Insider Selling: Hewlett Packard Enterprise (NYSE:HPE) EVP Sells $2,116,287.52 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Rami Rahim sold 34,456 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the transaction, the executive vice president directly owned 875,133 shares of the company’s stock, valued at approximately $53,750,668.86. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Price Performance

HPE opened at $69.39 on Friday. The company has a market capitalization of $92.12 billion, a P/E ratio of 36.14, a PEG ratio of 0.62 and a beta of 1.39. The company has a 50-day moving average of $55.81 and a 200-day moving average of $43.24. 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 Company has a 1-year low of $19.84 and a 1-year high of $70.29.

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

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be issued a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Key Headlines Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: HPE secured a $1.2 billion order from cloud provider Vultr for systems based on AMD’s Helios AI rack platform. The deal is HPE’s first announced Helios order and reinforces its role in supplying high-performance infrastructure for AI data centers. HPE AMD deal coverage
• Positive Sentiment: At its investor event, HPE raised its long-term networking revenue outlook, citing robust AI-related demand across data-center networking, routing, campus and branch infrastructure, and security. Management said demand continues to exceed supply, supporting expectations for sustained growth. HPE raises networking outlook and lands Vultr order
• Positive Sentiment: Several analysts raised their price targets following the investor day and AI order. Citi increased its target to $92 with a Buy rating, while Barclays, Truist and Morgan Stanley also lifted targets and maintained constructive views. The analyst activity has strengthened the bullish case around HPE’s AI and networking growth. Analyst target changes for HPE
• Neutral Sentiment: Analyst opinion remains mixed after HPE’s powerful rally. Piper Sandler reiterated a Hold rating, while UBS and Wells Fargo retained cautious ratings despite raising their targets. Analysts acknowledge HPE’s AI opportunity but warn that much of the expected growth may already be reflected in the stock’s valuation. Piper Sandler maintains Hold rating
• Neutral Sentiment: Executive Vice President Rami Rahim sold 34,456 shares for approximately $2.1 million under a pre-arranged Rule 10b5-1 trading plan. The sale modestly reduced his holdings but is less concerning because he still owns roughly 875,000 shares. SEC insider trading filing

Analysts Set New Price Targets

HPE has been the subject of a number of research reports. UBS Group lifted their target price on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the company a “neutral” rating in a research note on Thursday. Piper Sandler restated a “neutral” rating and set a $57.00 price objective (down from $63.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, September 3rd. Raymond James Financial increased their target price on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Wells Fargo & Company raised their target price on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, Argus reissued a “buy” rating and set a $70.00 price target on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $72.06.

Institutional Trading of Hewlett Packard Enterprise

Several hedge funds have recently added to or reduced their stakes in HPE. Delos Wealth Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at about $27,000. First Bancorp Inc ME acquired a new position in Hewlett Packard Enterprise during the 2nd quarter valued at about $30,000. Transamerica Financial Advisors LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter valued at about $37,000. SJS Investment Consulting Inc. raised its position in shares of Hewlett Packard Enterprise by 159.5% during 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 in the last quarter. Finally, Ancora Advisors LLC acquired a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth approximately $56,000. Institutional investors own 80.78% of the company’s stock.

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, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.