John Schultz Sells 84,676 Shares of Hewlett Packard Enterprise (NYSE:HPE) Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP John Schultz sold 84,676 shares of Hewlett Packard Enterprise stock in a transaction on Monday, December 8th. The stock was sold at an average price of $23.15, for a total transaction of $1,960,249.40. Following the sale, the executive vice president directly owned 338,685 shares of the company’s stock, valued at $7,840,557.75. This represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Hewlett Packard Enterprise Stock Up 2.1%

HPE opened at $25.29 on Thursday. The business’s fifty day simple moving average is $23.29 and its 200 day simple moving average is $21.80. Hewlett Packard Enterprise Company has a 52 week low of $11.97 and a 52 week high of $26.44. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. The stock has a market cap of $33.36 billion, a PE ratio of -421.36, a P/E/G ratio of 0.68 and a beta of 1.34.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. As a group, research analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be given a dividend of $0.1425 per share. The ex-dividend date is Friday, December 19th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a yield of 2.3%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -866.67%.

Institutional Trading of Hewlett Packard Enterprise

Several large investors have recently modified their holdings of HPE. Cary Street Partners Financial LLC purchased a new stake in Hewlett Packard Enterprise in the 1st quarter worth approximately $52,000. Atria Wealth Solutions Inc. boosted its holdings in Hewlett Packard Enterprise by 3.5% in the first quarter. Atria Wealth Solutions Inc. now owns 30,953 shares of the technology company’s stock valued at $479,000 after acquiring an additional 1,057 shares in the last quarter. Swiss National Bank boosted its holdings in Hewlett Packard Enterprise by 1.1% in the first quarter. Swiss National Bank now owns 3,709,700 shares of the technology company’s stock valued at $57,241,000 after acquiring an additional 40,900 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in Hewlett Packard Enterprise during the 1st quarter valued at $27,000. Finally, Covestor Ltd raised its holdings in Hewlett Packard Enterprise by 195.2% in the 1st quarter. Covestor Ltd now owns 8,981 shares of the technology company’s stock worth $139,000 after purchasing an additional 5,939 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

HPE has been the topic of several research reports. Susquehanna lifted their price target on shares of Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, September 4th. Barclays lifted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Weiss Ratings restated a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 price objective (down previously from $28.00) on shares of Hewlett Packard Enterprise in a report on Monday, November 17th. Finally, Argus increased their target price on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Hold” and a consensus target price of $25.53.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.