Hewlett Packard Enterprise (NYSE:HPE) CEO Antonio Neri Sells 26,457 Shares of Stock

Hewlett Packard Enterprise Company (NYSE:HPE) CEO Antonio Neri sold 26,457 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $24.49, for a total transaction of $647,931.93. Following the completion of the sale, the chief executive officer owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE:HPE traded down $0.24 during midday trading on Tuesday, reaching $24.10. The company had a trading volume of 9,148,947 shares, compared to its average volume of 22,627,531. The stock has a market cap of $32.16 billion, a P/E ratio of -401.52, a P/E/G ratio of 0.67 and a beta of 1.34. The company’s 50 day moving average price is $23.23 and its 200 day moving average price is $22.42. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating 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 business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. During the same quarter in the prior year, the business earned $0.58 earnings per share. Hewlett Packard Enterprise’s revenue for the quarter was up 14.7% on a year-over-year basis. 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 anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, December 19th will be paid a $0.1425 dividend. The ex-dividend date is Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -950.00%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Citigroup increased their price objective on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Susquehanna lifted their price target on Hewlett Packard Enterprise from $16.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, September 4th. UBS Group upped their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Piper Sandler started coverage on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 target price for the company. Finally, Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, Hewlett Packard Enterprise presently has an average rating of “Hold” and an average target price of $25.53.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Mcintyre Freedman & Flynn Investment Advisers Inc. increased its stake in Hewlett Packard Enterprise by 743.7% in the 2nd quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after buying an additional 135,725 shares in the last quarter. Caxton Associates LLP boosted its stake in shares of Hewlett Packard Enterprise by 106.8% in the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock worth $3,661,000 after acquiring an additional 92,438 shares during the period. Shell Asset Management Co. grew its position 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 worth $2,388,000 after purchasing an additional 34,801 shares in the last quarter. Strs Ohio purchased a new stake in Hewlett Packard Enterprise in the 1st quarter worth $15,663,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Hewlett Packard Enterprise in the second quarter valued at $2,522,000. 80.78% of the stock is currently owned by institutional investors.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.