International Assets Investment Management LLC Has $515,000 Stock Position in Hewlett Packard Enterprise Company $HPE

International Assets Investment Management LLC reduced its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 24.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,166 shares of the technology company’s stock after selling 8,266 shares during the quarter. International Assets Investment Management LLC’s holdings in Hewlett Packard Enterprise were worth $515,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Alpine Bank Wealth Management acquired a new stake in shares of Hewlett Packard Enterprise during the 1st quarter worth $25,000. Zions Bancorporation National Association UT acquired a new stake in shares of Hewlett Packard Enterprise during the 1st quarter worth $27,000. MorganRosel Wealth Management LLC acquired a new stake in shares of Hewlett Packard Enterprise during the 1st quarter worth $31,000. Hilltop National Bank acquired a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth $35,000. Finally, Transce3nd LLC grew its holdings in shares of Hewlett Packard Enterprise by 2,937.2% during the 1st quarter. Transce3nd LLC now owns 2,369 shares of the technology company’s stock worth $37,000 after purchasing an additional 2,291 shares in the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $23.27 on Wednesday. The firm has a market cap of $30.71 billion, a PE ratio of 28.38, a PEG ratio of 1.70 and a beta of 1.45. The stock’s fifty day moving average price is $23.69 and its two-hundred day moving average price is $20.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.95 and a quick ratio of 0.69. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 3rd. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.09). The firm had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $8.77 billion. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. The business’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.50 earnings per share. Hewlett Packard Enterprise has set its FY 2025 guidance at 1.880-1.920 EPS. Q4 2025 guidance at 0.560-0.600 EPS. On average, equities research analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 18th were paid a $0.13 dividend. The ex-dividend date was Thursday, September 18th. This represents a $0.52 annualized dividend and a dividend yield of 2.2%. Hewlett Packard Enterprise’s payout ratio is presently 63.41%.

Insider Buying and Selling at Hewlett Packard Enterprise

In related news, Director Gary M. Reiner sold 40,000 shares of the business’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $24.58, for a total transaction of $983,200.00. Following the sale, the director directly owned 83,869 shares in the company, valued at approximately $2,061,500.02. The trade was a 32.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Antonio F. Neri sold 166,666 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $25.03, for a total value of $4,171,649.98. Following the sale, the chief executive officer owned 1,585,726 shares in the company, valued at approximately $39,690,721.78. The trade was a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 543,738 shares of company stock worth $12,922,932 over the last ninety days. 0.36% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Raymond James Financial increased their target price on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the stock a “strong-buy” rating in a report on Thursday, September 4th. The Goldman Sachs Group upped their price objective on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Barclays upped their price objective on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Wolfe Research started coverage on Hewlett Packard Enterprise in a research report on Tuesday, July 8th. They set a “peer perform” rating for the company. Finally, UBS Group upped their price objective on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $25.50.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.