Hewlett Packard Enterprise Company $HPE Shares Newly Bought by First Nebraska Trust Co

First Nebraska Trust Co bought a new position in Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 93,832 shares of the technology company’s stock, valued at approximately $5,994,000.

Several other large investors have also bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $1,027,139,000. Primecap Management Co. CA bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $773,225,000. Elliott Investment Management L.P. increased its position in shares of Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after acquiring an additional 8,790,757 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Hewlett Packard Enterprise by 6.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock worth $590,435,000 after acquiring an additional 756,972 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $512,721,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the company’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 transaction of $967,470.00. Following the completion of the sale, the director directly owned 65,072 shares of the company’s stock, valued at approximately $3,703,247.52. This represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Antonio Neri sold 250,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the completion of the transaction, the chief executive officer owned 1,182,393 shares in the company, valued at $80,769,265.83. The trade was a 17.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 585,899 shares of company stock worth $37,270,329. 0.44% of the stock is owned by company insiders.

Key Hewlett Packard Enterprise News

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

Wall Street Analyst Weigh In

Several analysts have commented on the company. Evercore increased their target price on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research note on Thursday, October 1st. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $65.00 to $75.00 in a research note on Friday, October 2nd. Citigroup upped their price target on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft assumed coverage on Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a “buy” rating and a $62.00 price objective on the stock. Finally, Wells Fargo & Company lifted their price objective on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an “equal weight” rating in a report on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $65.44.

Get Our Latest Report on Hewlett Packard Enterprise

Hewlett Packard Enterprise Trading Up 4.2%

Shares of NYSE:HPE opened at $53.36 on Wednesday. The stock’s 50-day simple moving average is $59.68 and its two-hundred day simple moving average is $41.01. The stock has a market capitalization of $70.83 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 0.33 and a beta of 1.46. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $73.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the prior year, the firm earned $0.44 EPS. The business’s revenue for the quarter was up 33.7% compared to the same quarter last year. 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 expect that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Hewlett Packard Enterprise Company Profile

(Free Report)

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.

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Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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