Vanguard Group Inc. Raises Holdings in Hewlett Packard Enterprise Company $HPE

Vanguard Group Inc. lifted its holdings in Hewlett Packard Enterprise Company (NYSE:HPE) by 0.8% in the 3rd quarter, Holdings Channel reports. The firm owned 171,140,995 shares of the technology company’s stock after acquiring an additional 1,336,940 shares during the period. Vanguard Group Inc. owned 0.13% of Hewlett Packard Enterprise worth $4,203,223,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Empowered Funds LLC increased its holdings in Hewlett Packard Enterprise by 317.3% in the 1st quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock worth $2,312,000 after buying an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Hewlett Packard Enterprise by 44.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock valued at $69,000 after acquiring an additional 1,377 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Hewlett Packard Enterprise by 48.4% in the second quarter. IFP Advisors Inc now owns 3,283 shares of the technology company’s stock worth $67,000 after acquiring an additional 1,071 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $2,419,000. Finally, DekaBank Deutsche Girozentrale lifted its position in Hewlett Packard Enterprise by 2.6% during the second quarter. DekaBank Deutsche Girozentrale now owns 1,032,693 shares of the technology company’s stock valued at $21,918,000 after purchasing an additional 26,395 shares during the period. 80.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HPE. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They set a “buy” rating and a $31.00 target price for the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $25.00 price objective (down previously from $28.00) on shares of Hewlett Packard Enterprise in a report on Monday, November 17th. Piper Sandler started coverage on Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 target price on the stock. Argus boosted their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Finally, Citigroup lowered their price objective on shares of Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $25.41.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $21.96 on Wednesday. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. The stock has a market cap of $29.18 billion, a price-to-earnings ratio of -365.94, a PEG ratio of 0.62 and a beta of 1.33. The business has a 50-day simple moving average of $22.98 and a two-hundred day simple moving average of $23.06.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The company had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.91 billion. During the same period in the prior year, the firm posted $0.58 EPS. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. On average, analysts expect that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were paid a dividend of $0.1425 per share. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.6%. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, EVP Maeve C. Culloty sold 35,958 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total value of $886,724.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Fidelma Russo sold 126,512 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.61, for a total value of $3,113,460.32. Following the completion of the transaction, the executive vice president owned 51,002 shares in the company, valued at $1,255,159.22. The trade was a 71.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 585,537 shares of company stock worth $14,255,864 in the last three months. Corporate insiders own 0.36% of the company’s stock.

About Hewlett Packard Enterprise

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.