Maeve Culloty Sells 35,958 Shares of Hewlett Packard Enterprise (NYSE:HPE) Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Maeve Culloty sold 35,958 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total transaction of $886,724.28. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Hewlett Packard Enterprise Trading Up 0.9%

NYSE HPE opened at $24.26 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $26.44. The company has a 50-day simple moving average of $23.25 and a 200-day simple moving average of $22.02. The firm has a market capitalization of $32.01 billion, a PE ratio of -404.32, a price-to-earnings-growth ratio of 0.66 and a beta of 1.34.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same quarter in the prior year, the business earned $0.58 earnings per share. Hewlett Packard Enterprise’s quarterly revenue was up 14.7% on a year-over-year basis. 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. On average, equities analysts forecast that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors 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 represents a $0.57 dividend on an annualized basis and a yield of 2.3%. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is presently -866.67%.

Analysts Set New Price Targets

HPE has been the topic of several analyst reports. The Goldman Sachs Group increased their target price on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Zacks Research raised shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Barclays boosted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Weiss Ratings restated a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research note on Wednesday, October 8th. Finally, Sanford C. Bernstein assumed coverage on Hewlett Packard Enterprise in a report on Tuesday, September 16th. They set a “market perform” rating and a $24.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $25.53.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HPE. Kovitz Investment Group Partners LLC lifted its position in Hewlett Packard Enterprise by 199.9% in the first quarter. Kovitz Investment Group Partners LLC now owns 302,149 shares of the technology company’s stock worth $4,662,000 after purchasing an additional 201,384 shares during the period. Horizon Investments LLC lifted its holdings in shares of Hewlett Packard Enterprise by 3.7% in the first quarter. Horizon Investments LLC now owns 35,494 shares of the technology company’s stock valued at $548,000 after buying an additional 1,250 shares during the period. Tocqueville Asset Management L.P. lifted its holdings in shares of Hewlett Packard Enterprise by 15.3% in the first quarter. Tocqueville Asset Management L.P. now owns 19,739 shares of the technology company’s stock valued at $305,000 after buying an additional 2,623 shares during the period. Affinity Investment Advisors LLC grew its holdings in Hewlett Packard Enterprise by 19.0% during the first quarter. Affinity Investment Advisors LLC now owns 54,770 shares of the technology company’s stock worth $845,000 after acquiring an additional 8,740 shares during the period. Finally, Freestone Capital Holdings LLC lifted its holdings in Hewlett Packard Enterprise by 127.2% in the 1st quarter. Freestone Capital Holdings LLC now owns 26,395 shares of the technology company’s stock valued at $407,000 after acquiring an additional 14,779 shares during the last quarter. 80.78% of the stock is currently owned by institutional investors.

Hewlett Packard Enterprise Company Profile

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.