Antonio Neri Sells 264,432 Shares of Hewlett Packard Enterprise (NYSE:HPE) Stock

Hewlett Packard Enterprise Company (NYSE:HPE) CEO Antonio Neri sold 264,432 shares of the company’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $25.18, for a total transaction of $6,658,397.76. Following the sale, the chief executive officer directly owned 1,837,329 shares of the company’s stock, valued at approximately $46,263,944.22. This represents a 12.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Hewlett Packard Enterprise Stock Performance

Shares of HPE opened at $23.97 on Friday. The company has a market capitalization of $31.80 billion, a PE ratio of -126.15, a price-to-earnings-growth ratio of 0.64 and a beta of 1.31. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. Hewlett Packard Enterprise Company has a one year low of $11.97 and a one year high of $26.44. The company’s fifty day moving average price is $22.01 and its 200 day moving average price is $23.05.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, analysts expect that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Tuesday, March 24th will be issued a $0.1425 dividend. The ex-dividend date of this dividend is Tuesday, March 24th. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -300.00%.

Institutional Trading of Hewlett Packard Enterprise

Institutional investors and hedge funds have recently modified their holdings of the company. TFC Financial Management Inc. boosted its stake in Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after buying an additional 970 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after buying an additional 666 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at $26,000. Chilton Capital Management LLC bought a new position in shares of Hewlett Packard Enterprise during the 3rd quarter worth about $30,000. Finally, Union Savings Bank acquired a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $30,000. 80.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Citigroup boosted their target price on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Bank of America upped their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Wall Street Zen raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, The Goldman Sachs Group initiated coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They set a “buy” rating and a $31.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.50.

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.