Fidelma Russo Sells 34,001 Shares of Hewlett Packard Enterprise (NYSE:HPE) Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Fidelma Russo sold 34,001 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $25.08, for a total value of $852,745.08. Following the completion of the transaction, the executive vice president owned 17,001 shares in the company, valued at $426,385.08. This trade represents a 66.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $23.97 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. The business has a 50 day simple moving average of $22.01 and a 200-day simple moving average of $23.05. Hewlett Packard Enterprise Company has a 12 month low of $11.97 and a 12 month high of $26.44. The stock 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.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Monday, March 9th. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. Hewlett Packard Enterprise’s quarterly revenue was up 18.4% on a year-over-year basis. During the same period last year, the firm posted $0.49 EPS. 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. Equities analysts predict that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, March 24th. Hewlett Packard Enterprise’s payout ratio is -300.00%.

Institutional Trading of Hewlett Packard Enterprise

A number of institutional investors have recently added to or reduced their stakes in the stock. TFC Financial Management Inc. grew its position 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 during the period. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Hewlett Packard Enterprise by 176.7% during 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 acquiring an additional 666 shares during the period. Chilton Capital Management LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 3rd quarter worth approximately $30,000. Headlands Technologies LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $26,000. Finally, Union Savings Bank acquired a new stake in shares of Hewlett Packard Enterprise in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HPE shares. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Argus boosted their target price on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Citigroup increased their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Morgan Stanley raised their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, March 10th. Finally, Wall Street Zen upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.