Hewlett Packard Enterprise (NYSE:HPE) Upgraded to “Strong-Buy” at Truist Financial

Hewlett Packard Enterprise (NYSE:HPE) was upgraded by Truist Financial to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other brokerages have also recently weighed in on HPE. Argus lifted their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Bank of America upped their price objective on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, March 25th. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company a “buy” rating in a report on Wednesday, March 11th. 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. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.76.

Hewlett Packard Enterprise Price Performance

NYSE:HPE opened at $23.79 on Monday. The firm’s fifty day moving average is $22.10 and its two-hundred day moving average is $23.01. The firm has a market cap of $31.57 billion, a price-to-earnings ratio of -125.21, a PEG ratio of 0.58 and a beta of 1.31. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. Hewlett Packard Enterprise has a one year low of $11.97 and a one year high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The company’s revenue was up 18.4% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Research analysts expect that Hewlett Packard Enterprise will post 1.85 EPS for the current year.

Insiders Place Their Bets

In other Hewlett Packard Enterprise news, EVP Neil B. Macdonald sold 112,652 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $25.09, for a total transaction of $2,826,438.68. Following the completion of the transaction, the executive vice president owned 56,494 shares of the company’s stock, valued at $1,417,434.46. This represents a 66.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Fidelma Russo sold 34,001 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at approximately $426,385.08. This trade represents a 66.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 411,085 shares of company stock worth $10,337,582. Corporate insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TFC Financial Management Inc. boosted its stake in Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after purchasing an additional 970 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 176.7% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after buying an additional 666 shares during the last quarter. Chilton Capital Management LLC purchased a new position in shares of Hewlett Packard Enterprise in the third quarter worth about $30,000. Headlands Technologies LLC acquired a new position in Hewlett Packard Enterprise during the second quarter worth about $26,000. Finally, Union Savings Bank acquired a new position in Hewlett Packard Enterprise during the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Trending Headlines about Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE launched a batch of security and AI-infrastructure offerings (AI governance tools, confidential computing, post‑quantum features and edge carrier-grade security) aimed at accelerating enterprise AI adoption — a clear product-led growth catalyst if customers scale deployments. HPE Announces Significant Security Updates
• Positive Sentiment: HPE’s broader security/AI push and new Juniper SRX400 firewall integrations reinforce cross-sell into existing data-center and networking customers, supporting revenue mix improvement and margin leverage over time. HPE Security And AI Push Raises Questions On Value And Growth Potential
• Positive Sentiment: Truist initiated coverage with a Buy and $31 price target — an analyst signal that can attract momentum buyers and supports upside expectations. Truist Initiates Coverage (Benzinga)
• Positive Sentiment: Institutional buying: Ariel Global Fund (Ariel Investments) disclosed a new position in HPE in Q4, indicating fresh institutional interest. Institutional demand can underpin share-price strength if it continues. Ariel Global Fund Initiates Position in HPE
• Neutral Sentiment: Consensus and broker coverage remain constructive but mixed — HPE carries an average “Moderate Buy” from brokerages, which supports the stock but signals varied conviction across sell‑side analysts. Brokerages Rate HPE Moderate Buy
• Neutral Sentiment: Sector dynamics: investor flight from Super Micro (SMCI) after regulatory/indictment headlines is reshuffling AI-infrastructure flows — HPE could benefit indirectly as funds rotate into more stable data-center names, but the impact is partial and not guaranteed. ‘Uninvestable’ Super Micro Sends Investors Racing to the Exits
• Negative Sentiment: Some coverage flags that HPE’s new security/AI offerings raise questions about near‑term value capture and growth sustainability — execution, customer uptake and measurable revenue/EBITDA impact will be watched closely; any disappointment could weigh on the stock. Questions on HPE’s Value and Growth Potential

Hewlett Packard Enterprise Company Profile

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.