Oppenheimer & Co. Inc. Sells 58,577 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• Oppenheimer & Co. reduced its stake in Hewlett Packard Enterprise by 42.2% in Q4, selling 58,577 shares and retaining 80,115 shares valued at about $1.924 million.
• Insiders have been heavy sellers: CEO Antonio F. Neri sold 264,432 shares (~$6.66M) and EVP Neil B. Macdonald sold 112,652 shares (~$2.83M), with insiders selling 602,337 shares (~$15.44M) over the past 90 days and now owning 0.44% of the stock.
• HPE beat quarterly EPS estimates ($0.65 vs. $0.59), reported revenue up 18.4% year-over-year, issued FY2026 guidance of $2.30–$2.50 EPS, and pays a quarterly dividend of $0.1425 (annualized yield ~2.0%).

Oppenheimer & Co. Inc. trimmed its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 42.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,115 shares of the technology company's stock after selling 58,577 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in Hewlett Packard Enterprise were worth $1,924,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HPE. Bleakley Financial Group LLC boosted its position in shares of Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company's stock valued at $1,045,000 after acquiring an additional 439 shares during the period. Spire Wealth Management boosted its position in shares of Hewlett Packard Enterprise by 7.1% in the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company's stock valued at $164,000 after acquiring an additional 445 shares during the period. JFS Wealth Advisors LLC boosted its position in shares of Hewlett Packard Enterprise by 40.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company's stock valued at $38,000 after acquiring an additional 451 shares during the period. Western Wealth Management LLC boosted its position in shares of Hewlett Packard Enterprise by 3.3% in the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company's stock valued at $375,000 after acquiring an additional 489 shares during the period. Finally, Metis Global Partners LLC boosted its position in shares of Hewlett Packard Enterprise by 0.8% in the third quarter. Metis Global Partners LLC now owns 71,051 shares of the technology company's stock valued at $1,745,000 after acquiring an additional 570 shares during the period. 80.78% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 264,432 shares of the business's stock in a transaction dated Wednesday, March 25th. The stock was 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 can be accessed through the SEC website. Also, EVP Neil B. Macdonald sold 112,652 shares of the business's stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total value of $2,826,438.68. Following the transaction, the executive vice president directly owned 56,494 shares of the company's stock, valued at approximately $1,417,434.46. The trade was a 66.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 602,337 shares of company stock valued at $15,443,119. 0.44% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Stock Up 0.5%

Shares of NYSE HPE opened at $28.70 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. The company has a market cap of $38.08 billion, a price-to-earnings ratio of -151.05, a PEG 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 stock has a 50-day moving average price of $23.88 and a two-hundred day moving average price of $23.24.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business's quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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, analysts forecast that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders 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 presently -300.00%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HPE. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a "buy" rating and a $31.00 target price for the company. Citigroup upped their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a research report on Wednesday, March 11th. Wall Street Zen cut shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Saturday, April 25th. Bank of America upped their price objective on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a "buy" rating in a research report on Tuesday, March 10th. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. One equities 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 currently has a consensus rating of "Moderate Buy" and a consensus target price of $26.71.

Hewlett Packard Enterprise Company Profile

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.

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.