Hewlett Packard Enterprise Company $HPE Stock Purchased by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its HPE stake by 45.7% in the third quarter to 69,745 shares valued at approximately $4.46 million. Institutional investors now own 80.78% of the company.
• HPE reported quarterly EPS of $1.11, exceeding 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, or $0.57 annually.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $65.78, although HPE’s sharp rally and recent insider selling highlight valuation and profit-taking risks.

Farther Finance Advisors LLC raised its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 45.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,745 shares of the technology company's stock after purchasing an additional 21,890 shares during the quarter. Farther Finance Advisors LLC's holdings in Hewlett Packard Enterprise were worth $4,456,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Delos Wealth Advisors LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $27,000. First Bancorp Inc ME acquired a new position in Hewlett Packard Enterprise during the second quarter worth $30,000. Transamerica Financial Advisors LLC acquired a new position in Hewlett Packard Enterprise during the second quarter worth $37,000. North Point Portfolio Managers Corp OH acquired a new position in Hewlett Packard Enterprise during the third quarter worth $58,000. Finally, SJS Investment Consulting Inc. raised its position in Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company's stock worth $28,000 after acquiring an additional 716 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Trading Up 0.0%

HPE stock opened at $73.50 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The company has a fifty day moving average price of $58.25 and a two-hundred day moving average price of $45.12. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56. The stock has a market cap of $97.56 billion, a price-to-earnings ratio of 38.28, a price-to-earnings-growth ratio of 0.65 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued 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 company 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 company's revenue was up 33.7% on a year-over-year basis. During the same period in the prior year, the firm 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. Equities analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be issued a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio is currently 29.69%.

Key Hewlett Packard Enterprise News

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

• Positive Sentiment: Wall Street’s outlook has improved as HPE benefits from strong AI-related demand, surging server sales, a growing backlog and expanding HPE GreenLake adoption. Analysts see additional upside, with some coverage pointing to a price target near $92. HPE Stock Has Nearly Tripled
• Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a direct-liquid-cooling-ready data center supporting advanced financial simulations and future private AI initiatives. The deployment offers evidence of demand for HPE’s high-performance computing and energy-efficient AI infrastructure. Mizuho Securities Selects HPE
• Positive Sentiment: Investor enthusiasm is also being supported by HPE’s networking business, its Juniper Networks acquisition, and a reported $1.2 billion AMD Helios AI Rack order from Vultr. Jim Cramer said HPE has “finally broken out of its funk,” while bullish earnings revisions and robust recent results are sustaining momentum. Jim Cramer Says HPE Has Finally Turned a Corner
• Neutral Sentiment: The stock’s sharp rally and new highs have increased valuation and profit-taking risks. Although earnings estimates remain supportive, investors are weighing whether continued AI growth justifies the already substantial gains. Should You Buy, Sell or Hold HPE Stock
• Negative Sentiment: CEO Antonio Neri sold 250,000 shares worth approximately $17.1 million, reducing his direct holdings by 17.45%. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its significance as a bearish signal, but it may still weigh modestly on sentiment.

Insiders Place Their Bets

In other news, EVP Rami Rahim sold 34,456 shares of the company'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 value of $2,116,287.52. Following the transaction, the executive vice president owned 875,133 shares of the company's stock, valued at approximately $53,750,668.86. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 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 trade represents a 20.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 551,456 shares of company stock worth $35,271,258 over the last three months. Insiders own 0.44% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on HPE shares. Citigroup increased 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. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They issued a "buy" rating and a $62.00 price objective for the company. Weiss Ratings upgraded shares of Hewlett Packard Enterprise from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, September 4th. Bank of America boosted their price objective 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. Finally, Wells Fargo & Company upped their target price on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an "equal weight" rating in a report on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $65.78.

About Hewlett Packard Enterprise

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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