Hewlett Packard Enterprise (NYSE:HPE) Cut to “In-Line” at Evercore

Evercore lowered shares of Hewlett Packard Enterprise (NYSE:HPE) from an outperform rating to an in-line rating in a report issued on Monday morning, MarketBeat.com reports. Evercore currently has $65.00 target price on the technology company’s stock.

HPE has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price objective on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Raymond James Financial upped their target price on shares of Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday, September 3rd. Susquehanna increased their target price on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Morgan Stanley cut their price target on shares of Hewlett Packard Enterprise from $69.00 to $67.00 and set an “overweight” rating for the company in a report on Thursday, September 3rd. Finally, Bank of America boosted their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $69.18.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $56.71 on Monday. The business’s fifty day moving average is $52.05 and its 200 day moving average is $39.89. The firm has a market cap of $75.28 billion, a price-to-earnings ratio of 29.54, a PEG ratio of 0.50 and a beta of 1.43. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. Hewlett Packard Enterprise has a 52-week low of $19.84 and a 52-week high of $64.25.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The firm’s revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 EPS. 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. Research analysts predict that Hewlett Packard Enterprise will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently 29.69%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the business’s stock in a transaction that occurred 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 $3,703,247.52. The trade was a 20.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Antonio Neri sold 250,000 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,432,393 shares in the company, valued at $86,573,832.92. The trade was a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 285,785 shares of company stock worth $16,988,542 over the last three months. 0.44% of the stock is owned by insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of large investors have recently added to or reduced their stakes in HPE. Delos Wealth Advisors LLC purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $27,000. First Bancorp Inc ME purchased a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $30,000. Transamerica Financial Advisors LLC purchased a new position in shares of Hewlett Packard Enterprise during the 2nd quarter valued at about $37,000. SJS Investment Consulting Inc. lifted 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 worth $28,000 after buying an additional 716 shares during the last quarter. Finally, Ancora Advisors LLC bought a new stake in Hewlett Packard Enterprise in the 2nd quarter worth approximately $56,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: AI infrastructure momentum: Market commentary highlights HPE as a potential beneficiary of sustained AI infrastructure spending and the emerging connection between AI and quantum computing. The company is also working with suppliers and improving demand forecasts to manage memory constraints, which could help protect AI-server production and revenue growth. How Agentic AI Could Drive HPE Stock Much Higher
• Positive Sentiment: Sector strength and institutional interest: HPE moved higher alongside Dell and Super Micro as the broader server and AI-equipment group attracted buying. Recent institutional purchases and a consensus “Moderate Buy” rating also support the bullish case. Server Stocks Move Higher
• Neutral Sentiment: Cloud leadership transition: HPE appointed Hitachi Vantara chief Brad Pulfer to lead its cloud business as part of a C-suite reshuffle. The change could improve execution, but investors will likely watch for evidence that it accelerates growth in the GreenLake and cloud operations. HPE C-Suite Shakeup
• Negative Sentiment: Valuation and analyst caution: Evercore lowered HPE to “In Line” after the stock’s sharp year-to-date advance, arguing that the risk-reward balance is less attractive. The downgrade underscores concerns that expectations may already reflect much of the AI opportunity, even though the firm retained a $65 price target. HPE Rating Lowered to In-Line
• Negative Sentiment: Insider selling: CEO Antonio Neri sold 250,000 shares worth approximately $15.1 million under a pre-arranged Rule 10b5-1 plan, while Director Gary Reiner sold 17,000 shares for about $967,000. The planned CEO transaction reduces its signaling value, but the sales may add pressure after HPE’s substantial rally. HPE SEC Insider Filing

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.

HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.