Hewlett Packard Enterprise Company $HPE Shares Purchased by Saudi Central Bank

Saudi Central Bank raised its position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 88.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 92,880 shares of the technology company's stock after purchasing an additional 43,621 shares during the period. Saudi Central Bank's holdings in Hewlett Packard Enterprise were worth $4,190,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Capital World Investors acquired a new stake in Hewlett Packard Enterprise in the 4th quarter valued at about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Hewlett Packard Enterprise during the second quarter worth about $1,027,139,000. Primecap Management Co. CA purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $773,225,000. Legal & General Group Plc acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $512,721,000. Finally, Elliott Investment Management L.P. grew its position in shares of Hewlett Packard Enterprise by 47.2% in the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company's stock valued at $652,912,000 after purchasing an additional 8,790,757 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on HPE shares. Citigroup lifted their price objective on Hewlett Packard Enterprise from $74.00 to $76.00 and gave the stock a "buy" rating in a research report on Thursday. Weiss Ratings upgraded Hewlett Packard Enterprise from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday. Deutsche Bank Aktiengesellschaft started coverage on Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a "buy" rating and a $62.00 price target for the company. Wells Fargo & Company reduced their price objective on Hewlett Packard Enterprise from $67.00 to $54.00 and set an "equal weight" rating on the stock in a research report on Thursday. Finally, Sanford C. Bernstein increased 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. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Hewlett Packard Enterprise presently has an average rating of "Moderate Buy" and a consensus price target of $69.44.

Insider Activity at Hewlett Packard Enterprise

In related news, SVP Kirt Karros sold 18,785 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $51.96 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The company has a market capitalization of $68.97 billion, a price-to-earnings ratio of 27.06, a PEG ratio of 0.51 and a beta of 1.43. The company's 50 day simple moving average is $49.95 and its 200 day simple moving average is $37.89. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.18. The firm had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. Hewlett Packard Enterprise's revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 earnings per share. 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. On average, sell-side analysts predict that Hewlett Packard Enterprise Company will post 3.03 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be issued a dividend of $0.1425 per share. The ex-dividend date is Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.1%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is 29.69%.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
• Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
• Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
• Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
• Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE's product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.

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