26,000 Shares in Hewlett Packard Enterprise Company $HPE Bought by Sanders Morris Harris LLC

Key Points

• Sanders Morris Harris LLC acquired 26,000 HPE shares worth approximately $1.66 million during the third quarter. Institutional investors and hedge funds collectively own 80.78% of the company.
• HPE reported quarterly earnings of $1.11 per share, beating estimates by $0.18, while revenue rose 33.7% year over year to $12.21 billion. The company also declared a quarterly dividend of $0.1425 per share, representing a 0.9% annualized yield.
• Analyst sentiment remains mixed: Daiwa upgraded HPE to Outperform with a $75 target, while Barclays downgraded it to Equal Weight and lowered its target to $77, citing valuation concerns and limited near-term AI-driven growth. Company insiders have also sold shares recently, including 250,000 shares sold by CEO Antonio Neri.

Sanders Morris Harris LLC acquired a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 26,000 shares of the technology company's stock, valued at approximately $1,661,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Generate Investment Management Ltd bought a new position in shares of Hewlett Packard Enterprise in the 3rd quarter worth about $19,340,000. First Citizens Bank & Trust Co. lifted its holdings in Hewlett Packard Enterprise by 210.8% in the third quarter. First Citizens Bank & Trust Co. now owns 30,470 shares of the technology company's stock worth $1,947,000 after acquiring an additional 20,666 shares during the last quarter. Signal Advisors Wealth LLC boosted its stake in Hewlett Packard Enterprise by 14.4% in the third quarter. Signal Advisors Wealth LLC now owns 77,912 shares of the technology company's stock valued at $4,978,000 after acquiring an additional 9,793 shares during the period. Foster Group Inc. boosted its stake in Hewlett Packard Enterprise by 2.8% in the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company's stock valued at $341,000 after acquiring an additional 146 shares during the period. Finally, Krilogy Financial LLC boosted its stake in Hewlett Packard Enterprise by 29.4% in the third quarter. Krilogy Financial LLC now owns 23,021 shares of the technology company's stock valued at $1,619,000 after acquiring an additional 5,234 shares during the period. Institutional investors and hedge funds own 80.78% of the company's stock.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE:HPE traded down $5.59 on Wednesday, hitting $63.22. The company's stock had a trading volume of 25,255,763 shares, compared to its average volume of 21,293,436. The company has a market capitalization of $83.92 billion, a price-to-earnings ratio of 32.93, a price-to-earnings-growth ratio of 0.63 and a beta of 1.39. The stock's 50-day moving average is $58.98 and its two-hundred day moving average is $45.75. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month 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 issued its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business's revenue for the quarter was up 33.7% compared to the same quarter last year. During the same period 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. On average, equities research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

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

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: Daiwa upgraded HPE to Outperform, providing a counterpoint to the recent downgrades and signaling confidence in the company’s longer-term growth outlook. Daiwa upgrades Hewlett Packard Enterprise stock to Outperform
• Positive Sentiment: HPE continues to benefit from demand for networking, cloud infrastructure and AI systems. Recent business developments include stronger networking-growth expectations and a reported $1.2 billion AI order from Vultr, while its latest quarterly results exceeded analyst expectations for both earnings and revenue. What Changed For HPE Stock, And What Did Not?
• Neutral Sentiment: Despite the selling, Barclays’ new $77 price target remains above the reported $63.22 reference price, implying potential upside if HPE delivers on its growth plans. However, Barclays lowered the target from $83 and shifted its rating from Overweight to Equal Weight. HPE Stock and Dell Are Downgraded
• Negative Sentiment: Barclays downgraded HPE to Equal Weight from Overweight, citing elevated valuation and no meaningful AI-driven growth inflection yet. The cautious view also affected Dell and NetApp, suggesting broader concerns about enterprise IT spending and the pace at which AI investments will translate into hardware demand. Why are Dell and HPE stocks plunging today?
• Negative Sentiment: Evercore previously cut HPE to In Line with a $65 target, arguing that the stock’s substantial rally had pushed valuation well above historical levels and left fewer near-term catalysts for further multiple expansion. This valuation concern is amplifying the reaction to Barclays’ downgrade. How Evercore’s Valuation-Driven Downgrade At Hewlett Packard Enterprise Has Changed Its Investment Story

Insider Buying and Selling

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Antonio Neri sold 250,000 shares of the company's stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the sale, the chief executive officer directly owned 1,432,393 shares of the company's stock, valued at $86,573,832.92. The trade was a 14.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 551,456 shares of company stock valued at $35,271,258 over the last three months. Company insiders own 0.44% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on HPE shares. Barclays cut Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $83.00 to $77.00 in a research report on Wednesday. Wall Street Zen upgraded Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research report on Sunday, August 30th. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $65.00 to $75.00 in a research report on Friday, October 2nd. Piper Sandler increased their price objective on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a "neutral" rating in a report on Thursday, October 1st. Finally, Zacks Research upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 4th. 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's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $65.44.

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, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE's portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.

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