Mirae Asset Global Investments Co. Ltd. Purchases 357,396 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• Mirae Asset Global Investments bought 357,396 HPE shares worth approximately $22.8 million, while institutional investors collectively own 80.78% of the company.
• HPE’s latest quarterly results exceeded expectations, with adjusted EPS of $1.11 versus $0.93 expected and revenue up 33.7% year over year to $12.21 billion.
• Shares opened at $51.11, down 7.2%, amid a broader AI-server selloff. Analysts maintain a “Moderate Buy” consensus with a $65.44 average price target, and HPE pays a $0.57 annualized dividend yielding about 1.1%.

Mirae Asset Global Investments Co. Ltd. purchased a new position in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 357,396 shares of the technology company's stock, valued at approximately $22,834,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Aviance Capital Partners LLC bought a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter valued at approximately $220,000. ProShare Advisors LLC increased its holdings in Hewlett Packard Enterprise by 2.3% in the third quarter. ProShare Advisors LLC now owns 251,349 shares of the technology company's stock worth $16,059,000 after buying an additional 5,769 shares during the last quarter. Vise Technologies Inc. increased its holdings in Hewlett Packard Enterprise by 33.2% in the third quarter. Vise Technologies Inc. now owns 75,572 shares of the technology company's stock worth $4,828,000 after buying an additional 18,844 shares during the last quarter. Moss Adams Wealth Advisors LLC raised its position in Hewlett Packard Enterprise by 6.2% during the third quarter. Moss Adams Wealth Advisors LLC now owns 4,819 shares of the technology company's stock valued at $309,000 after acquiring an additional 283 shares in the last quarter. Finally, MGO One Seven LLC raised its position in Hewlett Packard Enterprise by 33.5% during the third quarter. MGO One Seven LLC now owns 11,719 shares of the technology company's stock valued at $749,000 after acquiring an additional 2,941 shares in the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Hewlett Packard Enterprise Stock Down 7.2%

HPE opened at $51.11 on Tuesday. The business has a 50 day moving average of $59.66 and a 200-day moving average of $40.86. The stock has a market capitalization of $67.85 billion, a price-to-earnings ratio of 26.62, a P/E/G ratio of 0.54 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 Company has a 1-year low of $19.84 and a 1-year high of $73.56.

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 the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analysts' expectations of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm's revenue was up 33.7% on a year-over-year basis. During the same quarter last year, the company 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. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were paid a $0.1425 dividend. The ex-dividend date was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.1%. Hewlett Packard Enterprise's dividend payout ratio is currently 29.69%.

Key Headlines Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: Favorable value and income ratings: Zacks added HPE to its Rank #1 (Strong Buy) lists for both value and income stocks, citing its valuation and income characteristics. Best Income Stocks to Buy for November 3rd Best Value Stocks to Buy for November 3rd
• Positive Sentiment: AI and telecom initiatives: Recent reports highlight HPE’s participation in a lunar AI test and the release of an Ericsson 5G Core model, developments that could support its positioning in specialized AI infrastructure and telecom modernization. Hewlett Packard Enterprise stock heads for lunar AI test HPE releases Ericsson 5G Core model for telecom evolution
• Neutral Sentiment: Upcoming earnings catalyst: HPE will report fiscal fourth-quarter 2026 results after the period ending October 31, with an analyst webcast scheduled for November 23. Investors may remain cautious ahead of the update, which should provide insight into AI-server demand, margins and forward guidance. HPE to Present Live Audio Webcast of Fiscal 2026 Fourth Quarter Earnings Conference Call
• Negative Sentiment: Broad AI-server selloff: HPE fell alongside Super Micro Computer and Dell as investors extended a sector-wide retreat in AI-server stocks ahead of Super Micro’s earnings. This broader risk-off pressure is the main apparent reason HPE is trading lower today. Super Micro Drops 5% Ahead of Earnings as AI Server Selloff Extends

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 30th. Truist Financial restated a "buy" rating and set a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Bank of America raised 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. Loop Capital reduced their price objective on shares of Hewlett Packard Enterprise from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Tuesday, September 8th. Finally, Zacks Research raised shares of Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat, Hewlett Packard Enterprise currently has an average rating of "Moderate Buy" and a consensus price target of $65.44.

Insider Activity

In other news, CEO Antonio Neri sold 250,000 shares of the firm's stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,432,393 shares of the company's stock, valued at approximately $86,573,832.92. This trade represents a 14.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the firm's stock in a transaction dated 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 transaction, the executive vice president directly owned 875,133 shares of the company's stock, valued at $53,750,668.86. The trade was a 3.79% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 585,899 shares of company stock worth $37,270,329. 0.44% of the stock is currently owned by corporate insiders.

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.

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