54,686 Hewlett Packard Enterprise Company $HPE Shares Sold by AIA Group Ltd

Key Points

• AIA Group cut its HPE stake by 44.7%, selling 54,686 shares in the third quarter and retaining 67,592 shares worth about $4.3 million.
• Company insiders sold a combined 585,899 shares worth approximately $37.3 million over three months; director Gary Reiner and EVP Rami Rahim were among the sellers.
• HPE’s latest reported quarter beat earnings and revenue estimates, with revenue up 33.7% year over year, but its shares fell 5.8% amid a broader pullback in AI infrastructure stocks.

AIA Group Ltd lowered its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 44.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,592 shares of the technology company's stock after selling 54,686 shares during the quarter. AIA Group Ltd's holdings in Hewlett Packard Enterprise were worth $4,318,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Provenance Wealth Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 9,540.0% during the third quarter. Provenance Wealth Advisors LLC now owns 2,892 shares of the technology company's stock worth $185,000 after purchasing an additional 2,862 shares during the period. Integras Partners LLC bought a new position in shares of Hewlett Packard Enterprise in the 3rd quarter worth $243,000. Putney Financial Group LLC acquired a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at $51,000. First Nebraska Trust Co acquired a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at $5,994,000. Finally, IPG Investment Advisors LLC bought a new stake in Hewlett Packard Enterprise during the 3rd quarter valued at $475,000. Institutional investors own 80.78% of the company's stock.

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 on Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director owned 65,072 shares of the company's stock, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rami Rahim sold 34,443 shares of the company's stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total value of $1,999,071.72. Following the completion of the transaction, the executive vice president owned 840,690 shares of the company's stock, valued at $48,793,647.60. This trade represents a 3.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 585,899 shares of company stock worth $37,270,329. 0.44% of the stock is owned by company insiders.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: Zacks included HPE on its Strong Buy, value, momentum and income-stock lists. Separate coverage also said the company has factors that could support another earnings beat. New Strong Buy Stocks for November 3rd Will HPE Beat Estimates Again?
• Positive Sentiment: Recent investor commentary points to AI networking as a potential growth driver that could reshape HPE’s earnings story. CEO commentary that HPE has “zero exposure” to AI’s financing web may also help allay concerns about financing risks in the sector. Networking Is Changing The Earnings Story HPE CEO on AI financing exposure
• Negative Sentiment: The clearest near-term headwind was a broad retreat in AI infrastructure stocks. Reports cited worries about server makers’ margins and voter opposition to data-center projects; HPE fell alongside Dell and Super Micro, suggesting sector sentiment—not company-specific news—was weighing on shares. AI server stocks pressured by margin worries and data-center backlash

Hewlett Packard Enterprise Stock Down 5.8%

HPE opened at $50.02 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 company's 50-day moving average is $59.61 and its 200 day moving average is $41.15. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56. The firm has a market capitalization of $66.41 billion, a P/E ratio of 26.05, a PEG ratio of 0.34 and a beta of 1.46.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping 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 business had revenue of $12.21 billion for the quarter, compared to analysts' expectations of $11.97 billion. During the same period in the previous year, the company earned $0.44 earnings per share. The firm'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. Research analysts expect that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have weighed in on HPE shares. Bank of America upped their price objective on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a "buy" rating in a report on Monday, August 31st. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a report on Sunday, August 30th. Evercore boosted their target price on shares of Hewlett Packard Enterprise from $65.00 to $67.00 and gave the stock an "outperform" rating in a research report on Thursday, October 1st. Citigroup upped their target price on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday, October 1st. Finally, Weiss Ratings raised shares of Hewlett Packard Enterprise from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, September 4th. 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. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of "Moderate Buy" and an average target price of $65.44.

Hewlett Packard Enterprise Company Profile

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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