Key Points
- CEO Antonio Neri sold 250,000 HPE shares for approximately $17.1 million, reducing his direct stake by 17.45%. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan.
- HPE reported stronger-than-expected quarterly results, with EPS of $1.11 versus the $0.93 consensus and revenue of $12.21 billion, up 33.7% year over year.
- Investor sentiment remains broadly positive: analysts have a consensus “Moderate Buy” rating and a $72.06 price target, while HPE’s recent AI-server launches and customer wins support its enterprise AI infrastructure growth outlook.
Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) CEO Antonio Neri sold 250,000 shares of the company's stock in a transaction on Monday, October 5th. The shares were sold at an average price of $68.31, for a total value of $17,077,500.00. Following the sale, the chief executive officer owned 1,182,393 shares of the company's stock, valued at approximately $80,769,265.83. This trade represents a 17.45% decrease in their position. The transaction 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 Trading Up 2.4%
Hewlett Packard Enterprise stock opened at $72.14 on Thursday. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $73.28. The company has a market cap of $95.77 billion, a P/E ratio of 37.58, a P/E/G ratio of 0.63 and a beta of 1.39. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The business has a 50-day simple moving average of $57.27 and a two-hundred day simple moving average of $44.41.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The firm's revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 earnings per share. 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. Analysts predict that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be paid a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is currently 29.69%.
Key Stories Impacting Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE introduced four ProLiant Gen13 servers powered by AMD’s latest EPYC processors. The systems expand computing, memory, and I/O capabilities for agentic AI, inference, analytics, virtualization, and simulation, reinforcing HPE’s position in enterprise AI infrastructure. HPE Accelerates Enterprise AI Innovation With Next-Generation AMD CPU-Powered Servers
- Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a new direct-liquid-cooling-ready data center. The project is expected to support advanced financial simulations and higher-value financial products, providing evidence of demand for HPE’s high-performance computing and AI capabilities. Mizuho Securities Selects HPE to Accelerate Advanced Financial Simulations and Strengthen AI Readiness
- Positive Sentiment: Analyst sentiment improved, with Morgan Stanley raising its HPE price target after earnings and Daiwa Capital upgrading the stock to outperform. Recent coverage also highlights the Juniper Networks acquisition and its potential to make HPE a stronger networking provider for AI data centers.
- Neutral Sentiment: HPE has gained roughly 40% over the past month and reached a new high, prompting debate over whether investors should take profits or continue buying. The sharp rally raises valuation and near-term profit-taking risks even as earnings estimates remain supportive. Hewlett Packard Enterprise Just Surged 40% in a Month
- Negative Sentiment: CEO Antonio Neri sold 250,000 HPE shares for approximately $17.1 million, reducing his direct holdings by 17.45%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal but may still weigh on sentiment.
Hedge Funds Weigh In On Hewlett Packard Enterprise
Large investors have recently made changes to their positions in the business. Veery Capital LLC bought a new position in shares of Hewlett Packard Enterprise in the third quarter worth about $227,000. Venture Visionary Partners LLC raised its stake in Hewlett Packard Enterprise by 47.4% during the 3rd quarter. Venture Visionary Partners LLC now owns 9,243 shares of the technology company's stock valued at $591,000 after purchasing an additional 2,972 shares during the period. Cooper Financial Group purchased a new position in Hewlett Packard Enterprise in the 3rd quarter worth approximately $204,000. North Point Portfolio Managers Corp OH purchased a new position in Hewlett Packard Enterprise in the 3rd quarter worth approximately $58,000. Finally, Legacy Private Trust Co. bought a new position in Hewlett Packard Enterprise in the 3rd quarter worth approximately $998,000. 80.78% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. Wells Fargo & Company upped their price objective on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the stock an "equal weight" rating in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft started coverage on Hewlett Packard Enterprise in a report on Tuesday, September 1st. They set a "buy" rating and a $62.00 price target for the company. Zacks Research raised Hewlett Packard Enterprise from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 4th. Raymond James Financial lifted their price objective on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an "outperform" rating in a research report on Thursday, September 3rd. Finally, UBS Group increased their target price on shares of Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a "neutral" rating in a report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $72.06.
View Our Latest Report on Hewlett Packard Enterprise
Hewlett Packard Enterprise Company Profile
(
Get Free Report)
Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.
HPE's portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.
Further Reading
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