Key Points
- HPE director Jean Hobby sold 29,000 shares on Dec. 8 at an average price of $23.79 for $689,910, reducing her stake by 47.32% to 32,279 shares (≈$767,917).
- Quarterly results: HPE posted $0.62 EPS vs. $0.59 expected and $9.68B revenue (below $9.91B est.), with revenue up 14.7% YoY and FY2026 guidance of $2.25–$2.45 EPS (Q1 guide $0.57–$0.61).
- Dividend increase: HPE raised the quarterly dividend to $0.1425 (annualized $0.57), up from $0.13, implying a ~2.3% yield; ex-dividend date is Dec. 19 and payment is Jan. 16.
Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) Director Jean Hobby sold 29,000 shares of the firm's stock in a transaction on Monday, December 8th. The stock was sold at an average price of $23.79, for a total transaction of $689,910.00. Following the sale, the director owned 32,279 shares in the company, valued at approximately $767,917.41. The trade was a 47.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Hewlett Packard Enterprise Price Performance
Shares of NYSE HPE opened at $25.29 on Thursday. The company has a fifty day moving average price of $23.29 and a 200 day moving average price of $21.80. The firm has a market cap of $33.36 billion, a PE ratio of -421.36, a PEG ratio of 0.68 and a beta of 1.34. 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 Company has a 1-year low of $11.97 and a 1-year high of $26.44.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company's revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the business posted $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. Research analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.
Hewlett Packard Enterprise Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, December 19th will be issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.3%. This is a boost from Hewlett Packard Enterprise's previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. Hewlett Packard Enterprise's dividend payout ratio is -866.67%.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on HPE shares. Argus lifted their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Wednesday. Wells Fargo & Company increased their price target on Hewlett Packard Enterprise from $22.00 to $26.00 and gave the company an "equal weight" rating in a research report on Thursday, September 4th. Raymond James Financial boosted their price target on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the stock a "strong-buy" rating in a research report on Thursday, September 4th. Bank of America upped their price objective on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a "buy" rating in a research note on Tuesday, September 2nd. Finally, Piper Sandler started coverage on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They issued a "neutral" rating and a $24.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have given a Hold rating to the company's stock. Based on data from MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of "Hold" and an average price target of $25.53.
Read Our Latest Stock Analysis on HPE
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Elliott Investment Management L.P. acquired a new stake in Hewlett Packard Enterprise during the 2nd quarter valued at $381,004,000. Jericho Capital Asset Management L.P. bought a new position in shares of Hewlett Packard Enterprise in the third quarter valued at about $416,900,000. Assenagon Asset Management S.A. lifted its stake in shares of Hewlett Packard Enterprise by 3,847.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 8,831,262 shares of the technology company's stock worth $180,599,000 after buying an additional 8,607,523 shares during the last quarter. Schroder Investment Management Group boosted its holdings in shares of Hewlett Packard Enterprise by 192.4% during the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company's stock worth $216,754,000 after buying an additional 6,974,083 shares during the period. Finally, Holocene Advisors LP acquired a new position in Hewlett Packard Enterprise in the 3rd quarter valued at about $144,468,000. 80.78% of the stock is currently owned by institutional investors.
About Hewlett Packard Enterprise
(
Get Free Report)
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.
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