Resona Asset Management Co. Ltd. Reduces Holdings in Hewlett Packard Enterprise Company $HPE

Resona Asset Management Co. Ltd. trimmed its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 418,663 shares of the technology company’s stock after selling 28,475 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Hewlett Packard Enterprise were worth $10,079,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC lifted its position in Hewlett Packard Enterprise by 176.7% during the 3rd 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 period. Chilton Capital Management LLC purchased a new position in Hewlett Packard Enterprise during the 3rd quarter valued at about $30,000. Headlands Technologies LLC purchased a new position in Hewlett Packard Enterprise during the 2nd quarter valued at about $26,000. Clearstead Trust LLC lifted its position in Hewlett Packard Enterprise by 93.8% during the 3rd 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 period. Finally, Thompson Investment Management Inc. purchased a new position in Hewlett Packard Enterprise during the 4th quarter valued at about $34,000. 80.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hewlett Packard Enterprise

In other news, CFO Marie Myers sold 93,583 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total value of $2,808,425.83. Following the completion of the sale, the chief financial officer directly owned 204,754 shares in the company, valued at $6,144,667.54. The trade was a 31.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Fidelma Russo sold 17,001 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $27.97, for a total transaction of $475,517.97. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 702,402 shares of company stock valued at $18,440,171. Company insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

HPE has been the subject of a number of recent research reports. Wall Street Zen cut shares of Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Raymond James Financial restated an “outperform” rating and set a $29.00 price objective (down from $30.00) on shares of Hewlett Packard Enterprise in a research note on Monday, April 13th. Citigroup raised their price objective on shares of Hewlett Packard Enterprise from $27.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, March 25th. Finally, Morgan Stanley raised their price objective on shares of Hewlett Packard Enterprise from $25.00 to $33.00 and gave the company an “equal weight” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.88.

Hewlett Packard Enterprise Stock Up 0.4%

NYSE:HPE opened at $33.95 on Friday. The firm has a market cap of $45.05 billion, a P/E ratio of -178.68, a P/E/G ratio of 0.87 and a beta of 1.28. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. Hewlett Packard Enterprise Company has a fifty-two week low of $17.02 and a fifty-two week high of $34.69. The firm has a 50-day simple moving average of $26.68 and a two-hundred day simple moving average of $24.00.

Hewlett Packard Enterprise (NYSE:HPE) last released 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 business had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. Hewlett Packard Enterprise’s revenue was up 18.4% compared to the same quarter last year. During the same period last year, the business earned $0.49 EPS. 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 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were paid a $0.1425 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.7%. Hewlett Packard Enterprise’s payout ratio is currently -300.00%.

Hewlett Packard Enterprise Company 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.