Hewlett Packard Enterprise (NYSE:HPE) Director Sells $689,910.00 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) Director Jean Hobby sold 29,000 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $23.79, for a total value of $689,910.00. Following the sale, the director owned 32,279 shares of the company’s stock, valued at $767,917.41. This represents a 47.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Hewlett Packard Enterprise Trading Down 3.3%

NYSE:HPE opened at $23.73 on Friday. The stock has a market cap of $31.30 billion, a price-to-earnings ratio of -395.35, a price-to-earnings-growth ratio of 0.67 and a beta of 1.34. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $26.44. 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 business’s 50-day simple moving average is $23.28 and its 200 day simple moving average is $21.86.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. During the same period in the previous year, the business earned $0.58 EPS. Hewlett Packard Enterprise’s revenue for the quarter was up 14.7% compared to the same quarter last year. 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, sell-side analysts predict 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 disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be paid a dividend of $0.1425 per share. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. Hewlett Packard Enterprise’s payout ratio is currently -866.67%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HPE. Argus boosted their target price on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday. The Goldman Sachs Group upped their price objective on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Bank of America lifted their target price on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Raymond James Financial upped their price target on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the company a “strong-buy” rating in a research report on Thursday, September 4th. Finally, Piper Sandler initiated coverage on Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $25.53.

Institutional Trading of Hewlett Packard Enterprise

Several hedge funds have recently made changes to their positions in the stock. Shell Asset Management Co. raised its holdings in shares of Hewlett Packard Enterprise by 42.4% during the second quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock valued at $2,388,000 after acquiring an additional 34,801 shares during the period. Strs Ohio acquired a new position in Hewlett Packard Enterprise in the 1st quarter worth approximately $15,663,000. Y Intercept Hong Kong Ltd purchased a new position in Hewlett Packard Enterprise during the 2nd quarter worth approximately $2,522,000. Swiss National Bank grew its position in Hewlett Packard Enterprise by 7.2% during the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock worth $81,315,000 after purchasing an additional 266,600 shares in the last quarter. Finally, MUFG Securities EMEA plc raised its stake in Hewlett Packard Enterprise by 80.3% during the 2nd quarter. MUFG Securities EMEA plc now owns 1,122,999 shares of the technology company’s stock valued at $22,965,000 after purchasing an additional 499,999 shares during the period. 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.