Aberdeen Group plc Has $24.92 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

Key Points

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Aberdeen Group plc trimmed its position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 71.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,612,227 shares of the technology company's stock after selling 4,034,618 shares during the quarter. Aberdeen Group plc owned about 0.12% of Hewlett Packard Enterprise worth $24,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Rockefeller Capital Management L.P. raised its stake in Hewlett Packard Enterprise by 2.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 128,064 shares of the technology company's stock valued at $2,731,000 after purchasing an additional 3,498 shares during the last quarter. Townsquare Capital LLC raised its stake in Hewlett Packard Enterprise by 5.2% during the 4th quarter. Townsquare Capital LLC now owns 20,800 shares of the technology company's stock valued at $444,000 after purchasing an additional 1,036 shares during the last quarter. Mariner LLC raised its stake in Hewlett Packard Enterprise by 7.1% during the 4th quarter. Mariner LLC now owns 291,260 shares of the technology company's stock valued at $6,218,000 after purchasing an additional 19,364 shares during the last quarter. Jump Financial LLC acquired a new position in Hewlett Packard Enterprise during the 4th quarter valued at $303,000. Finally, NewEdge Advisors LLC raised its stake in Hewlett Packard Enterprise by 3.7% during the 4th quarter. NewEdge Advisors LLC now owns 186,644 shares of the technology company's stock valued at $3,985,000 after purchasing an additional 6,744 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Price Performance

NYSE:HPE traded up $0.6410 during mid-day trading on Friday, reaching $22.4610. 18,242,237 shares of the company were exchanged, compared to its average volume of 14,960,326. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $24.66. The company has a fifty day moving average of $20.31 and a 200 day moving average of $18.30. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 0.52. The stock has a market cap of $29.47 billion, a PE ratio of 22.69, a PEG ratio of 3.14 and a beta of 1.37.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its quarterly earnings data on Tuesday, June 3rd. The technology company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.05. Hewlett Packard Enterprise had a net margin of 4.60% and a return on equity of 9.59%. The firm had revenue of $7.63 billion for the quarter, compared to analyst estimates of $7.51 billion. During the same quarter in the prior year, the firm earned $0.42 EPS. The company's revenue was up 5.9% on a year-over-year basis. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.780-1.900 EPS. Q3 2025 guidance at 0.400-0.450 EPS. On average, research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th were given a dividend of $0.13 per share. The ex-dividend date was Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a yield of 2.3%. Hewlett Packard Enterprise's dividend payout ratio is presently 52.53%.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Jeremy Cox sold 68,590 shares of the company's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $18.44, for a total transaction of $1,264,799.60. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Phil Mottram sold 30,000 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $20.54, for a total transaction of $616,200.00. Following the transaction, the executive vice president owned 42,427 shares in the company, valued at approximately $871,450.58. The trade was a 41.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 128,590 shares of company stock worth $2,436,000. Corporate insiders own 0.36% of the company's stock.

Wall Street Analyst Weigh In

HPE has been the subject of several research analyst reports. Loop Capital upped their target price on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "hold" rating in a research note on Monday, June 9th. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a "sell" rating to a "hold" rating in a research note on Sunday, July 13th. JPMorgan Chase & Co. assumed coverage on shares of Hewlett Packard Enterprise in a research note on Thursday, July 17th. They issued an "overweight" rating and a $30.00 price objective for the company. Citigroup assumed coverage on shares of Hewlett Packard Enterprise in a research note on Friday, July 25th. They issued a "buy" rating and a $25.00 price objective for the company. Finally, UBS Group increased their price objective on shares of Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "neutral" rating in a research note on Wednesday, June 4th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $23.27.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.