Hewlett Packard Enterprise (NYSE:HPE) Sets New 52-Week High – Should You Buy?

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $70.44 and last traded at $70.1430, with a volume of 1223501 shares. The stock had previously closed at $68.36.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE introduced four ProLiant Gen13 servers powered by AMD’s latest EPYC processors. The systems expand computing, memory, and I/O capabilities for agentic AI, inference, analytics, virtualization, and simulation, reinforcing HPE’s position in enterprise AI infrastructure. HPE Accelerates Enterprise AI Innovation With Next-Generation AMD CPU-Powered Servers
• Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a new direct-liquid-cooling-ready data center. The project is expected to support advanced financial simulations and higher-value financial products, providing evidence of demand for HPE’s high-performance computing and AI capabilities. Mizuho Securities Selects HPE to Accelerate Advanced Financial Simulations and Strengthen AI Readiness
• Positive Sentiment: Analyst sentiment improved, with Morgan Stanley raising its HPE price target after earnings and Daiwa Capital upgrading the stock to outperform. Recent coverage also highlights the Juniper Networks acquisition and its potential to make HPE a stronger networking provider for AI data centers.
• Neutral Sentiment: HPE has gained roughly 40% over the past month and reached a new high, prompting debate over whether investors should take profits or continue buying. The sharp rally raises valuation and near-term profit-taking risks even as earnings estimates remain supportive. Hewlett Packard Enterprise Just Surged 40% in a Month
• Negative Sentiment: CEO Antonio Neri sold 250,000 HPE shares for approximately $17.1 million, reducing his direct holdings by 17.45%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal but may still weigh on sentiment.

Analyst Ratings Changes

Several analysts have issued reports on HPE shares. UBS Group raised their price target on shares of Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a “neutral” rating in a research report on Thursday, October 1st. Wells Fargo & Company increased their target price on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, October 1st. Weiss Ratings raised Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, September 4th. Barclays boosted their price target on Hewlett Packard Enterprise from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Finally, Bank of America upped their price target on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $72.06.

Hewlett Packard Enterprise Stock Up 2.4%

The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The business has a 50-day simple moving average of $57.27 and a two-hundred day simple moving average of $44.41. The stock has a market capitalization of $95.77 billion, a P/E ratio of 37.58, a PEG ratio of 0.63 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the previous year, the company earned $0.44 EPS. The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. Equities research analysts forecast that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be paid a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.8%. Hewlett Packard Enterprise’s payout ratio is 29.69%.

Insider Buying and Selling

In related news, CEO Antonio Neri sold 250,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $68.31, for a total transaction of $17,077,500.00. Following the sale, the chief executive officer directly owned 1,182,393 shares in the company, valued at $80,769,265.83. This represents a 17.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary M. Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the completion of the transaction, the director owned 65,072 shares of the company’s stock, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 551,456 shares of company stock worth $35,271,258 in the last three months. Insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HPE. Delos Wealth Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $27,000. First Bancorp Inc ME bought a new position in Hewlett Packard Enterprise in the 2nd quarter worth approximately $30,000. Transamerica Financial Advisors LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth $37,000. North Point Portfolio Managers Corp OH acquired a new position in Hewlett Packard Enterprise during the 3rd quarter worth $58,000. Finally, SJS Investment Consulting Inc. boosted its position in Hewlett Packard Enterprise by 159.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock valued at $28,000 after buying an additional 716 shares during the last quarter. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.