Key Points
- EVP Rami Rahim sold 34,443 HPE shares for approximately $2.0 million at an average price of $58.04, reducing his holdings by 3.94% to 840,690 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- HPE reported strong quarterly results, with adjusted EPS of $1.11 and revenue of $12.21 billion, surpassing analyst estimates; revenue increased 33.7% year over year. The company also maintained a $0.57 annualized dividend, yielding about 1.0%.
- Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $65.44, although Barclays recently lowered its target from $83 to $77.
Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) EVP Rami Rahim sold 34,443 shares of the business's stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of $58.04, for a total transaction of $1,999,071.72. Following the completion of the transaction, the executive vice president owned 840,690 shares of the company's stock, valued at $48,793,647.60. This represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Rami Rahim also recently made the following trade(s):
- On Tuesday, September 29th, Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $61.42, for a total transaction of $2,116,287.52.
Hewlett Packard Enterprise Stock Up 2.3%
Shares of Hewlett Packard Enterprise stock opened at $56.73 on Friday. The firm's 50 day moving average price is $59.26 and its 200-day moving average price is $47.46. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $73.56. The company has a market cap of $75.30 billion, a P/E ratio of 29.54, a PEG ratio of 0.49 and a beta of 1.39.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping the consensus estimate 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 posted $0.44 EPS. Hewlett Packard Enterprise'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 predict that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.
Hewlett Packard Enterprise Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio is presently 29.69%.
Institutional Trading of Hewlett Packard Enterprise
A number of hedge funds have recently added to or reduced their stakes in HPE. Valley National Advisers Inc. increased its stake in Hewlett Packard Enterprise by 40.1% during the 3rd quarter. Valley National Advisers Inc. now owns 1,709 shares of the technology company's stock worth $109,000 after buying an additional 489 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Hewlett Packard Enterprise by 16.0% during the 3rd quarter. Signaturefd LLC now owns 37,188 shares of the technology company's stock worth $2,376,000 after buying an additional 5,121 shares during the last quarter. Citizens Financial Group Inc. RI lifted its stake in shares of Hewlett Packard Enterprise by 27.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 44,541 shares of the technology company's stock valued at $2,846,000 after purchasing an additional 9,509 shares during the last quarter. Simplicity Wealth LLC boosted its stake in Hewlett Packard Enterprise by 25.5% during the third quarter. Simplicity Wealth LLC now owns 8,719 shares of the technology company's stock worth $557,000 after buying an additional 1,773 shares during the period. Finally, Carolina Wealth Advisors LLC acquired a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at approximately $42,000. 80.78% of the stock is owned by hedge funds and other institutional investors.
Key Hewlett Packard Enterprise News
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: Expanded NVIDIA AI relationship supports growth narrative. HPE updated its AI Factory offerings with NVIDIA to provide more secure deployment, governance and operational controls for regulated industries. The companies also announced collaboration with Schneider Electric on industrial AI agents, potentially broadening HPE’s private-cloud AI opportunity. HPE teams with Nvidia to enhance secure AI deployment Schneider Electric, NVIDIA and HPE strategic collaboration
- Positive Sentiment: HPE outperformed other AI-server stocks. HPE rose more than several peers as investors responded to its AI infrastructure announcements and an upbeat outlook from Super Micro, reinforcing expectations for robust server demand. HPE climbs while AI server peers lag
- Positive Sentiment: Value-oriented support remains. Zacks characterized HPE as a strong value stock, which may attract investors seeking exposure to AI infrastructure at a valuation viewed as more reasonable than some higher-growth technology names. Why HPE is a strong value stock
- Neutral Sentiment: Insider selling was disclosed. EVP Rami Rahim sold approximately $2.0 million of HPE shares, reducing his direct holdings by 3.94%. Because the transaction occurred under a Rule 10b5-1 plan, it may carry less negative signaling value than discretionary selling. SEC insider transaction filing
- Neutral Sentiment: Security remediation highlights product risk and responsiveness. HPE patched eight critical AOS vulnerabilities involving remote code execution and authentication bypass. The fixes reduce customer exposure, although the severity of the flaws could increase scrutiny of HPE security products. HPE patches critical AOS vulnerabilities
- Negative Sentiment: Barclays lowered its HPE price target from $83 to $77. Although the revised target remains above the current trading level, the reduction signals more cautious expectations for valuation or near-term upside. Barclays cuts HPE price target
Wall Street Analyst Weigh In
HPE has been the subject of several analyst reports. Evercore increased their price objective on Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an "outperform" rating in a report on Thursday, October 1st. Loop Capital dropped their target price on Hewlett Packard Enterprise from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Tuesday, September 8th. Wall Street Zen upgraded Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 30th. JPMorgan Chase & Co. raised their price target on Hewlett Packard Enterprise from $68.00 to $70.00 in a report on Tuesday, August 25th. Finally, Raymond James Financial boosted their price target on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an "outperform" rating in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Hewlett Packard Enterprise has a consensus rating of "Moderate Buy" and a consensus target price of $65.44.
Check Out Our Latest Analysis on HPE
Hewlett Packard Enterprise Company Profile
(
Get Free Report)
Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.
HPE's portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.
Further Reading
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