Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) 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 transaction of $188,626.20. Following the sale, the director directly owned 8,018 shares in the company, valued at approximately $233,323.80. The trade was a 44.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hewlett Packard Enterprise Stock Performance
Shares of NYSE HPE opened at $30.04 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.71. The company has a market cap of $39.85 billion, a PE ratio of -158.08, a PEG ratio of 0.74 and a beta of 1.28. The firm's 50-day moving average price is $24.06 and its 200-day moving average price is $23.28. Hewlett Packard Enterprise Company has a 52-week low of $16.17 and a 52-week high of $30.15.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The firm's revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, analysts anticipate that Hewlett Packard Enterprise Company will post 1.96 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were issued a $0.1425 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.9%. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently -300.00%.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on HPE shares. Weiss Ratings reissued a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a report on Wednesday, March 25th. Bank of America raised their price objective on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, March 10th. The Goldman Sachs Group assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a "buy" rating and a $31.00 price objective on the stock. Morgan Stanley raised their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 10th. Finally, Citigroup raised their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.71.
View Our Latest Report on Hewlett Packard Enterprise
Institutional Investors Weigh In On Hewlett Packard Enterprise
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HPE. TFC Financial Management Inc. raised its stake in Hewlett Packard Enterprise by 2,694.4% during the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company's stock worth $25,000 after acquiring an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 176.7% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company's stock valued at $26,000 after buying an additional 666 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $26,000. SJS Investment Consulting Inc. raised its position in shares of Hewlett Packard Enterprise by 159.5% during the first quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company's stock valued at $28,000 after buying an additional 716 shares during the last quarter. Finally, Chilton Capital Management LLC bought a new stake in shares of Hewlett Packard Enterprise during the third quarter valued at approximately $30,000. Institutional investors own 80.78% of the company's stock.
About Hewlett Packard Enterprise
(
Get Free Report)
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.
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