NEOS Investment Management LLC Acquires 58,394 Shares of Hewlett Packard Enterprise Company $HPE

NEOS Investment Management LLC raised its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 48.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 178,981 shares of the technology company’s stock after purchasing an additional 58,394 shares during the quarter. NEOS Investment Management LLC’s holdings in Hewlett Packard Enterprise were worth $4,396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HPE. TFC Financial Management Inc. lifted its holdings in Hewlett Packard Enterprise by 2,694.4% in the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after buying an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its position in Hewlett Packard Enterprise by 176.7% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after acquiring an additional 666 shares during the period. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise during the 2nd quarter valued at approximately $26,000. CVA Family Office LLC raised its position in shares of Hewlett Packard Enterprise by 126.7% in the 2nd quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after purchasing an additional 803 shares during the last quarter. Finally, Chilton Capital Management LLC purchased a new position in Hewlett Packard Enterprise in the third quarter worth about $30,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP Maeve C. Culloty sold 35,958 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total value of $886,724.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeremy Cox sold 50,061 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $23.70, for a total transaction of $1,186,445.70. Following the completion of the sale, the senior vice president owned 26,905 shares in the company, valued at $637,648.50. This represents a 65.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 585,537 shares of company stock valued at $14,255,864 in the last 90 days. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $21.36 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The company’s fifty day moving average price is $22.85 and its 200-day moving average price is $23.04. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $26.44. The company has a market capitalization of $28.39 billion, a PE ratio of -355.99, a price-to-earnings-growth ratio of 0.59 and a beta of 1.33.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The company had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. Hewlett Packard Enterprise’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 EPS. 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, equities analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal 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 given a $0.1425 dividend. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -950.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on HPE shares. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Citigroup decreased their price target on Hewlett Packard Enterprise from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday. Argus upped their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, The Goldman Sachs Group assumed coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $25.29.

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.