Hewlett Packard Enterprise Company (NYSE:HPE) Receives Average Rating of “Hold” from Analysts

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) have been assigned a consensus recommendation of “Hold” from the twenty-two brokerages that are presently covering the company, Marketbeat Ratings reports. Thirteen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $25.5294.

Several equities research analysts have recently commented on HPE shares. UBS Group raised their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Piper Sandler assumed coverage on shares of Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price objective for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. The Goldman Sachs Group started coverage on Hewlett Packard Enterprise in a research report on Tuesday. They issued a “buy” rating and a $31.00 target price for the company. Finally, Barclays lifted their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th.

Hewlett Packard Enterprise Price Performance

Shares of HPE stock opened at $22.06 on Thursday. 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 has a fifty-two week low of $11.97 and a fifty-two week high of $26.44. The firm has a market cap of $29.44 billion, a P/E ratio of -367.62, a P/E/G ratio of 0.61 and a beta of 1.32. The business’s 50 day moving average price is $23.04 and its 200-day moving average price is $22.81.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The company 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 firm’s revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities research analysts anticipate that Hewlett Packard Enterprise will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, December 19th will be given a $0.1425 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is currently -950.00%.

Insider Buying and Selling

In other news, EVP Fidelma Russo sold 126,512 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.61, for a total transaction of $3,113,460.32. Following the completion of the transaction, the executive vice president directly owned 51,002 shares in the company, valued at approximately $1,255,159.22. This trade represents a 71.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Kirt P. Karros sold 36,460 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the sale, the senior vice president directly owned 18,785 shares in the company, valued at approximately $462,298.85. This represents a 66.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 585,537 shares of company stock worth $14,255,864 over the last 90 days. Corporate insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Mcintyre Freedman & Flynn Investment Advisers Inc. increased its stake in Hewlett Packard Enterprise by 743.7% in the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after purchasing an additional 135,725 shares during the period. Caxton Associates LLP boosted its stake in shares of Hewlett Packard Enterprise by 106.8% during the second quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock valued at $3,661,000 after purchasing an additional 92,438 shares during the period. Shell Asset Management Co. grew its holdings in shares of Hewlett Packard Enterprise by 42.4% in the second quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock worth $2,388,000 after purchasing an additional 34,801 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Hewlett Packard Enterprise in the second quarter worth about $2,522,000. Finally, Swiss National Bank increased its stake in Hewlett Packard Enterprise by 7.2% in the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock worth $81,315,000 after buying an additional 266,600 shares during the period. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.