Atlatl Advisers LLC Sells 19,154 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• Atlatl Advisers reduced its HPE stake by 15.7% in the third quarter, selling 19,154 shares and retaining 102,854 shares valued at approximately $6.6 million. Institutional investors collectively own 80.78% of the company.
• Analyst sentiment remains favorable, with HPE receiving a consensus “Moderate Buy” rating and an average price target of $65.44. Recent upgrades included Zacks Research and Wall Street Zen, while several firms raised their targets.
• HPE reported stronger-than-expected quarterly results, with $1.11 in adjusted EPS and $12.21 billion in revenue, up 33.7% year over year. The company also maintains a quarterly dividend of $0.1425 per share, equivalent to a 1.0% annual yield.

Atlatl Advisers LLC lessened its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 15.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,854 shares of the technology company's stock after selling 19,154 shares during the period. Hewlett Packard Enterprise makes up about 1.6% of Atlatl Advisers LLC's holdings, making the stock its 16th biggest holding. Atlatl Advisers LLC's holdings in Hewlett Packard Enterprise were worth $6,571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the company. XXI Wealth LLC boosted its stake in shares of Hewlett Packard Enterprise by 52.3% in the 3rd quarter. XXI Wealth LLC now owns 10,878 shares of the technology company's stock valued at $695,000 after purchasing an additional 3,734 shares in the last quarter. MBL Wealth LLC lifted its stake in shares of Hewlett Packard Enterprise by 154.5% in the 3rd quarter. MBL Wealth LLC now owns 13,542 shares of the technology company's stock valued at $865,000 after acquiring an additional 8,220 shares during the last quarter. Clarity Wealth Development LLC purchased a new stake in Hewlett Packard Enterprise during the 3rd quarter valued at about $221,000. Root Financial Partners LLC grew its position in Hewlett Packard Enterprise by 7.5% during the 3rd quarter. Root Financial Partners LLC now owns 14,298 shares of the technology company's stock worth $913,000 after acquiring an additional 998 shares during the last quarter. Finally, Precedent Wealth Partners LLC purchased a new position in Hewlett Packard Enterprise in the 3rd quarter worth approximately $374,000. Institutional investors own 80.78% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HPE. Piper Sandler lifted their target price on shares of Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a "neutral" rating in a research note on Thursday, October 1st. Zacks Research raised shares of Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 4th. UBS Group increased their price target on shares of Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a "neutral" rating in a research note on Thursday, October 1st. Evercore increased their target price on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an "outperform" rating in a report on Thursday, October 1st. Finally, Wall Street Zen upgraded Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research report on Sunday, August 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of "Moderate Buy" and a consensus price target of $65.44.

Hewlett Packard Enterprise Price Performance

HPE opened at $56.73 on Friday. The stock's 50-day moving average price is $59.26 and its 200 day moving average price is $47.46. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 12-month low of $19.84 and a 12-month high of $73.56. The firm has a market cap of $75.30 billion, a price-to-earnings ratio of 29.54, a PEG ratio of 0.49 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to analysts' expectations of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm's revenue was up 33.7% on a year-over-year basis. During the same quarter in the previous 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. As a group, sell-side analysts expect that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were paid a dividend of $0.1425 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 29.69%.

Insiders Place Their Bets

In other news, Director Gary Reiner sold 17,000 shares of the business'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 value of $967,470.00. Following the completion of the transaction, the director owned 65,072 shares of the company's stock, valued at $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Rami Rahim sold 34,443 shares of the company's stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the transaction, the executive vice president directly owned 840,690 shares in the company, valued at $48,793,647.60. The trade was 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. Insiders have sold 585,899 shares of company stock valued at $37,270,329 in the last ninety days. Insiders own 0.44% of the company's stock.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: Expanded NVIDIA AI relationship supports growth narrative. HPE updated its AI Factory offerings with NVIDIA to provide more secure deployment, governance and operational controls for regulated industries. The companies also announced collaboration with Schneider Electric on industrial AI agents, potentially broadening HPE’s private-cloud AI opportunity. HPE teams with Nvidia to enhance secure AI deployment Schneider Electric, NVIDIA and HPE strategic collaboration
• Positive Sentiment: HPE outperformed other AI-server stocks. HPE rose more than several peers as investors responded to its AI infrastructure announcements and an upbeat outlook from Super Micro, reinforcing expectations for robust server demand. HPE climbs while AI server peers lag
• Positive Sentiment: Value-oriented support remains. Zacks characterized HPE as a strong value stock, which may attract investors seeking exposure to AI infrastructure at a valuation viewed as more reasonable than some higher-growth technology names. Why HPE is a strong value stock
• Neutral Sentiment: Insider selling was disclosed. EVP Rami Rahim sold approximately $2.0 million of HPE shares, reducing his direct holdings by 3.94%. Because the transaction occurred under a Rule 10b5-1 plan, it may carry less negative signaling value than discretionary selling. SEC insider transaction filing
• Neutral Sentiment: Security remediation highlights product risk and responsiveness. HPE patched eight critical AOS vulnerabilities involving remote code execution and authentication bypass. The fixes reduce customer exposure, although the severity of the flaws could increase scrutiny of HPE security products. HPE patches critical AOS vulnerabilities
• Negative Sentiment: Barclays lowered its HPE price target from $83 to $77. Although the revised target remains above the current trading level, the reduction signals more cautious expectations for valuation or near-term upside. Barclays cuts HPE price target

Hewlett Packard Enterprise 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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