Hewlett Packard Enterprise Company $HPE Stock Acquired by Lido Advisors LLC

Lido Advisors LLC lifted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 36.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 114,683 shares of the technology company’s stock after buying an additional 30,451 shares during the period. Lido Advisors LLC’s holdings in Hewlett Packard Enterprise were worth $7,327,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in HPE. Keybank National Association OH increased its holdings in shares of Hewlett Packard Enterprise by 6.1% in the third quarter. Keybank National Association OH now owns 35,707 shares of the technology company’s stock valued at $2,281,000 after purchasing an additional 2,061 shares during the period. New York Life Investment Management LLC raised its stake in shares of Hewlett Packard Enterprise by 0.8% during the third quarter. New York Life Investment Management LLC now owns 198,626 shares of the technology company’s stock worth $12,690,000 after purchasing an additional 1,553 shares during the last quarter. Gen Wealth Partners Inc lifted its holdings in shares of Hewlett Packard Enterprise by 56.3% during the third quarter. Gen Wealth Partners Inc now owns 6,429 shares of the technology company’s stock worth $411,000 after purchasing an additional 2,316 shares during the period. 71 West Capital Partners lifted its holdings in shares of Hewlett Packard Enterprise by 6.9% during the third quarter. 71 West Capital Partners now owns 9,757 shares of the technology company’s stock worth $623,000 after purchasing an additional 631 shares during the period. Finally, Gryphon Financial Partners LLC lifted its holdings in shares of Hewlett Packard Enterprise by 4.3% during the third quarter. Gryphon Financial Partners LLC now owns 6,881 shares of the technology company’s stock worth $440,000 after purchasing an additional 283 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HPE shares. Barclays lowered shares of Hewlett Packard Enterprise from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $83.00 to $77.00 in a research report on Wednesday, October 14th. Deutsche Bank started coverage on shares of Hewlett Packard Enterprise in a research report on Tuesday, September 1st. They set a “buy” rating and a $62.00 price objective for the company. Morgan Stanley raised their target price on shares of Hewlett Packard Enterprise from $67.00 to $72.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. JPMorgan Chase & Co. lifted their target price on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a report on Tuesday, August 25th. Finally, Raymond James Financial boosted their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.44.

Hewlett Packard Enterprise Trading Down 0.2%

Shares of HPE stock opened at $50.15 on Friday. The business’s fifty day moving average price is $58.97 and its 200 day moving average price is $41.94. Hewlett Packard Enterprise Company has a 1-year low of $19.84 and a 1-year high of $73.56. The firm has a market capitalization of $66.57 billion, a PE ratio of 26.12, a P/E/G ratio of 0.33 and a beta of 1.46. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The firm had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same quarter in the prior year, the business posted $0.44 earnings per share. Hewlett Packard Enterprise’s revenue was up 33.7% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 3.35 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

More Hewlett Packard Enterprise News

Investors following HPE have been watching these news items:

• Positive Sentiment: A new HPE Private Cloud and GreenLake deployment for the Royal Australasian College of Surgeons is expected to deliver about A$2.1 million in savings over five years, offering a concrete example of customer value and recurring-services potential. Article: HPE wins clients with projected savings
• Positive Sentiment: HPE’s AI, networking and hybrid-cloud businesses provide multiple potential growth engines as AI spending patterns evolve, though sustained growth will depend on converting demand into earnings. Article: Can HPE sustain growth amid evolving AI market dynamics?
• Negative Sentiment: Technical coverage describes bearish pressure, soft momentum and a test of support. The supplied trading data also places HPE below its 50-day moving average, suggesting near-term price weakness despite remaining above its 200-day average. Article: Bearish pressure tests support as momentum stays soft

Insider Activity

In related news, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the sale, the director owned 65,072 shares in the company, valued at $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Rami Rahim sold 34,456 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the completion of the sale, the executive vice president owned 875,133 shares of the company’s stock, valued at $53,750,668.86. This trade represents a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 585,899 shares of company stock worth $37,270,329 in the last 90 days. 0.44% of the stock is currently owned by corporate insiders.

Hewlett Packard Enterprise Profile

Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing. HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.