Key Points
- HPE CEO Antonio Neri sold 250,000 shares for approximately $15.1 million at an average price of $60.44, reducing his ownership by 14.86%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- HPE reported quarterly earnings of $1.11 per share, beating estimates of $0.93, while revenue rose 33.7% year over year to $12.21 billion. The company also issued fiscal 2026 earnings guidance of $3.75 to $3.85 per share.
- Analysts maintain a “Moderate Buy” consensus rating with an average price target of $69.18; HPE also declared a quarterly dividend of $0.1425 per share, representing a 1.0% annualized yield.
Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) CEO Antonio Neri sold 250,000 shares of the business's stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the sale, the chief executive officer owned 1,432,393 shares of the company's stock, valued at $86,573,832.92. The trade was a 14.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hewlett Packard Enterprise Stock Performance
NYSE:HPE opened at $55.72 on Wednesday. The firm has a market capitalization of $73.97 billion, a PE ratio of 29.02, a PEG ratio of 0.49 and a beta of 1.43. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The firm's fifty day simple moving average is $51.81 and its 200 day simple moving average is $39.64.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last released its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm had revenue of $12.21 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the previous year, the business earned $0.44 EPS. The business's revenue was up 33.7% on a year-over-year basis. 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. On average, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.
Hewlett Packard Enterprise Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 17th will be paid a dividend of $0.1425 per share. The ex-dividend date is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio is presently 29.69%.
Analyst Ratings Changes
A number of research analysts have recently commented on HPE shares. Wells Fargo & Company cut their price target on Hewlett Packard Enterprise from $67.00 to $54.00 and set an "equal weight" rating for the company in a report on Thursday, September 3rd. JPMorgan Chase & Co. boosted their target price on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group upped their target price on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. Zacks Research raised shares of Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a report on Friday, September 4th. Finally, Susquehanna raised their price target on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $69.18.
Read Our Latest Report on HPE
Institutional Trading of Hewlett Packard Enterprise
Institutional investors and hedge funds have recently modified their holdings of the company. Tidal Investments LLC raised its stake in shares of Hewlett Packard Enterprise by 552.7% in the second quarter. Tidal Investments LLC now owns 800,103 shares of the technology company's stock valued at $36,093,000 after purchasing an additional 677,528 shares in the last quarter. BlueCrest Capital Management Ltd boosted its stake in Hewlett Packard Enterprise by 105.8% during the second quarter. BlueCrest Capital Management Ltd now owns 201,015 shares of the technology company's stock worth $9,068,000 after buying an additional 103,323 shares in the last quarter. Engineers Gate Manager LP bought a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at $13,408,000. SVB Wealth LLC bought a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at $237,000. Finally, Insight Wealth Partners LLC acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $299,000. 80.78% of the stock is currently owned by institutional investors.
Trending Headlines about Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: Rebound after downgrade: HPE recovered after Evercore ISI cut its rating from Outperform to In Line, with the firm retaining a $65 price target. The rebound suggests investors view the downgrade as a moderation of expectations rather than a fundamental shift in HPE’s outlook. Hewlett Packard Enterprise Rises 4% a Day After Evercore ISI Downgrade
- Positive Sentiment: AI and quantum-computing exposure: A market commentary identified HPE as a potential beneficiary of the convergence between AI infrastructure and quantum computing, supporting the longer-term investment case even as investors debate whether AI spending is slowing. AI Slowdown Fears Rise: Buy NVIDIA, HPE That Connect AI and Quantum
- Positive Sentiment: Supply-chain execution: HPE is working with suppliers and improving forecasting to manage memory constraints, an important factor for maintaining AI-server production and meeting customer demand. HPE Combats Memory Constraints With Supplier Help, Better Forecasting
- Neutral Sentiment: Cloud leadership change: HPE appointed Hitachi Vantara chief Brad Pulfer as its cloud chief in a broader C-suite reshuffle. The move could strengthen execution, but investors may initially view the transition as an uncertainty. HPE C-Suite Shakeup as Hitachi Vantara Chief Takes Cloud CEO Helm
- Negative Sentiment: Analyst caution and insider selling: Evercore’s downgrade followed a roughly 159% year-to-date rally, citing a more balanced risk-reward profile. Separately, CEO Antonio Neri sold 250,000 shares worth approximately $15.1 million under a pre-arranged Rule 10b5-1 plan. The planned nature of the sale reduces its significance, but it may reinforce concerns that the stock’s rapid advance has outpaced near-term fundamentals. Hewlett Packard Enterprise Slides After Evercore ISI Downgrade
About Hewlett Packard Enterprise
(
Get Free Report)
Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.
HPE's portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.
Further Reading
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