Envestnet Portfolio Solutions Inc. Purchases New Holdings in Hewlett Packard Enterprise Company $HPE

Key Points

• Envestnet Portfolio Solutions acquired 23,861 HPE shares in the second quarter, valued at approximately $1.08 million. Institutional investors and hedge funds collectively own 80.78% of the company.
• HPE reported strong quarterly results, with EPS of $1.11 beating estimates by $0.18 and revenue rising 33.7% year over year to $12.21 billion. The company also issued quarterly dividend guidance of $0.1425 per share, equivalent to a 0.9% annual yield.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $69.18, although UBS and Evercore recently lowered their assessments. Meanwhile, CEO Antonio Neri and director Gary Reiner sold shares under disclosed transactions.

Envestnet Portfolio Solutions Inc. purchased a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 23,861 shares of the technology company's stock, valued at approximately $1,076,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Delos Wealth Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter worth about $27,000. First Bancorp Inc ME acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $30,000. Transamerica Financial Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter worth about $37,000. SJS Investment Consulting Inc. boosted its stake in shares of Hewlett Packard Enterprise by 159.5% in the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company's stock worth $28,000 after buying an additional 716 shares during the last quarter. Finally, Ancora Advisors LLC acquired a new stake in Hewlett Packard Enterprise during the second quarter worth about $56,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Gary M. Reiner sold 17,000 shares of the firm's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director directly owned 65,072 shares of the company's stock, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Antonio Neri sold 250,000 shares of the firm's stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,432,393 shares in the company, valued at $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company's stock.

Hewlett Packard Enterprise Stock Up 0.0%

HPE opened at $62.94 on Monday. The company has a market cap of $83.55 billion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 0.56 and a beta of 1.43. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $65.65. The company has a 50-day moving average price of $54.07 and a 200 day moving average price of $41.88. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. The company had revenue of $12.21 billion for 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%.Hewlett Packard Enterprise's revenue was up 33.7% compared to the same quarter last year. During the same period in the previous year, the firm 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. Sell-side analysts expect that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio is currently 29.69%.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: AI, networking and quantum partnerships support the growth narrative. HPE’s expanded networking relationships and efforts to bring quantum computing to on-premises high-performance computing could strengthen its position in next-generation data-center infrastructure. HPE’s Expanded Networking and Quantum Partnerships
• Positive Sentiment: Analyst and media sentiment is favorable. Zacks named HPE its Bull of the Day, while other coverage highlighted the company as a value stock. This may be attracting momentum-oriented investors, particularly as HPE trades well above its longer-term moving averages. HPE Soars to a 52-Week High
• Positive Sentiment: Fundamental performance remains strong. Recent results showed revenue growth of roughly 34%, earnings above consensus and a better-than-expected revenue outlook, reinforcing the case that AI-related demand is improving HPE’s financial profile. HPE Reports 34% Revenue Growth
• Neutral Sentiment: HPE is benefiting from broader AI-infrastructure enthusiasm. Dell’s rally after Morgan Stanley raised the probability of its bullish scenario also lifted attention across the sector, with HPE edging higher. The move reflects industry optimism more than a new HPE-specific catalyst. Dell Rally and HPE Market Reaction
• Negative Sentiment: Valuation and competitive concerns could limit further gains. HPE’s move to a 52-week high raises the possibility of profit-taking. Comparisons with Dell point to Dell’s larger AI backlog and clearer server-demand visibility, while Super Micro’s rapid deployment of advanced NVIDIA systems highlights intense competition in AI infrastructure. HPE Versus Dell AI Infrastructure Comparison

Analyst Ratings Changes

A number of brokerages have recently commented on HPE. UBS Group dropped their price objective on shares of Hewlett Packard Enterprise from $65.00 to $59.00 and set a "neutral" rating on the stock in a research note on Thursday, September 3rd. Evercore cut shares of Hewlett Packard Enterprise from an "outperform" rating to an "in-line" rating and set a $65.00 target price for the company. in a research note on Monday, September 14th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 1st. They set a "buy" rating and a $62.00 price target on the stock. The Goldman Sachs Group raised their price target on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a "buy" rating in a research report on Wednesday, June 3rd. Finally, Argus reaffirmed a "buy" rating and issued a $70.00 price objective on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Hewlett Packard Enterprise has an average rating of "Moderate Buy" and an average price target of $69.18.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company NYSE: HPE is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.

HPE's portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.

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