Nordea Investment Management AB Purchases 312,698 Shares of Hewlett Packard Enterprise Company $HPE

Nordea Investment Management AB grew its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 4.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,485,650 shares of the technology company’s stock after purchasing an additional 312,698 shares during the quarter. Nordea Investment Management AB’s holdings in Hewlett Packard Enterprise were worth $179,693,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Lake Street Private Wealth LLC boosted its holdings in shares of Hewlett Packard Enterprise by 7.9% in the fourth quarter. Lake Street Private Wealth LLC now owns 9,234 shares of the technology company’s stock worth $222,000 after buying an additional 674 shares during the last quarter. AAFMAA Wealth Management & Trust LLC purchased a new position in shares of Hewlett Packard Enterprise during the 4th quarter worth $763,000. Avior Wealth Management LLC grew its position in shares of Hewlett Packard Enterprise by 84.9% during the 4th quarter. Avior Wealth Management LLC now owns 17,607 shares of the technology company’s stock valued at $423,000 after acquiring an additional 8,084 shares during the period. Catherine Avery Investment Management LLC grew its position in shares of Hewlett Packard Enterprise by 0.9% during the 4th quarter. Catherine Avery Investment Management LLC now owns 172,697 shares of the technology company’s stock valued at $4,148,000 after acquiring an additional 1,589 shares during the period. Finally, Park Avenue Securities LLC increased its stake in shares of Hewlett Packard Enterprise by 5.9% in the 4th quarter. Park Avenue Securities LLC now owns 58,082 shares of the technology company’s stock worth $1,395,000 after purchasing an additional 3,235 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Activity at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 26,457 shares of the business’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $24.49, for a total value of $647,931.93. Following the transaction, the chief executive officer owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. The trade was a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the transaction, the senior vice president owned 18,785 shares of the company’s stock, valued at approximately $462,298.85. This represents a 66.00% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on HPE shares. Morgan Stanley lifted their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 10th. Weiss Ratings restated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research report on Friday, December 26th. Wall Street Zen raised Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Argus lifted their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Citigroup increased their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.50.

Hewlett Packard Enterprise Trading Down 2.0%

Shares of Hewlett Packard Enterprise stock opened at $21.69 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. The company has a fifty day moving average of $21.79 and a 200 day moving average of $23.02. The company has a market capitalization of $28.77 billion, a P/E ratio of -114.14, a P/E/G ratio of 0.55 and a beta of 1.31. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business’s revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 earnings per share. 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. On average, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th will be issued a $0.1425 dividend. The ex-dividend date of this dividend is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 2.6%. Hewlett Packard Enterprise’s payout ratio is currently -300.00%.

About Hewlett Packard Enterprise

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.