Key Points
- CFO Marie Myers sold 93,583 shares on May 5 under a pre-arranged Rule 10b5-1 plan at an average price of $30.01 for roughly $2.81M, reducing her direct stake by 31.37% to 204,754 shares.
- HPE beat Q (reported Mar. 9) EPS expectations with $0.65 vs. $0.59 and revenue of $9.30B (up 18.4% YoY), and set FY2026 guidance of $2.30–$2.50 EPS and Q2 guidance of $0.510–$0.550 EPS.
- The company pays a quarterly dividend of $0.1425 ($0.57 annual, ~1.9% yield), and analysts have a consensus rating of "Moderate Buy" with a $26.71 average price target amid mixed buy/hold coverage.
Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) CFO Marie Myers sold 93,583 shares of the firm's stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the transaction, the chief financial officer directly owned 204,754 shares in the company, valued at $6,144,667.54. This trade represents a 31.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hewlett Packard Enterprise Trading Up 1.2%
NYSE HPE opened at $30.39 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. The company has a market capitalization of $40.32 billion, a price-to-earnings ratio of -159.94, a price-to-earnings-growth ratio of 0.77 and a beta of 1.28. The company's 50-day simple moving average is $24.27 and its two-hundred day simple moving average is $23.33. Hewlett Packard Enterprise Company has a one year low of $16.17 and a one year high of $30.42.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The business 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 company's revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.49 EPS. 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. Equities analysts forecast that Hewlett Packard Enterprise Company will post 1.96 EPS for the current fiscal year.
Hewlett Packard Enterprise Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th were given 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 payout ratio is presently -300.00%.
Institutional Trading of Hewlett Packard Enterprise
Several large investors have recently made changes to their positions in the business. TFC Financial Management Inc. boosted its holdings in Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company's stock worth $25,000 after buying an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in 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 worth $26,000 after buying an additional 666 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise during the second quarter worth $26,000. SJS Investment Consulting Inc. boosted its holdings in 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 worth $28,000 after buying an additional 716 shares in the last quarter. Finally, Chilton Capital Management LLC purchased a new stake in Hewlett Packard Enterprise during the third quarter worth $30,000. 80.78% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. Bank of America lifted their price objective on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the stock a "buy" rating in a research report on Tuesday, March 10th. Morgan Stanley lifted their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 10th. Truist Financial started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, March 31st. They issued a "buy" rating and a $31.00 target price for the company. Weiss Ratings reiterated a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, March 25th. Finally, The Goldman Sachs Group started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, January 13th. They issued a "buy" rating and a $31.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $26.71.
Read Our Latest Analysis on HPE
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.
Further Reading
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