Hewlett Packard Enterprise Company $HPE Stock: Cantor Fitzgerald Investment Advisors L.P. Reduces Stake

Key Points

• Cantor Fitzgerald Investment Advisors cut its HPE stake by 33.7% during the third quarter, selling 244,093 shares and retaining 480,844 shares valued at approximately $30.7 million. Institutional investors still own 80.78% of the company.
• HPE reported quarterly earnings of $1.11 per share, beating estimates of $0.93, while revenue rose 33.7% year over year to $12.21 billion. The company also declared a quarterly dividend of $0.1425 per share, equivalent to a 1.0% annual yield.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $65.44, though insider selling and concerns that AI-growth expectations may already be priced into the stock remain risks.

Cantor Fitzgerald Investment Advisors L.P. trimmed its position in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 33.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 480,844 shares of the technology company's stock after selling 244,093 shares during the quarter. Hewlett Packard Enterprise makes up 1.4% of Cantor Fitzgerald Investment Advisors L.P.'s holdings, making the stock its 14th biggest holding. Cantor Fitzgerald Investment Advisors L.P.'s holdings in Hewlett Packard Enterprise were worth $30,721,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in HPE. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $1,027,139,000. Primecap Management Co. CA bought a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $773,225,000. Legal & General Group Plc acquired a new position in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $512,721,000. Elliott Investment Management L.P. increased its position 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 period. Finally, Bank of New York Mellon Corp acquired a new position in Hewlett Packard Enterprise in the 2nd quarter valued at approximately $322,718,000. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Trading Up 3.6%

NYSE:HPE opened at $58.11 on Thursday. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $77.14 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 0.50 and a beta of 1.39. The firm has a fifty day simple moving average of $59.39 and a two-hundred day simple moving average of $47.18. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate 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%. The business's quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter in the prior 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. Analysts expect that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio is 29.69%.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: AI infrastructure demand lifted the sector. Super Micro raised its quarterly revenue outlook and projected better gross margins, sending its shares sharply higher and pulling HPE and Dell Technologies along with it. The update provided fresh evidence that spending on AI computing infrastructure remains strong. Why are Dell and HPE stocks rising in premarket trading on Wednesday?
• Positive Sentiment: New ProLiant Gen13 servers expand HPE’s AI opportunity. HPE launched servers using sixth-generation AMD EPYC processors, targeting AI inference, agentic AI, data-intensive simulations and financial modeling. Higher core density, expanded memory and enhanced security features could support higher-value infrastructure sales. Learn Why The Bull Case For HPE Stock Could Change Following Gen13 Server Launch
• Positive Sentiment: Commercial and strategic projects add visibility. The Miami Heat selected HPE to modernize wired and wireless networking at Kaseya Center, while HPE’s Spaceborne Computer 4 is planned to run high-performance computing and AI benchmarks on the Moon. These projects are unlikely to materially affect near-term revenue but enhance HPE’s technology profile and potential customer relationships. Miami Heat Selects Hewlett Packard Enterprise to Modernize Infrastructure
• Neutral Sentiment: Investors remain focused on execution. HPE recently reported earnings and revenue above consensus estimates, but the stock’s substantial rally has increased scrutiny of valuation, backlog conversion and the durability of AI-related demand.
• Negative Sentiment: Analyst skepticism remains a risk. A recent downgrade triggered significant selling despite strong earnings growth and a record backlog, highlighting concerns that optimistic AI expectations may already be reflected in HPE’s valuation. HPE Has a 12x Forward PE and 400% Growth

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. This represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Rami Rahim sold 34,456 shares of the firm's stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total value of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares of the company's stock, valued at $53,750,668.86. This trade represents a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 551,456 shares of company stock worth $35,271,258. Corporate insiders own 0.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on HPE shares. Citigroup raised their price target on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the company a "buy" rating in a research note on Thursday, October 1st. Evercore boosted their price objective on shares of Hewlett Packard Enterprise from $65.00 to $67.00 and gave the stock an "outperform" rating in a research note on Thursday, October 1st. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $65.00 to $75.00 in a report on Friday, October 2nd. Bank of America increased their price objective on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a "buy" rating in a report on Monday, August 31st. Finally, UBS Group raised their target price on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a "neutral" rating in a research report on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has an average rating of "Moderate Buy" and a consensus target price of $65.44.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company NYSE: HPE is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE's portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.