Banco Bilbao Vizcaya Argentaria S.A. Reduces Stock Position in Hewlett Packard Enterprise Company $HPE

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. cut its stake by 70%, selling 477,104 HPE shares in Q3 and now holds 204,954 shares valued at about $4.98 million.
• HPE beat Q1 expectations (EPS $0.65 vs. $0.59) with revenue up 18.4% YoY, raised FY2026 guidance to $2.30–$2.50, and is seeing AI-related wins and analyst upgrades that lift the consensus price target to $26.50.
• HPE declared a quarterly dividend of $0.1425 (annualized $0.57, yield ~2.6%), while insiders (including the CEO and an SVP) sold shares; institutional investors own roughly 80.8% of the stock.

Banco Bilbao Vizcaya Argentaria S.A. cut its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 70.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,954 shares of the technology company's stock after selling 477,104 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Hewlett Packard Enterprise were worth $4,978,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Bridgefront Capital LLC boosted its holdings in Hewlett Packard Enterprise by 218.2% in the third quarter. Bridgefront Capital LLC now owns 46,982 shares of the technology company's stock worth $1,154,000 after purchasing an additional 32,219 shares during the last quarter. California Public Employees Retirement System raised its stake in Hewlett Packard Enterprise by 4.7% during the 3rd quarter. California Public Employees Retirement System now owns 2,736,815 shares of the technology company's stock valued at $67,216,000 after buying an additional 123,888 shares during the last quarter. Boothbay Fund Management LLC bought a new position in shares of Hewlett Packard Enterprise during the 3rd quarter valued at $19,133,000. 44 Wealth Management LLC lifted its holdings in shares of Hewlett Packard Enterprise by 53.3% during the 3rd quarter. 44 Wealth Management LLC now owns 59,030 shares of the technology company's stock valued at $1,450,000 after buying an additional 20,522 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in shares of Hewlett Packard Enterprise by 90.1% in the 3rd quarter. Alliancebernstein L.P. now owns 3,320,343 shares of the technology company's stock worth $81,548,000 after buying an additional 1,573,272 shares during the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Trading Up 1.3%

Shares of HPE opened at $21.86 on Tuesday. The stock has a market capitalization of $29.00 billion, a PE ratio of -115.04, a P/E/G ratio of 0.56 and a beta of 1.31. The company's fifty day moving average is $21.86 and its 200 day moving average is $23.05. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The business had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter last year, the business earned $0.49 earnings per share. Hewlett Packard Enterprise's quarterly revenue was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be given a $0.1425 dividend. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 2.6%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently -300.00%.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: Morgan Stanley raised its price target on HPE to $25, signaling analyst conviction that HPE’s outlook and AI exposure justify higher valuation. Morgan Stanley bullish on Hewlett Packard Enterprise Company (HPE) with increased price target of $25
• Positive Sentiment: HPE expanded its NVIDIA AI Computing by HPE portfolio — delivering integrated, validated systems aimed at speeding AI time-to-value while addressing scale, security and governance (a direct revenue play into AI infrastructure demand). HPE Accelerates Secure, Scalable Production-ready AI Through New Innovations With NVIDIA
• Positive Sentiment: HPE won/announced sovereign AI systems deals and will supply liquid-cooled AI infrastructure for national research centers (Argonne, HLRS), strengthening longer-term, high-value public-sector and research bookings. HPE Drives Sovereign AI Leadership With Advanced Systems at National Research Centers: HLRS and Argonne National Laboratory
• Positive Sentiment: HPE unveiled next‑generation AI factory and supercomputing solutions with NVIDIA (full-stack compute, GPUs, networking, cooling, software, services), reinforcing its addressable market in at‑scale AI deployments. HPE Unveils Next-Generation-AI-Factory-and-Supercomputing-Advancements-with-NVIDIA
• Positive Sentiment: Q1 FY2026 results beat on EPS, delivered high‑end revenue growth (+18% YoY) and management raised full‑year guidance — concrete fundamentals that underpin the bullish trading. HPE (HPE) Q1 2026 Earnings Call Transcript
• Positive Sentiment: Retail/idea coverage highlights HPE as an inexpensive name favored by some money managers/billionaire-watch lists, which can attract bargain-hunting flows. 5 Best Very Cheap Stocks to Buy According to Billionaires
• Neutral Sentiment: Analyst pieces and comparisons (e.g., versus other enterprise storage and hybrid-cloud peers) outline competitive dynamics — useful context but not immediate stock-moving news. Everpure vs. HPE: Which Enterprise Storage Stock is the Better Buy?
• Neutral Sentiment: Deep-dive pieces on international revenue trends and market exposures provide analyst-level nuance on where HPE might accelerate or lag globally — watch for region-specific booking trends. Deciphering Hewlett Packard Enterprise (HPE) International Revenue Trends
• Neutral Sentiment: Coverage noting HPE’s improved earnings story also flags memory supply constraints that could cap server growth — a risk to monitor but currently outweighed by AI demand and guidance. How HPE’s Earnings Hike Amid AI Demand And Supply Constraints Has Changed Its Investment Story (HPE)

Wall Street Analyst Weigh In

HPE has been the subject of several research analyst reports. Zacks Research raised Hewlett Packard Enterprise from a "strong sell" rating to a "hold" rating in a report on Monday, December 8th. Morgan Stanley raised their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 10th. Citigroup upped their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a "buy" rating in a research report on Wednesday, March 11th. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, The Goldman Sachs Group assumed coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They set a "buy" rating and a $31.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $26.50.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 36,460 shares of the business's stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the sale, the senior vice president directly owned 18,785 shares of the company's stock, valued at $462,298.85. The trade was a 66.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Antonio F. Neri sold 26,457 shares of the company's stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $24.49, for a total value of $647,931.93. Following the sale, the chief executive officer owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.44% of the company's stock.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE's product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.