Hewlett Packard Enterprise Company $HPE Shares Bought by QRG Capital Management Inc.

Key Points

• Institutional interest increased significantly: QRG Capital Management more than doubled its HPE stake to 446,503 shares, while several other funds also added positions. Institutional investors now own 80.78% of the company.
• Analyst sentiment remains positive: HPE has a consensus “Moderate Buy” rating and an average price target of $69.18, with several analysts recently raising their targets.
• Strong operating results supported the outlook: HPE beat quarterly earnings and revenue estimates, with revenue up 33.7% year over year. Networking demand tied to AI infrastructure and the Juniper Networks integration are highlighted as potential growth catalysts, though executives recently sold shares.

QRG Capital Management Inc. grew its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 148.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 446,503 shares of the technology company's stock after acquiring an additional 266,499 shares during the quarter. QRG Capital Management Inc.'s holdings in Hewlett Packard Enterprise were worth $20,142,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of HPE. Envestnet Portfolio Solutions Inc. purchased a new position in Hewlett Packard Enterprise in the second quarter worth approximately $1,076,000. Andra AP fonden purchased a new stake in Hewlett Packard Enterprise during the 2nd quarter worth about $10,759,000. Tidal Investments LLC raised its holdings in shares of Hewlett Packard Enterprise by 552.7% in the 2nd quarter. Tidal Investments LLC now owns 800,103 shares of the technology company's stock valued at $36,093,000 after purchasing an additional 677,528 shares in the last quarter. BlueCrest Capital Management Ltd raised its stake in Hewlett Packard Enterprise by 105.8% in the second quarter. BlueCrest Capital Management Ltd now owns 201,015 shares of the technology company's stock valued at $9,068,000 after buying an additional 103,323 shares in the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in Hewlett Packard Enterprise during the second quarter worth approximately $13,408,000. Hedge funds and other institutional investors own 80.78% of the company's stock.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction on Friday, September 11th. The shares were sold at an average price of $60.44, for a total value of $15,110,000.00. Following the transaction, the chief executive officer owned 1,432,393 shares in the company, valued at $86,573,832.92. This trade represents a 14.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction 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 in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.44% of the company's stock.

Analyst Ratings Changes

HPE has been the topic of several research analyst reports. Raymond James Financial lifted their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an "outperform" rating in a research note on Thursday, September 3rd. Piper Sandler reaffirmed a "neutral" rating and set a $57.00 price target (down from $63.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, September 3rd. Bank of America increased their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. Loop Capital upgraded shares of Hewlett Packard Enterprise from a "hold" rating to a "buy" rating and increased their target price for the stock from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Finally, Sanford C. Bernstein upped their price objective on Hewlett Packard Enterprise from $35.00 to $62.00 and gave the company a "market perform" rating in a research note on Tuesday, June 2nd. 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 data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.18.

Hewlett Packard Enterprise Stock Up 2.3%

HPE stock opened at $62.43 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $64.25. The firm has a market capitalization of $82.87 billion, a PE ratio of 32.52, a P/E/G ratio of 0.54 and a beta of 1.43. The company's 50 day simple moving average is $53.36 and its 200-day simple moving average is $41.29.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.18. The firm 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 quarterly revenue was up 33.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend 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 Headlines Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: Networking demand is a key catalyst. HPE’s networking orders are reportedly outpacing shipments as customers invest in AI-related infrastructure. Major deals and the integration of Juniper Networks could support future growth, although execution remains important. HPE's Networking Orders Signal Continued Growth: What's Ahead?
• Positive Sentiment: Aruba’s AI-enabled networking was highlighted in a hotel technology refit. The project demonstrates how HPE’s Aruba networking platform can help hospitality customers improve connectivity and use AI capabilities, providing a tangible example of demand for HPE’s enterprise solutions. HPE hotel refit touts AI benefits with Aruba core
• Positive Sentiment: Analyst sentiment remains supportive. Morgan Stanley reaffirmed its Buy rating, while a broader analyst survey gave HPE an average “Moderate Buy” rating. These endorsements may reinforce confidence in the company’s growth outlook. Morgan Stanley Reaffirms Their Buy Rating on Hewlett Packard Enterprise HPE Receives Average Rating of Moderate Buy
• Positive Sentiment: HPE is being positioned as a value-oriented technology investment. Zacks compared HPE favorably with AMD for value investors, and included HPE among technology-solutions stocks benefiting from integrated-systems demand and multi-cloud adoption. HPE or AMD: Which Is the Better Value Stock Right Now?
• Positive Sentiment: Technical momentum could attract additional buyers. HPE was identified as one of several technology stocks with supportive fundamentals and chart patterns if the sector’s recent breakout continues. 3 Tech Stocks Positioned for More Upside if the Sector’s Breakout Holds

Hewlett Packard Enterprise Company Profile

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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