Zurcher Kantonalbank Zurich Cantonalbank Has $7.81 Million Stock Holdings in Hewlett Packard Enterprise Company $HPE

Key Points

• Zurcher Kantonalbank cut its position in Hewlett Packard Enterprise by 81.9% in Q4, selling 1,468,506 shares and retaining 325,015 shares valued at about $7.81 million.
• Corporate insiders have been active sellers: CEO Antonio F. Neri sold 264,432 shares (~$6.66M) and EVP Neil B. Macdonald sold 112,652 shares, with insiders offloading 602,337 shares worth $15.44M in the past 90 days.
• Analysts lean positive with a consensus "Moderate Buy" and a $26.71 target after multiple price-target raises, and HPE recently beat quarterly EPS ($0.65 vs. $0.59) while issuing FY2026 guidance of $2.30–$2.50 per share.

Zurcher Kantonalbank Zurich Cantonalbank cut its holdings in Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 81.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 325,015 shares of the technology company's stock after selling 1,468,506 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Hewlett Packard Enterprise were worth $7,807,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TFC Financial Management Inc. increased its stake in shares of 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 valued at $25,000 after buying an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in 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 acquiring an additional 666 shares during the last quarter. Headlands Technologies LLC bought a new position in Hewlett Packard Enterprise in the second quarter valued at about $26,000. Chilton Capital Management LLC bought a new position in Hewlett Packard Enterprise in the third quarter valued at about $30,000. Finally, Clearstead Trust LLC boosted its holdings in 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 acquiring an additional 625 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Antonio F. Neri sold 264,432 shares of Hewlett Packard Enterprise 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 transaction, the chief executive officer owned 1,837,329 shares in the company, valued at $46,263,944.22. The trade was a 12.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Neil B. Macdonald sold 112,652 shares of Hewlett Packard Enterprise stock in a transaction that occurred 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 sale, the executive vice president directly owned 56,494 shares in the company, valued at approximately $1,417,434.46. This represents a 66.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 602,337 shares of company stock worth $15,443,119 in the last 90 days. Corporate insiders own 0.44% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on HPE. Morgan Stanley raised their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an "equal weight" rating in a report on Tuesday, March 10th. Citigroup raised their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a report on Wednesday, March 11th. Bank of America raised their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, March 10th. Raymond James Financial restated an "outperform" rating and set a $29.00 target price (down from $30.00) on shares of Hewlett Packard Enterprise in a report on Monday, April 13th. Finally, Wall Street Zen upgraded Hewlett Packard Enterprise from a "hold" rating to a "buy" rating in a report on Saturday, March 14th. One investment 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 company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $26.71.

Hewlett Packard Enterprise Price Performance

Shares of HPE opened at $27.95 on Friday. 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 Company has a 1 year low of $15.42 and a 1 year high of $29.63. The stock has a market cap of $37.09 billion, a P/E ratio of -147.13, a price-to-earnings-growth ratio of 0.73 and a beta of 1.20. The stock's 50-day moving average price is $23.25 and its two-hundred day moving average price is $23.16.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business had revenue of $9.30 billion for the quarter, compared to analysts' expectations of $9.31 billion. During the same quarter in the previous year, the business posted $0.49 EPS. Hewlett Packard Enterprise's revenue for the quarter was up 18.4% on a year-over-year basis. 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. On average, equities analysts predict that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm 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 was Tuesday, March 24th. Hewlett Packard Enterprise's payout ratio is -300.00%.

Hewlett Packard Enterprise 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.

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