Hewlett Packard Enterprise, or HPE, is positioned for growth despite current challenges in IT infrastructure. The company’s focus on AI hardware is expected to drive growth in AI servers, traditional servers, storage, and networking as businesses upgrade their systems for AI and machine learning. HPE’s recent earnings report showed strength in AI infrastructure and hybrid … Read more
Hewlett Packard Enterprise’s Aruba Networking has been a popular choice among its customers, with Blue Diamond Growers recently switching to the solution. Blue Diamond has installed HPE Aruba Networking Wi-Fi 6E and Wi-Fi 6 access points to improve connectivity across its facilities. Other customers that have adopted Aruba Networking in 2024 include the city of … Read more
Investment firm TCW Group Inc. acquired a new stake in Hewlett Packard Enterprise (HPE) during the fourth quarter, purchasing 20,277 shares of the technology company’s stock valued at approximately $348,000. Other institutional investors also made changes to their holdings of HPE, with Nomura Asset Management Co. Ltd., Corient Private Wealth LLC, NBC Securities Inc., Ieq … Read more
In the fourth quarter, Janney Montgomery Scott LLC reduced its stake in Hewlett Packard Enterprise (HPE) by 11%, selling 16,038 shares and owning 129,355 shares worth $2,196,000. Other hedge funds also adjusted their positions in HPE, with 80.78% of the shares owned by institutional investors. Senior vice president Jeremy Cox sold 18,323 shares of HPE … Read more
Hewlett Packard Enterprise’s shares experienced a separation before trading on Thursday, opening at $18.85 after closing at $18.15. The shares were last traded at $18.35 with a volume of 3,091,741 shares changing hands. Analysts have varied in their opinions on the company, with Barclays lowering their price target to $14.00, StockNews.com downgrading the stock from … Read more
HCLTech has entered into a strategic partnership with Hewlett Packard Enterprise (HPE) in order to enhance its presence in the telecom services market. This collaboration involves the acquisition of certain assets of HPE’s Communications Technology Group (CTG) by HCLTech. As a result of this agreement, HCLTech will gain access to valuable intellectual property, top-notch research … Read more
Hewlett Packard Enterprise (HPE) shares on the New York Stock Exchange have received a consensus rating of “Hold” from ten brokerages covering the stock. Seven analysts rated the stock as hold, while three issued a buy rating. The average 12-month price target for HPE among brokers who covered the stock in the last year is … Read more
Principal Securities Inc. recently acquired 3,384 shares of Hewlett Packard Enterprise in the fourth quarter, as reported in their Form 13F filing with the SEC. The value of this investment was approximately $57,000. Other hedge funds and institutional investors also made changes to their positions in the technology company. For example, Morgan Stanley, Northern Trust … Read more
Hewlett Packard Enterprise (HPE) shares experienced a slight increase before the market opened on Thursday, opening at $18.85 compared to the previous close of $18.15. The stock traded at $18.35 with a volume of 3,091,741 shares. Several research analyst reports have been issued regarding HPE. Stifel Nicolaus lowered their price target from $20.00 to $18.00 … Read more
In a recent development, HCL Technologies has acquired Communications Technology Group (CTG), a division of Hewlett Packard Enterprise (HPE), for 225 million dollars. This strategic move aims to enhance HCLTech’s presence in the telecommunications sector by acquiring talent in intellectual property, engineering, research and development, and relationships with prominent communication service providers (CSPs). As part … Read more