Eisler Capital Management Ltd. Acquires Shares of 14,853 Hewlett Packard Enterprise Company $HPE

Key Points

• Eisler Capital Management Ltd. acquired 14,853 shares of Hewlett Packard Enterprise Company, valued at approximately $229,000, during the 1st quarter.
• CEO Antonio F. Neri sold 166,666 shares at an average price of $22.52, resulting in a 7.99% decrease in his ownership stake.
• The company recently announced a quarterly dividend of $0.13 per share, representing an annualized payout of $0.52 and a yield of 2.2%.

Eisler Capital Management Ltd. purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,853 shares of the technology company's stock, valued at approximately $229,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HPE. Integrated Wealth Concepts LLC increased its position in Hewlett Packard Enterprise by 3.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 32,028 shares of the technology company's stock worth $684,000 after purchasing an additional 976 shares during the period. Aquatic Capital Management LLC acquired a new stake in Hewlett Packard Enterprise in the fourth quarter worth about $671,000. Northern Trust Corp increased its position in Hewlett Packard Enterprise by 24.7% in the fourth quarter. Northern Trust Corp now owns 16,184,240 shares of the technology company's stock worth $345,534,000 after purchasing an additional 3,208,424 shares during the period. Lido Advisors LLC increased its position in Hewlett Packard Enterprise by 1.0% in the fourth quarter. Lido Advisors LLC now owns 71,024 shares of the technology company's stock worth $1,526,000 after purchasing an additional 691 shares during the period. Finally, Freestone Grove Partners LP acquired a new stake in Hewlett Packard Enterprise in the fourth quarter worth about $60,040,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Down 2.4%

NYSE HPE traded down $0.57 during trading on Friday, hitting $22.60. The stock had a trading volume of 19,959,663 shares, compared to its average volume of 16,573,066. The company has a market capitalization of $29.65 billion, a PE ratio of 22.82, a P/E/G ratio of 3.28 and a beta of 1.43. The company's 50-day moving average price is $20.79 and its two-hundred day moving average price is $18.31. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 1.29. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $24.66.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The technology company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.05. Hewlett Packard Enterprise had a return on equity of 9.59% and a net margin of 4.60%.The company had revenue of $7.63 billion for the quarter, compared to analysts' expectations of $7.51 billion. During the same quarter in the prior year, the business posted $0.42 EPS. The business's revenue was up 5.9% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.780-1.900 EPS. Q3 2025 guidance at 0.400-0.450 EPS. As a group, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

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

Insider Activity at Hewlett Packard Enterprise

In related news, SVP Jeremy Cox sold 68,590 shares of the stock in a transaction on Friday, June 27th. The stock was sold at an average price of $18.44, for a total value of $1,264,799.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Antonio F. Neri sold 83,334 shares of the company's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $23.01, for a total value of $1,917,515.34. Following the completion of the transaction, the chief executive officer directly owned 1,835,726 shares in the company, valued at approximately $42,240,055.26. This represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 378,590 shares of company stock worth $8,106,833. Company insiders own 0.36% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on HPE. Raymond James Financial lifted their price objective on Hewlett Packard Enterprise from $23.00 to $26.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, June 4th. KeyCorp assumed coverage on Hewlett Packard Enterprise in a research report on Thursday, June 26th. They set a "sector weight" rating for the company. Wall Street Zen upgraded Hewlett Packard Enterprise from a "sell" rating to a "hold" rating in a research report on Sunday, July 13th. UBS Group lifted their price objective on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a "neutral" rating in a report on Wednesday, June 4th. Finally, The Goldman Sachs Group started coverage on Hewlett Packard Enterprise in a report on Thursday, July 24th. They set a "neutral" rating and a $22.00 price objective on the stock. 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, Hewlett Packard Enterprise currently has a consensus rating of "Moderate Buy" and an average target price of $23.27.

About Hewlett Packard Enterprise

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.