Hewlett Packard Enterprise (NYSE:HPE) EVP Sells $886,724.28 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Maeve Culloty sold 35,958 shares of Hewlett Packard Enterprise stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total transaction of $886,724.28. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Hewlett Packard Enterprise Stock Up 0.6%

NYSE HPE traded up $0.15 on Monday, reaching $24.02. 32,245,317 shares of the stock traded hands, compared to its average volume of 22,753,463. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The company has a market cap of $31.70 billion, a price-to-earnings ratio of -400.30, a PEG ratio of 0.65 and a beta of 1.34. 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 company has a fifty day moving average price of $23.28 and a 200-day moving average price of $21.92.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The firm had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.91 billion. During the same quarter last year, the company earned $0.58 EPS. The firm’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, research analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The company 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 dividend of $0.1425 per share. The ex-dividend date of this dividend is Friday, December 19th. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 annualized dividend and a dividend yield of 2.4%. Hewlett Packard Enterprise’s payout ratio is currently -950.00%.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Institutional investors and hedge funds have recently modified their holdings of the business. Elliott Investment Management L.P. bought a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $381,004,000. Jericho Capital Asset Management L.P. acquired a new position in Hewlett Packard Enterprise in the 3rd quarter valued at approximately $416,900,000. Assenagon Asset Management S.A. lifted its position in shares of Hewlett Packard Enterprise by 3,847.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 8,831,262 shares of the technology company’s stock worth $180,599,000 after acquiring an additional 8,607,523 shares during the period. Schroder Investment Management Group grew its holdings in shares of Hewlett Packard Enterprise by 192.4% during 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 in the last quarter. Finally, Holocene Advisors LP acquired a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at $144,468,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Analyst Ratings Changes

HPE has been the topic of a number of analyst reports. Morgan Stanley reiterated an “equal weight” rating and set a $25.00 price objective (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research note on Monday, November 17th. Piper Sandler initiated coverage on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price target on the stock. The Goldman Sachs Group upped their price objective on shares of Hewlett Packard Enterprise from $27.00 to $31.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. UBS Group lifted their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Finally, Barclays boosted their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $25.53.

About Hewlett Packard Enterprise

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.