9,855 Hewlett Packard Enterprise Company $HPE Shares Sold by Kendall Capital Management

Kendall Capital Management lessened its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 4.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 224,570 shares of the technology company’s stock after selling 9,855 shares during the quarter. Hewlett Packard Enterprise makes up about 2.4% of Kendall Capital Management’s holdings, making the stock its 10th largest position. Kendall Capital Management’s holdings in Hewlett Packard Enterprise were worth $14,348,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Hewlett Packard Enterprise during the 2nd quarter valued at $1,027,139,000. Primecap Management Co. CA bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth $773,225,000. Legal & General Group Plc purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $512,721,000. Elliott Investment Management L.P. raised its holdings in shares of Hewlett Packard Enterprise by 47.2% in the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after purchasing an additional 8,790,757 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $322,718,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Trading Up 2.3%

NYSE HPE opened at $56.73 on Friday. The business’s fifty day moving average is $59.26 and its 200-day moving average is $47.46. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The stock has a market capitalization of $75.30 billion, a price-to-earnings ratio of 29.54, a PEG ratio of 0.51 and a beta of 1.39. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the prior year, the business earned $0.44 earnings per share. The firm’s revenue for the quarter was up 33.7% on a year-over-year basis. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. Equities research analysts predict that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were paid a dividend of $0.1425 per share. The ex-dividend date was Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HPE. Citigroup boosted their price target on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. Raymond James Financial increased their price objective on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. The Goldman Sachs Group lifted their target price on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Argus restated a “buy” rating and issued a $70.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Finally, Piper Sandler boosted their target price on Hewlett Packard Enterprise from $57.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.44.

Insider Transactions at Hewlett Packard Enterprise

In related news, Director Gary M. Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the sale, the director owned 65,072 shares of the company’s stock, valued at approximately $3,703,247.52. The trade was a 20.71% 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 Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the completion of the sale, the chief executive officer directly owned 1,182,393 shares in the company, valued at $80,769,265.83. This trade represents a 17.45% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 585,899 shares of company stock worth $37,270,329 in the last quarter. Insiders own 0.44% of the company’s stock.

Key Headlines Impacting Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: Expanded NVIDIA AI relationship supports growth narrative. HPE updated its AI Factory offerings with NVIDIA to provide more secure deployment, governance and operational controls for regulated industries. The companies also announced collaboration with Schneider Electric on industrial AI agents, potentially broadening HPE’s private-cloud AI opportunity. HPE teams with Nvidia to enhance secure AI deployment Schneider Electric, NVIDIA and HPE strategic collaboration
• Positive Sentiment: HPE outperformed other AI-server stocks. HPE rose more than several peers as investors responded to its AI infrastructure announcements and an upbeat outlook from Super Micro, reinforcing expectations for robust server demand. HPE climbs while AI server peers lag
• Positive Sentiment: Value-oriented support remains. Zacks characterized HPE as a strong value stock, which may attract investors seeking exposure to AI infrastructure at a valuation viewed as more reasonable than some higher-growth technology names. Why HPE is a strong value stock
• Neutral Sentiment: Insider selling was disclosed. EVP Rami Rahim sold approximately $2.0 million of HPE shares, reducing his direct holdings by 3.94%. Because the transaction occurred under a Rule 10b5-1 plan, it may carry less negative signaling value than discretionary selling. SEC insider transaction filing
• Neutral Sentiment: Security remediation highlights product risk and responsiveness. HPE patched eight critical AOS vulnerabilities involving remote code execution and authentication bypass. The fixes reduce customer exposure, although the severity of the flaws could increase scrutiny of HPE security products. HPE patches critical AOS vulnerabilities
• Negative Sentiment: Barclays lowered its HPE price target from $83 to $77. Although the revised target remains above the current trading level, the reduction signals more cautious expectations for valuation or near-term upside. Barclays cuts HPE price target

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.