Hewlett Packard Enterprise Company $HPE Shares Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP boosted its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 340.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,412 shares of the technology company's stock after acquiring an additional 37,414 shares during the period. Fulcrum Asset Management LLP's holdings in Hewlett Packard Enterprise were worth $2,977,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HPE. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Hewlett Packard Enterprise in the 2nd quarter valued at $1,027,139,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth $773,225,000. Elliott Investment Management L.P. lifted its stake in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company's stock worth $652,912,000 after acquiring an additional 8,790,757 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Hewlett Packard Enterprise by 6.1% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company's stock valued at $590,435,000 after acquiring an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $512,721,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Price Performance

Shares of NYSE HPE opened at $47.59 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56. The firm has a market capitalization of $63.17 billion, a P/E ratio of 24.78, a PEG ratio of 0.32 and a beta of 1.46. The company's fifty day moving average is $59.10 and its two-hundred day moving average is $41.52.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business's revenue was up 33.7% compared to the same quarter last year. During the same quarter last 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. Analysts forecast that Hewlett Packard Enterprise Company will post 3.35 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced 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. This represents a $0.57 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio is presently 29.69%.

Analyst Ratings Changes

Several research analysts recently issued reports on HPE shares. Deutsche Bank Aktiengesellschaft began 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 for the company. Susquehanna lowered their price objective on Hewlett Packard Enterprise from $65.00 to $62.00 and set a "neutral" rating on the stock in a report on Friday, September 4th. Wells Fargo & Company boosted their target price on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 1st. Barclays cut Hewlett Packard Enterprise from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $83.00 to $77.00 in a research report on Wednesday, October 14th. Finally, UBS Group increased their target price on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a "neutral" rating in a research note on Thursday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $65.44.

Insider Buying and Selling at Hewlett Packard Enterprise

In other news, EVP Rami Rahim sold 34,456 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the sale, the executive vice president owned 875,133 shares of the company's stock, valued at $53,750,668.86. The trade was a 3.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Antonio F. Neri sold 250,000 shares of the company'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 value of $15,110,000.00. Following the completion of the sale, the chief executive officer owned 1,432,393 shares in the company, valued at approximately $86,573,832.92. This represents a 14.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 585,899 shares of company stock valued at $37,270,329. Corporate insiders own 0.44% of the company's stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing.

HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.

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