Continuum Advisory LLC Makes New Investment in Hewlett Packard Enterprise Company $HPE

Continuum Advisory LLC bought a new position in Hewlett Packard Enterprise Company (NYSE:HPE) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 28,997 shares of the technology company’s stock, valued at approximately $1,308,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Sax Wealth Advisors LLC grew its stake in Hewlett Packard Enterprise by 2.9% in the 2nd quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock valued at $396,000 after buying an additional 244 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Hewlett Packard Enterprise by 5.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company’s stock worth $324,000 after acquiring an additional 355 shares in the last quarter. Investment Research Partners LLC boosted its holdings in shares of Hewlett Packard Enterprise by 2.0% in the fourth quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock worth $527,000 after acquiring an additional 423 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of Hewlett Packard Enterprise by 4.5% in the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock worth $238,000 after acquiring an additional 429 shares during the period. Finally, Compound Planning Inc. grew its position in shares of Hewlett Packard Enterprise by 2.4% in the first quarter. Compound Planning Inc. now owns 18,951 shares of the technology company’s stock valued at $451,000 after purchasing an additional 446 shares in the last quarter. Institutional investors own 80.78% of the company’s stock.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, SVP Kirt Karros sold 18,785 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Price Performance

NYSE:HPE opened at $54.25 on Friday. The firm has a market capitalization of $71.84 billion, a price-to-earnings ratio of 28.26, a P/E/G ratio of 0.60 and a beta of 1.43. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $64.25. The stock has a fifty day moving average of $49.79 and a 200 day moving average of $37.68. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.75 and a current ratio of 1.09.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.75% and a net margin of 6.60%.The business had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same period in the prior year, the company earned $0.44 EPS. The company’s quarterly 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. On average, research analysts expect that Hewlett Packard Enterprise Company will post 2.92 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 53.27%.

Analysts Set New Price Targets

HPE has been the topic of a number of analyst reports. Morgan Stanley decreased their price objective on Hewlett Packard Enterprise from $69.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday. Barclays lifted their target price on Hewlett Packard Enterprise from $67.00 to $79.00 and gave the company an “overweight” rating in a report on Thursday. Wall Street Zen upgraded Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 30th. Argus increased their price target on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Susquehanna raised their price objective on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Twelve investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and an average price target of $69.44.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: AI-driven earnings beat and higher guidance: HPE reported fiscal Q3 adjusted earnings of $1.11 per share, well above the roughly $0.93-$0.95 consensus, while revenue reached $12.21 billion, up 33.7% year over year and ahead of expectations. Management raised fiscal 2026 EPS guidance to $3.75-$3.85 and projected revenue of $46-$47 billion. HPE Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Demand exceeds available supply: Record AI server orders and backlog, along with strong networking demand, led HPE to lift its fiscal 2027 growth targets. Networking revenue reportedly rose 75% year over year, with routing revenue up sharply, supporting expectations for higher-margin growth. HPE Q3 Earnings Call Highlights AI Demand, Networking Shift
• Positive Sentiment: Oracle partnership expands visibility: HPE and Oracle announced a deeper collaboration to deploy HPE Juniper Networking across Oracle’s AI data centers, potentially creating a sizable, multiyear source of networking demand. HPE and Oracle Deepen Networking Collaboration
• Positive Sentiment: Analyst and trading signals improved: Barclays, Raymond James, Citi and Truist raised their price targets, while traders purchased 178,801 HPE call options—more than triple the average daily volume.
• Neutral Sentiment: HPE will hold a Networking Investor Day on September 30, offering investors additional detail on its strategy and the Juniper portfolio.
• Negative Sentiment: Supply constraints temper the outlook: Shortages of memory, CPUs and other components could limit near-term shipments and pressure margins as AI systems become a larger portion of sales. UBS and Wells Fargo cut their price targets, while Piper Sandler maintained a neutral rating.

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.