Waverly Advisors LLC Has $2.28 Million Stake in Hewlett Packard Enterprise Company $HPE

Waverly Advisors LLC boosted its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 83.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 50,612 shares of the technology company’s stock after acquiring an additional 23,017 shares during the quarter. Waverly Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $2,283,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HPE. Empowered Funds LLC lifted its holdings in shares of Hewlett Packard Enterprise by 317.3% in the first quarter. Empowered Funds LLC now owns 149,810 shares of the technology company’s stock valued at $2,312,000 after purchasing an additional 113,906 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Hewlett Packard Enterprise by 44.7% during the first quarter. Geneos Wealth Management Inc. now owns 4,456 shares of the technology company’s stock worth $69,000 after buying an additional 1,377 shares in the last quarter. Brown Advisory Inc. raised its position in Hewlett Packard Enterprise by 4.4% in the 2nd quarter. Brown Advisory Inc. now owns 23,593 shares of the technology company’s stock valued at $482,000 after buying an additional 996 shares during the last quarter. Jump Financial LLC raised its position in Hewlett Packard Enterprise by 25.8% in the 2nd quarter. Jump Financial LLC now owns 15,662 shares of the technology company’s stock valued at $320,000 after buying an additional 3,215 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $207,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, SVP Kirt Karros sold 18,785 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total value of $911,072.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on HPE. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 30th. Piper Sandler reissued a “neutral” rating and issued a $57.00 price objective (down from $63.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, September 3rd. Sanford C. Bernstein increased their target price on shares of Hewlett Packard Enterprise from $35.00 to $62.00 and gave the stock a “market perform” rating in a report on Tuesday, June 2nd. Truist Financial raised their target price on shares of Hewlett Packard Enterprise from $69.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $69.44.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: Oracle’s spending plans lifted the broader AI hardware group, with investors viewing the guidance as evidence of sustained demand for HPE’s AI servers and networking products. HPE and Dell were among the leading gainers in the S&P 500. Dell and HPE Stocks Are Surging on the AI Spending Boom
• Positive Sentiment: HPE’s reported AI backlog of approximately $7.6 billion and rising networking orders point to strong customer demand as hyperscalers and enterprises expand AI infrastructure. This supports expectations for continued revenue growth and improving profitability. Can HPE Sustain Its AI Infrastructure Momentum Amid the Capex Cycle?
• Positive Sentiment: Recent commentary has highlighted HPE’s AI, cloud and networking exposure, stronger profitability and valuation that remains relatively attractive compared with some AI infrastructure peers. The stock’s recent momentum has also drawn additional investor attention. HPE Surges 26% in 3 Months
• Neutral Sentiment: The move follows considerable volatility in AI server shares: HPE recently pulled back alongside Dell and other industry names without any company-specific announcement, underscoring the sector’s sensitivity to changes in expectations for AI capital spending. AI Server Stocks Slide as Two-Day Run Unwinds
• Negative Sentiment: Investors still face execution and cycle risks: elevated expectations for AI infrastructure spending could leave HPE vulnerable if customer budgets slow, while the stock’s rapid advance may increase profit-taking and valuation concerns.

Hewlett Packard Enterprise Stock Up 12.3%

HPE stock opened at $62.02 on Friday. The company has a market cap of $82.32 billion, a price-to-earnings ratio of 32.30, a P/E/G ratio of 0.55 and a beta of 1.43. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $64.25. The business has a 50 day moving average price of $51.32 and a two-hundred day moving average price of $39.01. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The company 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 business’s revenue was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.

HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.