Strs Ohio Sells 432,045 Shares of Hewlett Packard Enterprise Company $HPE

Key Points

• Strs Ohio sold 432,045 shares of Hewlett Packard Enterprise in Q4, reducing its stake by 44.8% to 532,510 shares valued at about $12.79 million.
• Company insiders have been net sellers, offloading 602,337 shares worth $15.44 million in the last 90 days — including EVP Neil Macdonald (112,652 shares) and CEO Antonio Neri (264,432 shares) — leaving insiders with just 0.44% ownership.
• HPE beat quarterly EPS ($0.65 vs. $0.59), provided FY2026 EPS guidance of 2.30–2.50, and carries a consensus analyst rating of "Moderate Buy" with a $26.71 target; the stock has a market cap of ~$38.1B and a ~2.0% dividend yield.

Strs Ohio decreased its holdings in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 44.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 532,510 shares of the technology company's stock after selling 432,045 shares during the quarter. Strs Ohio's holdings in Hewlett Packard Enterprise were worth $12,791,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HPE. Bleakley Financial Group LLC grew its stake in shares of Hewlett Packard Enterprise by 1.0% during the 3rd 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 raised its stake in Hewlett Packard Enterprise by 7.1% during the 3rd quarter. Spire Wealth Management now owns 6,694 shares of the technology company's stock worth $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 worth $38,000 after purchasing an additional 451 shares during the period. Western Wealth Management LLC increased its stake 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 worth $375,000 after purchasing an additional 489 shares in the last quarter. Finally, Metis Global Partners LLC increased its stake 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 worth $1,745,000 after purchasing an additional 570 shares in the last quarter. 80.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on HPE shares. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a "buy" rating in a research note on Wednesday, March 11th. Morgan Stanley increased their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 10th. Raymond James Financial restated an "outperform" rating and issued a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. Wall Street Zen lowered Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research note on Saturday, April 25th. Finally, Truist Financial initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They set a "buy" rating and a $31.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $26.71.

Insider Activity

In related news, EVP Neil B. Macdonald sold 112,652 shares of the firm's stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total value of $2,826,438.68. Following the completion of the transaction, the executive vice president directly owned 56,494 shares of the company's stock, valued at approximately $1,417,434.46. This trade represents a 66.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Antonio F. Neri sold 264,432 shares of the business's stock in a transaction on 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 sale, the chief executive officer owned 1,837,329 shares in the company, valued at $46,263,944.22. This represents a 12.58% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 602,337 shares of company stock worth $15,443,119. 0.44% of the stock is currently owned by insiders.

Hewlett Packard Enterprise Stock Up 0.5%

Shares of HPE stock opened at $28.70 on Tuesday. The company's fifty day simple moving average is $23.88 and its two-hundred day simple moving average is $23.24. Hewlett Packard Enterprise Company has a 52 week low of $16.17 and a 52 week high of $29.63. The stock has a market cap of $38.08 billion, a P/E ratio of -151.05, a PEG ratio of 0.74 and a beta of 1.28. The company has a quick ratio of 0.75, a current ratio of 1.03 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 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The firm had revenue of $9.30 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the business posted $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. Analysts predict 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. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, March 24th. Hewlett Packard Enterprise's dividend payout ratio is -300.00%.

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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