Blue Jean Financial LLC Buys 30,606 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• Blue Jean Financial initiated a position in Hewlett Packard Enterprise, buying 30,606 shares valued at approximately $1.96 million. Institutional investors collectively own 80.78% of HPE.
• Analyst sentiment remains positive but mixed, with HPE rated a “Moderate Buy” and an average price target of $65.44; Barclays recently lowered its target to $77 from $83.
• HPE exceeded quarterly expectations with $1.11 in adjusted earnings per share and $12.21 billion in revenue, while maintaining a quarterly dividend of $0.1425 per share. Insiders, however, sold 551,456 shares worth about $35.3 million over the past three months.

Blue Jean Financial LLC purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,606 shares of the technology company's stock, valued at approximately $1,955,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Foster Group Inc. lifted its stake in Hewlett Packard Enterprise by 2.8% in the 3rd quarter. Foster Group Inc. now owns 5,341 shares of the technology company's stock valued at $341,000 after buying an additional 146 shares in the last quarter. Baird Financial Group Inc. increased its stake in Hewlett Packard Enterprise by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company's stock worth $709,000 after buying an additional 212 shares in the last quarter. Sax Wealth Advisors LLC raised its holdings in shares of Hewlett Packard Enterprise by 2.9% during the second quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company's stock valued at $396,000 after acquiring an additional 244 shares during the last quarter. Avail Investment Partners LLC raised its holdings in shares of Hewlett Packard Enterprise by 2.7% during the third quarter. Avail Investment Partners LLC now owns 11,204 shares of the technology company's stock valued at $716,000 after acquiring an additional 299 shares during the last quarter. Finally, Triumph Capital Management lifted its position in shares of Hewlett Packard Enterprise by 208.6% in the third quarter. Triumph Capital Management now owns 466 shares of the technology company's stock valued at $30,000 after acquiring an additional 315 shares in the last quarter. Institutional investors and hedge funds own 80.78% of the company's stock.

Analyst Ratings Changes

HPE has been the topic of several recent research reports. Zacks Research raised shares of Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 4th. Barclays cut shares of Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $83.00 to $77.00 in a research report on Wednesday, October 14th. The Goldman Sachs Group upped their price objective on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the company a "buy" rating in a report on Tuesday, October 6th. JPMorgan Chase & Co. raised their price objective on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a research report on Tuesday, August 25th. Finally, Loop Capital cut their price objective on shares of Hewlett Packard Enterprise from $75.00 to $65.00 and set a "buy" rating for the company in a research report on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $65.44.

Hewlett Packard Enterprise Price Performance

NYSE:HPE opened at $56.06 on Wednesday. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.56. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $74.42 billion, a P/E ratio of 29.20, a P/E/G ratio of 0.50 and a beta of 1.39. The stock's fifty day moving average is $59.40 and its two-hundred day moving average is $46.95.

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 analysts' consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the prior 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. Equities analysts expect that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Thursday, September 17th were given a dividend of $0.1425 per share. The ex-dividend date 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 currently 29.69%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, CEO Antonio Neri sold 250,000 shares of the business's stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $68.31, for a total value of $17,077,500.00. Following the sale, the chief executive officer directly owned 1,182,393 shares of the company's stock, valued at approximately $80,769,265.83. The trade was a 17.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of the company's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. This represents a 20.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 551,456 shares of company stock worth $35,271,258 over the last three months. 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: AI-server sector rebound: HPE shares moved higher alongside Super Micro Computer and Dell after Super Micro reported strong preliminary quarterly revenue, easing concerns from the prior week’s AI-hardware selloff. Super Micro Computer Surges On Blowout Preliminary Revenue; Dell, HPE Also Jump
• Positive Sentiment: New AI server platform: HPE launched ProLiant Gen13 servers using sixth-generation AMD EPYC processors. The systems target AI inference, agentic AI, simulations and financial modeling, potentially supporting higher-value enterprise infrastructure growth. Learn Why The Bull Case For HPE Stock Could Change Following Gen13 Server Launch
• Positive Sentiment: Miami Heat contract: HPE will modernize wired and wireless networking at Miami’s Kaseya Center, including AI-enabled connectivity and Wi-Fi infrastructure. The deal provides a visible customer reference for HPE’s networking and self-driving network offerings, though its direct financial impact is likely modest. HPE and Miami HEAT transform Kaseya Center fan experience
• Positive Sentiment: Space and HPC publicity: HPE’s Spaceborne Computer 4 is planned to run high-performance computing and AI benchmarks on the Moon aboard Astrolab’s FLIP rover, reinforcing the company’s positioning in specialized computing. The announcement is strategically notable but not an immediate earnings driver. HPE Spaceborne Computer to Power High Performance Computing and AI on the Moon
• Neutral Sentiment: Refurbished infrastructure opportunity: HPE’s upcycling business may benefit from demand for lower-cost refurbished equipment as companies expand AI capacity, including potential opportunities tied to Juniper Networks. HPE upcycle biz sees Juniper opportunity amid AI refurb surge
• Negative Sentiment: Price-target cut: Barclays lowered its HPE target from $83 to $77. The revised target remains above the recent trading level, but the reduction signals increasing caution after recent volatility and concerns that strong AI growth may not fully translate into sustainable returns. Barclays cuts target for Hewlett Packard Enterprise stock

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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