Hewlett Packard Enterprise (NYSE:HPE) EVP Sells $497,865.90 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP John Schultz sold 21,007 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $23.70, for a total transaction of $497,865.90. Following the completion of the sale, the executive vice president directly owned 396,592 shares in the company, valued at approximately $9,399,230.40. The trade was a 5.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hewlett Packard Enterprise Stock Down 3.3%

Shares of HPE opened at $23.73 on Friday. 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 company has a 50-day moving average price of $23.28 and a two-hundred day moving average price of $21.89. The stock has a market cap of $31.30 billion, a price-to-earnings ratio of -395.35, a P/E/G ratio of 0.65 and a beta of 1.34. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion during the quarter, compared to analysts’ expectations of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.Hewlett Packard Enterprise’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 EPS. 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. Equities analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, December 19th will be paid a $0.1425 dividend. The ex-dividend date is Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.4%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio is presently -866.67%.

Analyst Ratings Changes

A number of brokerages recently issued reports on HPE. Susquehanna increased their target price on shares of Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, September 4th. Raymond James Financial lifted their target price on shares of Hewlett Packard Enterprise from $29.00 to $30.00 and gave the company a “strong-buy” rating in a research note on Thursday, September 4th. Piper Sandler initiated coverage on Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price target on the stock. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, Bank of America boosted their price objective on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $25.53.

Institutional Trading of Hewlett Packard Enterprise

Institutional investors have recently bought and sold shares of the business. Bleakley Financial Group LLC lifted its stake in shares of Hewlett Packard Enterprise by 1.0% in the 3rd quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after purchasing an additional 439 shares during the period. Spire Wealth Management increased its holdings in Hewlett Packard Enterprise by 7.1% in the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock valued at $164,000 after purchasing an additional 445 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in Hewlett Packard Enterprise by 11.1% in the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock valued at $100,000 after buying an additional 489 shares during the period. Western Wealth Management LLC boosted its holdings in Hewlett Packard Enterprise by 3.3% during the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock worth $375,000 after buying an additional 489 shares during the last quarter. Finally, Trust Co. of Vermont grew its position in shares of Hewlett Packard Enterprise by 6.4% during the 3rd quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock worth $217,000 after buying an additional 533 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

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.