Hewlett Packard Enterprise (NYSE:HPE) SVP Sells $1,186,445.70 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) SVP Jeremy Cox sold 50,061 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $23.70, for a total transaction of $1,186,445.70. Following the sale, the senior vice president owned 26,905 shares in the company, valued at $637,648.50. This represents a 65.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jeremy Cox also recently made the following trade(s):

• On Wednesday, December 10th, Jeremy Cox sold 13,442 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $24.75, for a total transaction of $332,689.50.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE traded down $0.83 during midday trading on Thursday, reaching $24.43. 28,124,190 shares of the company’s stock were exchanged, compared to its average volume of 22,585,941. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The company’s 50 day simple moving average is $23.29 and its two-hundred day simple moving average is $21.80. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The firm has a market capitalization of $32.23 billion, a PE ratio of -407.10, a price-to-earnings-growth ratio of 0.68 and a beta of 1.34.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The business 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 0.17% and a return on equity of 9.15%. The firm’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. Equities research analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, December 19th will be given a dividend of $0.1425 per share. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.3%. Hewlett Packard Enterprise’s dividend payout ratio is -866.67%.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its holdings in Hewlett Packard Enterprise by 3.5% in the first quarter. Atria Wealth Solutions Inc. now owns 30,953 shares of the technology company’s stock valued at $479,000 after acquiring an additional 1,057 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in Hewlett Packard Enterprise during the 1st quarter worth about $27,000. SouthState Corp acquired a new position in Hewlett Packard Enterprise during the 1st quarter valued at about $42,000. Public Sector Pension Investment Board boosted its stake in shares of Hewlett Packard Enterprise by 212.2% in the 1st quarter. Public Sector Pension Investment Board now owns 586,496 shares of the technology company’s stock valued at $9,050,000 after purchasing an additional 398,618 shares during the last quarter. Finally, Westpac Banking Corp grew its position in shares of Hewlett Packard Enterprise by 15.7% during the 1st quarter. Westpac Banking Corp now owns 77,526 shares of the technology company’s stock worth $1,196,000 after buying an additional 10,526 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Sanford C. Bernstein initiated coverage on Hewlett Packard Enterprise in a research note on Tuesday, September 16th. They issued a “market perform” rating and a $24.00 price target on the stock. The Goldman Sachs Group lifted their price objective on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Barclays upped their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, October 8th. Finally, Piper Sandler started coverage on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $25.53.

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.