Hewlett Packard
About: Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
Employees: 62,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more call options, than puts
Call options by funds: $629M | Put options by funds: $400M
37% more repeat investments, than reductions
Existing positions increased: 396 | Existing positions reduced: 289
25% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 107
3% more funds holding
Funds holding: 960 [Q2] → 987 (+27) [Q3]
0.41% more ownership
Funds ownership: 81.8% [Q2] → 82.21% (+0.41%) [Q3]
3% less capital invested
Capital invested by funds: $22.5B [Q2] → $21.9B (-$641M) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Citigroup Asiya Merchant 41% 1-year accuracy 7 / 17 met price target | 6%upside $23 | Neutral Maintained | 19 Nov 2024 |
Raymond James Simon Leopold 61% 1-year accuracy 17 / 28 met price target | 33%upside $29 | Strong Buy Upgraded | 18 Nov 2024 |
Susquehanna Mehdi Hosseini 50% 1-year accuracy 15 / 30 met price target | 8%downside $20 | Neutral Maintained | 11 Oct 2024 |
Deutsche Bank Matt Niknam 0 / 0 met price target | 1%upside $22 | Hold Initiated | 9 Oct 2024 |
Barclays Tim Long 58% 1-year accuracy 29 / 50 met price target | 10%upside $24 | Overweight Upgraded | 25 Sept 2024 |
Financial journalist opinion
Based on 20 articles about HPE published over the past 30 days
