Short Interest in Hewlett Packard Enterprise Company (NYSE:HPE) Increases By 26.3%

Hewlett Packard Enterprise Company (NYSE:HPE) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 85,937,917 shares, a growth of 26.3% from the December 15th total of 68,068,856 shares. Approximately 6.5% of the shares of the company are sold short. Based on an average daily volume of 18,857,330 shares, the days-to-cover ratio is currently 4.6 days. Based on an average daily volume of 18,857,330 shares, the days-to-cover ratio is currently 4.6 days. Approximately 6.5% of the shares of the company are sold short.

Hewlett Packard Enterprise Price Performance

Shares of Hewlett Packard Enterprise stock traded down $0.50 during trading on Monday, hitting $21.45. 15,536,987 shares of the stock traded hands, compared to its average volume of 14,079,442. The stock has a market cap of $28.63 billion, a price-to-earnings ratio of -357.44, a PEG ratio of 0.59 and a beta of 1.32. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. Hewlett Packard Enterprise has a 52 week low of $11.97 and a 52 week high of $26.44. The firm’s fifty day moving average is $22.92 and its 200-day moving average is $22.84.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share 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 company had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. During the same period in the prior year, the business posted $0.58 EPS. Hewlett Packard Enterprise’s quarterly revenue 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. Research analysts expect that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were issued a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 2.7%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s dividend payout ratio is presently -950.00%.

Insiders Place Their Bets

In related news, SVP Kirt P. Karros sold 36,460 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the completion of the sale, the senior vice president directly owned 18,785 shares in the company, valued at $462,298.85. This represents a 66.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Fidelma Russo sold 126,512 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the completion of the sale, the executive vice president owned 51,002 shares in the company, valued at approximately $1,255,159.22. The trade was a 71.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 585,537 shares of company stock valued at $14,255,864 in the last three months. Insiders own 0.36% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

Large investors have recently made changes to their positions in the stock. Elliott Investment Management L.P. bought a new position in Hewlett Packard Enterprise during the second quarter valued at $381,004,000. Jericho Capital Asset Management L.P. purchased a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth about $416,900,000. Assenagon Asset Management S.A. grew its holdings in Hewlett Packard Enterprise by 3,847.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 8,831,262 shares of the technology company’s stock valued at $180,599,000 after purchasing an additional 8,607,523 shares during the last quarter. Schroder Investment Management Group raised its position in Hewlett Packard Enterprise by 192.4% in the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after purchasing an additional 6,974,083 shares during the period. Finally, Holocene Advisors LP bought a new stake in Hewlett Packard Enterprise in the third quarter worth about $144,468,000. 80.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. Argus raised their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. The Goldman Sachs Group began coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They set a “buy” rating and a $31.00 price target for the company. Citigroup upped their price objective on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, UBS Group boosted their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $25.53.

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.