months. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Price Performance

NYSE:HPE opened at $47.90 on Wednesday. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $73.56. The stock has a fifty day moving average of $59.01 and a 200 day moving average of $41.65. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The firm has a market capitalization of $63.59 billion, a price-to-earnings ratio of 24.95, a P/E/G ratio of 0.31 and a beta of 1.46.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The company’s revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 EPS. 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, research analysts expect that Hewlett Packard Enterprise Company will post 3.35 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

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.