Hewlett Packard Enterprise Company $HPE Shares Sold by Howard Capital Management LLC

by · The Cerbat Gem

Howard Capital Management LLC lessened its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE – Free Report) by 96.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,650 shares of the technology company’s stock after selling 238,561 shares during the period. Howard Capital Management LLC’s holdings in Hewlett Packard Enterprise were worth $553,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Hewlett Packard Enterprise during the 2nd quarter worth about $1,027,139,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $773,225,000. Legal & General Group Plc acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $512,721,000. Elliott Investment Management L.P. lifted its holdings in shares of Hewlett Packard Enterprise by 47.2% in the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after purchasing an additional 8,790,757 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $322,718,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE opened at $55.32 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The stock has a 50 day moving average price of $59.34 and a 200 day moving average price of $46.33. The stock has a market capitalization of $73.44 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of 0.49 and a beta of 1.39. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The firm had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the previous year, the firm earned $0.44 EPS. The business’s quarterly revenue was up 33.7% on a year-over-year basis. 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. Analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were paid a $0.1425 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 annualized dividend and a dividend yield of 1.0%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

Trending Headlines about Hewlett Packard Enterprise

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

  • Positive Sentiment: HPE announced a planned $75 million expansion in Chippewa Falls, Wisconsin, expected to create 75 jobs. The investment supports the company’s manufacturing and infrastructure operations, although its near-term effect on earnings is likely limited. HPE to spend $75M to expand, add 75 jobs in Chippewa Falls
  • Positive Sentiment: Some investors remain constructive because HPE has reported record revenue, orders and backlog, while demand for traditional servers, AI systems and networking—and higher server prices—has supported recent results. HPE stock was also reported to be up substantially for the year before the latest retreat. What Was HPE Telling You Before Its Stock Ran?
  • Neutral Sentiment: ETF selling added to short-term pressure, while some dip buyers are betting that HPE can convert its AI and server orders into revenue. However, the recent decline has raised questions about whether earlier dip-buying strategies will continue to work. ETFs Are Net Sellers of Hewlett Packard Enterprise
  • Negative Sentiment: Barclays downgraded HPE to Equal Weight from Overweight and lowered its price target to $77 from $83. The firm questioned how quickly corporate customers will adopt AI hardware and suggested that memory-component inflation, rather than new AI deployments, may be driving server revenue growth. Why Hewlett Packard Enterprise Stock Is Trading Lower Today
  • Negative Sentiment: Concerns over how customers will finance large AI infrastructure projects have spread across hardware stocks, including HPE, Dell and Super Micro. The resulting sector-wide selling, combined with scrutiny of HPE’s server revenue quality and adoption timeline, drove a roughly 20% decline between October 9 and October 15. AI Financing Worries Extend Hardware Selloff

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HPE shares. Citigroup increased their price objective on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. The Goldman Sachs Group lifted their target price on Hewlett Packard Enterprise from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. UBS Group boosted their target price on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the company a “neutral” rating in a research note on Thursday, October 1st. JPMorgan Chase & Co. lifted their price target on shares of Hewlett Packard Enterprise from $68.00 to $70.00 in a research note on Tuesday, August 25th. Finally, Raymond James Financial boosted their price target on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $65.44.

Get Our Latest Analysis on Hewlett Packard Enterprise

Insider Activity at Hewlett Packard Enterprise

In related news, CEO Antonio Neri sold 250,000 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the transaction, the chief executive officer directly owned 1,432,393 shares in the company, valued at approximately $86,573,832.92. The trade was a 14.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of the company’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the sale, the executive vice president directly owned 875,133 shares in the company, valued at $53,750,668.86. This trade represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 551,456 shares of company stock valued at $35,271,258. 0.44% of the stock is owned by corporate insiders.

Hewlett Packard Enterprise Profile

(Free Report)

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE’s portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.

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