New York State Teachers Retirement System Sells 38,110 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• New York State Teachers Retirement System sold 38,110 HPE shares, reducing its stake by 3.5% to 1,063,315 shares worth about $25.54 million (0.08% ownership).
• Corporate insiders have been active sellers: CEO Antonio Neri sold 264,432 shares and EVP Fidelma Russo sold 34,001 on March 25, with insiders offloading 602,337 shares in the last 90 days and now owning 0.44% of the company.
• HPE beat quarterly EPS ($0.65 vs. $0.59), reported revenue up 18.4% year-over-year, set FY2026 EPS guidance of 2.30–2.50, pays a $0.57 annualized dividend (~2.0% yield), and carries a consensus analyst target of $26.71.

New York State Teachers Retirement System decreased its stake in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,063,315 shares of the technology company's stock after selling 38,110 shares during the period. New York State Teachers Retirement System owned 0.08% of Hewlett Packard Enterprise worth $25,541,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. TFC Financial Management Inc. raised its position in Hewlett Packard Enterprise by 2,694.4% in the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company's stock worth $25,000 after acquiring an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 176.7% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company's stock valued at $26,000 after purchasing an additional 666 shares during the period. Headlands Technologies LLC bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $26,000. Chilton Capital Management LLC bought a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $30,000. Finally, Clearstead Trust LLC raised its position in shares of Hewlett Packard Enterprise by 93.8% in the third quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company's stock valued at $32,000 after purchasing an additional 625 shares during the period. Institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $28.57 on Friday. The company has a 50 day moving average of $23.88 and a 200 day moving average of $23.25. The stock has a market cap of $37.91 billion, a P/E ratio of -150.38, a P/E/G ratio of 0.74 and a beta of 1.28. Hewlett Packard Enterprise Company has a 12 month low of $16.17 and a 12 month high of $29.63. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to analysts' expectations of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. Hewlett Packard Enterprise's revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.96 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were paid a dividend of $0.1425 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 annualized dividend and a yield of 2.0%. Hewlett Packard Enterprise's payout ratio is currently -300.00%.

Insider Activity at Hewlett Packard Enterprise

In related news, CEO Antonio F. Neri sold 264,432 shares of the business's stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.18, for a total transaction of $6,658,397.76. Following the completion of the transaction, the chief executive officer owned 1,837,329 shares of the company's stock, valued at approximately $46,263,944.22. The trade was a 12.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Fidelma Russo sold 34,001 shares of the business's stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total transaction of $852,745.08. Following the transaction, the executive vice president directly owned 17,001 shares of the company's stock, valued at approximately $426,385.08. This represents a 66.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 602,337 shares of company stock valued at $15,443,119. Corporate insiders own 0.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HPE. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Saturday, April 25th. Morgan Stanley boosted their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 10th. Citigroup boosted their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a "buy" rating in a research report on Wednesday, March 11th. Weiss Ratings reissued a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $26.71.

About Hewlett Packard Enterprise

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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