50,329 Hewlett Packard Enterprise Company $HPE Shares Sold by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings reduced its HPE stake by 8.0%, selling 50,329 shares and retaining 579,833 shares valued at approximately $37.0 million. Institutional investors collectively own 80.78% of the company.
• HPE reported quarterly adjusted earnings of $1.11 per share and revenue of $12.21 billion, beating analyst expectations, while revenue increased 33.7% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $65.44.
• HPE declared a quarterly dividend of $0.1425 per share, equivalent to an annualized $0.57 payout and a 1.0% yield; insiders also sold 551,456 shares worth $35.3 million during the latest quarter.

Crossmark Global Holdings Inc. lessened its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 8.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 579,833 shares of the technology company's stock after selling 50,329 shares during the period. Crossmark Global Holdings Inc.'s holdings in Hewlett Packard Enterprise were worth $37,046,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $1,027,139,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $773,225,000. Elliott Investment Management L.P. grew its stake in shares of Hewlett Packard Enterprise by 47.2% in 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 buying an additional 8,790,757 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Hewlett Packard Enterprise by 6.1% in the second 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 valued at $590,435,000 after buying an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in Hewlett Packard Enterprise during the second quarter worth $512,721,000. Institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Stock Up 3.6%

HPE stock opened at $58.11 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The stock has a market capitalization of $77.14 billion, a price-to-earnings ratio of 30.27, a PEG ratio of 0.50 and a beta of 1.39. The business's fifty day moving average price is $59.39 and its two-hundred day moving average price is $47.18. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its 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 the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The company's revenue was up 33.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share. 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 analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 29.69%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HPE. Raymond James Financial upped their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an "outperform" rating in a research report on Thursday, September 3rd. Daiwa Securities Group raised shares of Hewlett Packard Enterprise from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $65.00 to $75.00 in a research report on Friday, October 2nd. Bank of America lifted their price objective on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a "buy" rating in a research report on Monday, August 31st. Evercore boosted their price objective on shares of Hewlett Packard Enterprise from $65.00 to $67.00 and gave the stock an "outperform" rating in a research note on Thursday, October 1st. Finally, Wall Street Zen raised shares of Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a report on Sunday, August 30th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $65.44.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: AI infrastructure demand lifted the sector. Super Micro raised its quarterly revenue outlook and projected better gross margins, sending its shares sharply higher and pulling HPE and Dell Technologies along with it. The update provided fresh evidence that spending on AI computing infrastructure remains strong. Why are Dell and HPE stocks rising in premarket trading on Wednesday?
• Positive Sentiment: New ProLiant Gen13 servers expand HPE’s AI opportunity. HPE launched servers using sixth-generation AMD EPYC processors, targeting AI inference, agentic AI, data-intensive simulations and financial modeling. Higher core density, expanded memory and enhanced security features could support higher-value infrastructure sales. Learn Why The Bull Case For HPE Stock Could Change Following Gen13 Server Launch
• Positive Sentiment: Commercial and strategic projects add visibility. The Miami Heat selected HPE to modernize wired and wireless networking at Kaseya Center, while HPE’s Spaceborne Computer 4 is planned to run high-performance computing and AI benchmarks on the Moon. These projects are unlikely to materially affect near-term revenue but enhance HPE’s technology profile and potential customer relationships. Miami Heat Selects Hewlett Packard Enterprise to Modernize Infrastructure
• Neutral Sentiment: Investors remain focused on execution. HPE recently reported earnings and revenue above consensus estimates, but the stock’s substantial rally has increased scrutiny of valuation, backlog conversion and the durability of AI-related demand.
• Negative Sentiment: Analyst skepticism remains a risk. A recent downgrade triggered significant selling despite strong earnings growth and a record backlog, highlighting concerns that optimistic AI expectations may already be reflected in HPE’s valuation. HPE Has a 12x Forward PE and 400% Growth

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, EVP Rami Rahim sold 34,456 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the transaction, the executive vice president owned 875,133 shares in the company, valued at $53,750,668.86. This represents a 3.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 250,000 shares of the firm's 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 transaction, the chief executive officer directly owned 1,182,393 shares in the company, valued at $80,769,265.83. This represents a 17.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 551,456 shares of company stock worth $35,271,258 in the last quarter. 0.44% of the stock is currently owned by corporate insiders.

About Hewlett Packard Enterprise

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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