Analysts Set Hewlett Packard Enterprise Company (NYSE:HPE) Target Price at $25.53

Hewlett Packard Enterprise Company (NYSE:HPE) has earned a consensus recommendation of “Hold” from the twenty-two brokerages that are currently covering the stock, MarketBeat Ratings reports. Thirteen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $25.5294.

Several research firms recently weighed in on HPE. Barclays raised their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Argus increased their price objective on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Citigroup raised their price objective on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, UBS Group raised their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 16th.

Insider Activity at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, EVP Fidelma Russo sold 126,512 shares of the stock in a transaction 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 transaction, the executive vice president owned 51,002 shares in the company, valued at $1,255,159.22. This trade represents a 71.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction dated 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 owned 18,785 shares in the company, valued at approximately $462,298.85. This trade represents a 66.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 585,537 shares of company stock valued at $14,255,864 over the last quarter. 0.36% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Hewlett Packard Enterprise by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 171,140,995 shares of the technology company’s stock valued at $4,203,223,000 after purchasing an additional 1,336,940 shares during the last quarter. Geode Capital Management LLC boosted its stake in Hewlett Packard Enterprise by 2.2% during the second quarter. Geode Capital Management LLC now owns 34,421,976 shares of the technology company’s stock worth $701,864,000 after buying an additional 724,974 shares during the period. Elliott Investment Management L.P. purchased a new position in Hewlett Packard Enterprise during the second quarter worth $381,004,000. Jericho Capital Asset Management L.P. bought a new position in Hewlett Packard Enterprise during the third quarter valued at $416,900,000. Finally, Slate Path Capital LP raised its stake in shares of Hewlett Packard Enterprise by 36.2% in the second quarter. Slate Path Capital LP now owns 15,896,242 shares of the technology company’s stock valued at $325,078,000 after acquiring an additional 4,221,678 shares during the period. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $21.45 on Thursday. The stock has a 50-day moving average price of $22.97 and a 200 day moving average price of $22.82. The stock has a market capitalization of $28.63 billion, a P/E ratio of -357.44, a P/E/G ratio of 0.59 and a beta of 1.32. Hewlett Packard Enterprise has a 12-month low of $11.97 and a 12-month high of $26.44. 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 (NYSE:HPE) last posted its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The company had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The firm’s revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.58 EPS. 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. Equities research analysts forecast that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend 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 payout ratio is -950.00%.

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.