Hewlett Packard Enterprise Company (NYSE:HPE) to Issue $0.14 Quarterly Dividend

Hewlett Packard Enterprise Company (NYSE:HPE) declared a quarterly dividend on Monday, June 1st. Investors of record on Tuesday, June 16th will be paid a dividend of 0.1425 per share by the technology company on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, June 16th.

Hewlett Packard Enterprise has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years. Hewlett Packard Enterprise has a dividend payout ratio of 27.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Hewlett Packard Enterprise to earn $2.29 per share next year, which means the company should continue to be able to cover its $0.57 annual dividend with an expected future payout ratio of 24.9%.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $58.35 on Tuesday. The business’s 50 day moving average is $29.23 and its 200-day moving average is $24.80. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $77.42 billion, a PE ratio of -249.32, a PEG ratio of 1.10 and a beta of 1.28. Hewlett Packard Enterprise has a 1-year low of $17.02 and a 1-year high of $47.97.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Monday, June 1st. The technology company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. The firm had revenue of $10.68 billion during the quarter, compared to analysts’ expectations of $9.78 billion. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.Hewlett Packard Enterprise’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same period last year, the business earned ($0.82) earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. Sell-side analysts predict that Hewlett Packard Enterprise will post 1.97 earnings per share for the current year.

Insider Activity at Hewlett Packard Enterprise

In other news, CFO Marie Myers sold 93,583 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the transaction, the chief financial officer owned 204,754 shares of the company’s stock, valued at $6,144,667.54. This represents a 31.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 6,482 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the transaction, the director owned 8,018 shares in the company, valued at approximately $233,323.80. This represents a 44.70% 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 have sold a total of 702,402 shares of company stock valued at $18,440,171 over the last quarter. 0.44% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Institutional investors have recently modified their holdings of the business. First Nebraska Trust Co bought a new stake in shares of Hewlett Packard Enterprise during the first quarter worth approximately $2,392,000. Segall Bryant & Hamill LLC acquired a new stake in Hewlett Packard Enterprise during the 1st quarter worth $1,660,000. Essential Partners LLC grew its holdings in Hewlett Packard Enterprise by 1.6% during the 1st quarter. Essential Partners LLC now owns 28,100 shares of the technology company’s stock worth $669,000 after acquiring an additional 447 shares during the period. Ariadne Wealth Management LP bought a new stake in shares of Hewlett Packard Enterprise during the 1st quarter valued at $211,000. Finally, Edgestream Partners L.P. lifted its stake in shares of Hewlett Packard Enterprise by 586.9% in the 1st quarter. Edgestream Partners L.P. now owns 58,044 shares of the technology company’s stock valued at $1,382,000 after purchasing an additional 49,594 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

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.