Key Points
- SVP Jeremy Cox sold 50,061 HPE shares on Dec. 9 at an average of $23.70 for ~$1.19M and sold another 13,442 shares on Dec. 10 at $24.75, cutting his ownership by about 65% to 26,905 shares (Form 4 filed).
- HPE reported Q results of $0.62 EPS (beat $0.59) and $9.68B revenue (up 14.7% YoY but shy of expectations), and issued FY2026 guidance of $2.25–$2.45 EPS and Q1 guidance of $0.57–$0.61.
- The company raised its quarterly dividend to $0.1425 (annualized $0.57, ~2.3% yield), while analysts’ consensus remains a “Hold” with an average price target of about $25.53.
Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) SVP Jeremy Cox sold 13,442 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.75, for a total value of $332,689.50. Following the sale, the senior vice president directly owned 13,463 shares in the company, valued at $333,209.25. The trade was a 49.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Jeremy Cox also recently made the following trade(s):
- On Tuesday, December 9th, Jeremy Cox sold 50,061 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $23.70, for a total value of $1,186,445.70.
Hewlett Packard Enterprise Stock Down 3.3%
Shares of NYSE HPE opened at $24.43 on Friday. Hewlett Packard Enterprise Company has a 52-week low of $11.97 and a 52-week high of $26.44. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The business has a fifty day moving average of $23.29 and a two-hundred day moving average of $21.82. The stock has a market cap of $32.23 billion, a PE ratio of -407.10, a PEG ratio of 0.69 and a beta of 1.34.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.Hewlett Packard Enterprise's revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, equities research analysts expect 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 declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, December 19th will be given a dividend of $0.1425 per share. The ex-dividend date is Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.3%. This is a positive change from Hewlett Packard Enterprise's previous quarterly dividend of $0.13. Hewlett Packard Enterprise's dividend payout ratio is presently -866.67%.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on HPE. Barclays increased their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an "overweight" rating in a report on Thursday, October 16th. UBS Group increased their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a "neutral" rating in a research note on Thursday, October 16th. Weiss Ratings restated a "hold (c)" rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. Bank of America upped their price objective on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, September 2nd. Finally, Wells Fargo & Company raised their target price on Hewlett Packard Enterprise from $22.00 to $26.00 and gave the stock an "equal weight" rating in a report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $25.53.
Get Our Latest Research Report on Hewlett Packard Enterprise
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bleakley Financial Group LLC increased its stake in Hewlett Packard Enterprise by 1.0% during the 3rd quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company's stock worth $1,045,000 after purchasing an additional 439 shares in the last quarter. Spire Wealth Management boosted its holdings in shares of Hewlett Packard Enterprise by 7.1% in the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company's stock valued at $164,000 after buying an additional 445 shares during the period. TD Waterhouse Canada Inc. increased its position in shares of Hewlett Packard Enterprise by 11.1% during the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company's stock worth $100,000 after acquiring an additional 489 shares in the last quarter. Western Wealth Management LLC raised its holdings in shares of Hewlett Packard Enterprise by 3.3% during the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company's stock worth $375,000 after acquiring an additional 489 shares during the period. Finally, Trust Co. of Vermont raised its holdings in shares of Hewlett Packard Enterprise by 6.4% during the third quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company's stock worth $217,000 after acquiring an additional 533 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.
Hewlett Packard Enterprise Company Profile
(
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.
Further Reading
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