Sterling Capital Management 13F: Adds $6.5M to HPE Stake

Sterling Capital Management increased its holdings in Hewlett Packard Enterprise Company [HPE] by 142.8%, lifting its position to 173,261 shares in a filing on October 22, 2026. The firm added 101,909 shares during the period, bringing the total value of its stake to approximately $11.1 million.

HPE Hewlett Packard Enterprise Company

$56.69 ▲ +137.40% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Sterling Capital Management's Hewlett Packard Enterprise Position

Prior to the filing, Sterling Capital Management held 71,352 shares of the tech company. The addition of 101,909 shares marks a 142.8% increase for the portfolio, placing the ending value at $11,069,645 based on the reported terms.

Other Institutional Activity in Hewlett Packard Enterprise

Other major fund managers also adjusted their exposure to the technology firm. Generate Investment Management held 302,705 shares worth about $19.3 million. Meanwhile, Elliott Investment Management L.P. grew its holdings by 4,850,806 shares, ending with 32,271,985 shares valued at about $1.83 billion.

Hewlett Packard Enterprise Company Stock Down 2.5%

Hewlett Packard Enterprise Company recently traded around $56.70 as of October 24, 2026, sitting above its 200-day moving average of $39.69. On the filing date of October 22, 2026, the stock closed at $55.47.

Recent Earnings

For its recent operational period, the enterprise hardware and software provider reported trailing-twelve-month revenue of $41.87 billion and earnings of $1.94 per share. The company delivered a net profit margin of 6.7% and a return on equity of 10.9%. The next quarterly financial update is slated for December 3, 2026.

Dividend

The company distributes an annual dividend rate of $0.57 per share, translating to a dividend yield of 1.03%. The payout ratio stands at 28.7% of earnings.

Insider Buying and Selling at Hewlett Packard Enterprise Company

Company insiders executed multiple transactions ahead of the filing date. Director Gary M Reiner sold 17,000 shares on September 14, 2026, at an average price of $56.91 for a total value of $967,429. Officer Rami Rahim sold 34,456 shares on September 29, 2026, at $61.42 per share, totaling $2.12 million. Chief Executive Officer Antonio F Neri sold 250,000 shares on October 5, 2026, at $68.31 per share for a total value of $17.08 million. Additionally, Rami Rahim sold 34,443 shares on October 21, 2026, at $58.04 per share under a planned transaction, totaling nearly $2 million.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through October. On October 1, 2026, Citigroup maintained its Buy rating and raised its target from $76.00 to $92.00. Morgan Stanley maintained an Overweight rating and lifted its target from $67.00 to $72.00 on the same day. Evercore ISI Group maintained an In-Line rating with a target moving from $65.00 to $67.00. On October 2, 2026, Daiwa Capital upgraded the stock to Outperform with a $75.00 target. Barclays downgraded the stock to Equal-Weight on October 14, 2026, adjusting its target from $83.00 to $77.00. Across 21 analyst opinions, the consensus recommendation stands at buy with a mean target price of $71.74.

About Hewlett Packard Enterprise

Based in Spring, Texas, Hewlett Packard Enterprise Company develops server, hybrid cloud, networking, and financial solutions for enterprise customers globally. The company employs about 67,000 people and focuses on intelligent technology infrastructure and edge-to-cloud platforms.

Bottom Line

Institutional investors continue to adjust large positions in the technology provider alongside active insider transactions. Investors will look toward the upcoming earnings release on December 3, 2026, for further updates on segment growth and profitability margins.