Donoghue Forlines LLC Acquires Shares of 88,852 Hewlett Packard Enterprise Company $HPE

Donoghue Forlines LLC bought a new position in shares of Hewlett Packard Enterprise Company (NYSE:HPE) during the third quarter, Holdings Channel reports. The firm bought 88,852 shares of the technology company’s stock, valued at approximately $2,182,000.

Several other institutional investors also recently added to or reduced their stakes in HPE. Spire Wealth Management raised its position in Hewlett Packard Enterprise by 7.1% in the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock worth $164,000 after acquiring an additional 445 shares during the period. TD Waterhouse Canada Inc. increased its stake in shares of Hewlett Packard Enterprise by 11.1% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock worth $100,000 after purchasing an additional 489 shares during the last quarter. Trust Co. of Vermont raised its holdings in shares of Hewlett Packard Enterprise by 6.4% in the 3rd quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock worth $217,000 after purchasing an additional 533 shares during the period. Caldwell Trust Co lifted its stake in Hewlett Packard Enterprise by 64.4% in the third quarter. Caldwell Trust Co now owns 1,526 shares of the technology company’s stock valued at $37,000 after purchasing an additional 598 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its holdings in Hewlett Packard Enterprise by 3.5% during the second quarter. J.W. Cole Advisors Inc. now owns 17,846 shares of the technology company’s stock valued at $365,000 after purchasing an additional 600 shares during the period. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Trading Down 2.3%

Shares of HPE stock opened at $21.45 on Friday. The business has a 50-day moving average price of $22.97 and a two-hundred day moving average price of $22.82. Hewlett Packard Enterprise Company has a 12-month low of $11.97 and a 12-month high of $26.44. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. The firm has a market cap of $28.63 billion, a P/E ratio of -357.44, a price-to-earnings-growth ratio of 0.59 and a beta of 1.32.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The company had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.Hewlett Packard Enterprise’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Equities analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, December 19th were paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.7%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s payout ratio is -950.00%.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, SVP Kirt P. Karros sold 36,460 shares of the stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the sale, the senior vice president owned 18,785 shares of the company’s stock, valued at $462,298.85. This represents a 66.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Antonio F. Neri sold 26,457 shares of the business’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the transaction, the chief executive officer owned 2,101,761 shares in the company, valued at $51,472,126.89. The trade was a 1.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 585,537 shares of company stock worth $14,255,864 in the last 90 days. 0.36% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on HPE shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Friday, December 26th. Argus raised their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Piper Sandler started coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target for the company. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Citigroup upped their price target on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $25.53.

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.