Assenagon Asset Management S.A. Reduces Holdings in Hewlett Packard Enterprise Company $HPE

Assenagon Asset Management S.A. decreased its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 79.3% during the fourth quarter, HoldingsChannel reports. The firm owned 729,568 shares of the technology company’s stock after selling 2,797,898 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Hewlett Packard Enterprise were worth $17,524,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of HPE. Elliott Investment Management L.P. purchased a new stake in Hewlett Packard Enterprise in the second quarter worth about $381,004,000. Jericho Capital Asset Management L.P. purchased a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $416,900,000. Schroder Investment Management Group raised its position in shares of Hewlett Packard Enterprise by 192.4% in the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after acquiring an additional 6,974,083 shares in the last quarter. Holocene Advisors LP purchased a new position in shares of Hewlett Packard Enterprise in the 3rd quarter valued at approximately $144,468,000. Finally, Norges Bank purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $110,093,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In other news, CEO Antonio F. Neri sold 26,457 shares of the company’s stock in a transaction that occurred 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 in the company, valued at approximately $51,472,126.89. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HPE shares. Citigroup upped their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Bank of America upped their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Argus increased their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Finally, Wall Street Zen raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. One investment 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $26.50.

Hewlett Packard Enterprise News Summary

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

• Positive Sentiment: UK court ordered the estate of Autonomy founder Mike Lynch to pay £920m to HPE — a sizeable legal victory that clears a long-running dispute and should improve HPE’s cash/claims position. Estate of Mike Lynch ordered to pay £920m to Hewlett Packard Enterprise
• Positive Sentiment: HPE rolled out sweeping security advancements aimed at accelerating AI adoption and enterprise resilience — news that triggered earlier buying and supports the company’s AI go-to-market narrative. Why Is Hewlett Packard Enterprise (HPE) Stock Soaring Today
• Positive Sentiment: HPE announced the HPE AI Grid (NVIDIA reference architecture) — a strategic product push into distributed AI inference that could drive hardware and services revenue if adoption scales. Why Is Hewlett Packard Enterprise (HPE) One of the Best Undervalued Stocks Under $50 to Invest In Now?
• Positive Sentiment: Technicals: HPE recently broke above its 200-day moving average — a common signal that can attract momentum investors and institutional buyers. Hewlett Packard Enterprise (HPE) Recently Broke Out Above the 200-Day Moving Average
• Positive Sentiment: Unusual options activity: heavy call buying (≈43,370 calls) signaled bullish speculative interest and may have amplified intraday moves. (Options volume report)
• Positive Sentiment: Dividend-related buying: recent run-up included inflows from investors positioning to qualify for the quarterly dividend, which can temporarily lift the share price. Hewlett Packard (HPE) Climbs 7.77% Ahead of Dividends
• Neutral Sentiment: Broader market context: small-caps and tech led gains in the market earlier, which helped HPE’s sector, but macro moves can quickly reverse. Stock Market Today: Small Caps, Techs Lead Gains; This Nuclear Play Breaks Out But Micron Sinks (Live Coverage)
• Neutral Sentiment: Coverage pieces and watchlists label HPE as undervalued or a solid S&P name — helpful for investor interest but not an immediate catalyst. 1 S&P 500 Stock with Solid Fundamentals and 2 We Ignore
• Neutral Sentiment: Industry recognition (broadband awards) and sector reports provide background credibility but are not direct earnings drivers. Industry Innovators Celebrated for Integral Services-Led Broadband Contributions
• Negative Sentiment: Regulatory/transaction risk: HPE is reported to be struggling with an asset sale required in an antitrust deal — execution delays or unfavorable divestiture terms could weigh on near-term multiples and investor confidence. Hewlett Packard struggles with asset sale required in antitrust deal

Hewlett Packard Enterprise Trading Down 2.8%

Hewlett Packard Enterprise stock opened at $25.06 on Friday. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The company has a market capitalization of $33.25 billion, a price-to-earnings ratio of -131.89, a price-to-earnings-growth ratio of 0.66 and a beta of 1.31. The business’s fifty day simple moving average is $21.96 and its two-hundred day simple moving average is $23.05. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. The firm had revenue of $9.30 billion during 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 company’s revenue was up 18.4% on a year-over-year basis. During the same period last year, the company 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. As a group, equities analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, March 24th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) 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.