Hewlett Packard Enterprise Company (NYSE:HPE) to Issue Dividend Increase – $0.14 Per Share

Hewlett Packard Enterprise Company (NYSE:HPE) announced a quarterly dividend on Thursday, December 4th. Shareholders of record on Friday, December 19th will be given a dividend of 0.1425 per share by the technology company on Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, December 19th. This is a 9.6% increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13.

Hewlett Packard Enterprise has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years. Hewlett Packard Enterprise has a payout ratio of 25.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Hewlett Packard Enterprise to earn $2.02 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 25.7%.

Hewlett Packard Enterprise Trading Up 2.9%

Shares of NYSE HPE opened at $22.91 on Friday. The firm has a 50 day moving average price of $23.30 and a two-hundred day moving average price of $21.58. The stock has a market cap of $30.22 billion, a P/E ratio of 27.93, a price-to-earnings-growth ratio of 0.90 and a beta of 1.34. Hewlett Packard Enterprise has a 52-week low of $11.97 and a 52-week high of $26.44. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.69 and a current ratio of 0.95.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. The company had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a net margin of 3.77% and a return on equity of 9.01%. Hewlett Packard Enterprise’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, equities analysts forecast that Hewlett Packard Enterprise will post 1.85 EPS for the current year.

Insider Buying and Selling

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 166,666 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $25.03, for a total value of $4,171,649.98. Following the completion of the sale, the chief executive officer directly owned 1,585,726 shares in the company, valued at approximately $39,690,721.78. This trade represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Maeve C. Culloty sold 3,738 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $25.12, for a total transaction of $93,898.56. The SEC filing for this sale provides additional information. Insiders have sold a total of 210,404 shares of company stock valued at $5,248,749 over the last ninety days. 0.36% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP lifted its holdings in shares of Hewlett Packard Enterprise by 5.6% in the 3rd quarter. Allworth Financial LP now owns 54,213 shares of the technology company’s stock worth $1,331,000 after purchasing an additional 2,858 shares in the last quarter. Swiss Life Asset Management Ltd boosted its holdings in Hewlett Packard Enterprise by 18.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 252,471 shares of the technology company’s stock worth $6,201,000 after acquiring an additional 39,487 shares during the last quarter. Groupama Asset Managment bought a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter worth $574,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at about $14,256,000. Finally, Investment Research Partners LLC bought a new position in shares of Hewlett Packard Enterprise during the third quarter valued at about $522,000. Institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.