Hewlett Packard Enterprise Company $HPE Stock Acquired by AdvisorNet Financial Inc

Key Points

• AdvisorNet Financial increased its HPE stake by 809.6% in the third quarter, bringing its holdings to 43,563 shares valued at approximately $2.75 million. Institutional investors collectively own 80.78% of the company.
• HPE reported strong quarterly results, with revenue rising 33.7% year over year to $12.21 billion and earnings of $1.11 per share, exceeding analyst expectations. The company also maintained a quarterly dividend of $0.1425 per share.
• Despite positive operating momentum and generally bullish analyst ratings, HPE shares have faced pressure from concerns about AI infrastructure financing, customer adoption and server-revenue quality; Barclays downgraded the stock to Equal Weight and lowered its target to $77.

AdvisorNet Financial Inc lifted its position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 809.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,563 shares of the technology company's stock after purchasing an additional 38,774 shares during the quarter. AdvisorNet Financial Inc's holdings in Hewlett Packard Enterprise were worth $2,749,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in HPE. Elliott Investment Management L.P. raised its holdings in 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 valued at $652,912,000 after acquiring an additional 8,790,757 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise during the second quarter worth about $1,027,139,000. Primecap Management Co. CA bought a new position in Hewlett Packard Enterprise in the 2nd quarter worth about $773,225,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Hewlett Packard Enterprise by 6.1% during the 2nd 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 worth $590,435,000 after buying an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc bought a new stake in Hewlett Packard Enterprise during the second quarter worth approximately $512,721,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Antonio F. Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction on Monday, October 5th. The shares were sold at an average price of $68.31, for a total value of $17,077,500.00. Following the transaction, the chief executive officer owned 1,182,393 shares in the company, valued at $80,769,265.83. This trade represents a 17.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of the stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the sale, the director directly owned 65,072 shares of the company's stock, 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. In the last 90 days, insiders sold 551,456 shares of company stock valued at $35,271,258. 0.44% of the stock is owned by insiders.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: HPE announced a planned $75 million expansion in Chippewa Falls, Wisconsin, expected to create 75 jobs. The investment supports the company’s manufacturing and infrastructure operations, although its near-term effect on earnings is likely limited. HPE to spend $75M to expand, add 75 jobs in Chippewa Falls
• Positive Sentiment: Some investors remain constructive because HPE has reported record revenue, orders and backlog, while demand for traditional servers, AI systems and networking—and higher server prices—has supported recent results. HPE stock was also reported to be up substantially for the year before the latest retreat. What Was HPE Telling You Before Its Stock Ran?
• Neutral Sentiment: ETF selling added to short-term pressure, while some dip buyers are betting that HPE can convert its AI and server orders into revenue. However, the recent decline has raised questions about whether earlier dip-buying strategies will continue to work. ETFs Are Net Sellers of Hewlett Packard Enterprise
• Negative Sentiment: Barclays downgraded HPE to Equal Weight from Overweight and lowered its price target to $77 from $83. The firm questioned how quickly corporate customers will adopt AI hardware and suggested that memory-component inflation, rather than new AI deployments, may be driving server revenue growth. Why Hewlett Packard Enterprise Stock Is Trading Lower Today
• Negative Sentiment: Concerns over how customers will finance large AI infrastructure projects have spread across hardware stocks, including HPE, Dell and Super Micro. The resulting sector-wide selling, combined with scrutiny of HPE’s server revenue quality and adoption timeline, drove a roughly 20% decline between October 9 and October 15. AI Financing Worries Extend Hardware Selloff

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a "buy" rating and a $62.00 price objective on the stock. Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a "neutral" rating to an "outperform" rating and increased their target price for the company from $65.00 to $75.00 in a research note on Friday, October 2nd. The Goldman Sachs Group raised their price objective on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Tuesday, October 6th. Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a "buy" rating in a report on Monday, August 31st. Finally, Raymond James Financial increased their price objective on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an "outperform" rating in a report on Thursday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $65.44.

Hewlett Packard Enterprise Trading Down 5.6%

Shares of Hewlett Packard Enterprise stock opened at $55.32 on Friday. The firm's 50 day moving average is $59.34 and its 200 day moving average is $46.33. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $73.56. The firm has a market capitalization of $73.44 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of 0.52 and a beta of 1.39. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the prior year, the firm posted $0.44 EPS. The company's revenue for the quarter was up 33.7% compared to the same quarter last year. 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 research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company 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. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 29.69%.

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, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE's portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.

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