Hewlett Packard Enterprise (NYSE:HPE) Shares Up 1.9% – Time to Buy?

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) shot up 1.9% on Thursday. The stock traded as high as $65.48 and last traded at $63.4860. Approximately 21,352,172 shares traded hands during trading, a decline of 0% from the average daily volume of 21,402,209 shares. The stock had previously closed at $62.33.

Trending Headlines about Hewlett Packard Enterprise

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

• Positive Sentiment: AI, networking and quantum partnerships support the growth narrative. HPE’s expanded networking relationships and efforts to bring quantum computing to on-premises high-performance computing could strengthen its position in next-generation data-center infrastructure. HPE’s Expanded Networking and Quantum Partnerships
• Positive Sentiment: Analyst and media sentiment is favorable. Zacks named HPE its Bull of the Day, while other coverage highlighted the company as a value stock. This may be attracting momentum-oriented investors, particularly as HPE trades well above its longer-term moving averages. HPE Soars to a 52-Week High
• Positive Sentiment: Fundamental performance remains strong. Recent results showed revenue growth of roughly 34%, earnings above consensus and a better-than-expected revenue outlook, reinforcing the case that AI-related demand is improving HPE’s financial profile. HPE Reports 34% Revenue Growth
• Neutral Sentiment: HPE is benefiting from broader AI-infrastructure enthusiasm. Dell’s rally after Morgan Stanley raised the probability of its bullish scenario also lifted attention across the sector, with HPE edging higher. The move reflects industry optimism more than a new HPE-specific catalyst. Dell Rally and HPE Market Reaction
• Negative Sentiment: Valuation and competitive concerns could limit further gains. HPE’s move to a 52-week high raises the possibility of profit-taking. Comparisons with Dell point to Dell’s larger AI backlog and clearer server-demand visibility, while Super Micro’s rapid deployment of advanced NVIDIA systems highlights intense competition in AI infrastructure. HPE Versus Dell AI Infrastructure Comparison

Analyst Upgrades and Downgrades

A number of research firms have commented on HPE. Raymond James Financial lifted their price objective 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. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 4th. Citigroup boosted their price objective on shares of Hewlett Packard Enterprise from $74.00 to $76.00 and gave the company a “buy” rating in a research report on Thursday, September 3rd. Barclays increased their price objective on shares of Hewlett Packard Enterprise from $67.00 to $79.00 and gave the stock an “overweight” rating in a research note on Thursday, September 3rd. Finally, Zacks Research raised shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $69.18.

Hewlett Packard Enterprise Trading Down 0.9%

The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The stock has a market cap of $83.55 billion, a P/E ratio of 32.78, a PEG ratio of 0.57 and a beta of 1.43. The firm’s 50-day simple moving average is $54.07 and its 200 day simple moving average is $41.74.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. The firm had revenue of $12.21 billion for 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 for the quarter was up 33.7% on a year-over-year basis. During the same quarter in the previous year, the business 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. As a group, equities research analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Insider Activity

In related news, CEO Antonio Neri sold 250,000 shares of Hewlett Packard Enterprise stock in a transaction dated 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 transaction, the chief executive officer directly owned 1,432,393 shares of the company’s stock, valued at $86,573,832.92. The trade was a 14.86% decrease in their ownership of the stock. 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 the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the sale, the director owned 65,072 shares in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Institutional investors and hedge funds have recently modified their holdings of the stock. QRG Capital Management Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 148.1% during the 2nd quarter. QRG Capital Management Inc. now owns 446,503 shares of the technology company’s stock valued at $20,142,000 after buying an additional 266,499 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in Hewlett Packard Enterprise during the second quarter worth $1,076,000. Andra AP fonden acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter worth about $10,759,000. Tidal Investments LLC lifted its holdings in Hewlett Packard Enterprise by 552.7% in the 2nd quarter. Tidal Investments LLC now owns 800,103 shares of the technology company’s stock worth $36,093,000 after purchasing an additional 677,528 shares during the last quarter. Finally, BlueCrest Capital Management Ltd boosted its holdings in shares of Hewlett Packard Enterprise by 105.8% during the 2nd quarter. BlueCrest Capital Management Ltd now owns 201,015 shares of the technology company’s stock worth $9,068,000 after buying an additional 103,323 shares during the period. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

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.