Kirt Karros Sells 18,785 Shares of Hewlett Packard Enterprise (NYSE:HPE) Stock

Hewlett Packard Enterprise Company (NYSE:HPE) SVP Kirt Karros sold 18,785 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $48.50, for a total transaction of $911,072.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Price Performance

NYSE HPE opened at $48.69 on Thursday. Hewlett Packard Enterprise Company has a 12 month low of $18.20 and a 12 month high of $64.25. The firm has a market capitalization of $64.48 billion, a PE ratio of 45.51, a P/E/G ratio of 0.53 and a beta of 1.42. The company’s 50 day simple moving average is $37.79 and its 200 day simple moving average is $28.11. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.09 and a quick ratio of 0.75.

Hewlett Packard Enterprise (NYSE:HPE) last released its earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. The firm had revenue of $10.68 billion during the quarter, compared to the consensus estimate of $9.78 billion. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm’s revenue for the quarter was up 40.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.82) earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 3.350-3.450 EPS and its Q3 2026 guidance at 0.880-0.930 EPS. As a group, equities research analysts forecast that Hewlett Packard Enterprise Company will post 2.88 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be issued a $0.1425 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.57 annualized dividend and a dividend yield of 1.2%. Hewlett Packard Enterprise’s dividend payout ratio is 53.27%.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Redwood Investment Management LLC lifted its holdings in shares of Hewlett Packard Enterprise by 8.3% in the first quarter. Redwood Investment Management LLC now owns 36,263 shares of the technology company’s stock valued at $863,000 after purchasing an additional 2,776 shares in the last quarter. Ballast Advisors LLC purchased a new position in shares of Hewlett Packard Enterprise during the first quarter valued at $171,000. PVG Asset Management Corp acquired a new position in Hewlett Packard Enterprise during the first quarter valued at $228,000. Positano Wealth Management Ltd lifted its stake in Hewlett Packard Enterprise by 14.4% in the 1st quarter. Positano Wealth Management Ltd now owns 180,389 shares of the technology company’s stock worth $4,295,000 after acquiring an additional 22,775 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Hewlett Packard Enterprise by 21.0% in the 1st quarter. NewEdge Advisors LLC now owns 257,974 shares of the technology company’s stock worth $6,142,000 after acquiring an additional 44,836 shares in the last quarter. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HPE has been the topic of several research reports. Argus boosted their price target on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 10th. Loop Capital raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Piper Sandler reiterated a “neutral” rating and issued a $63.00 target price (up from $23.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Finally, Bank of America raised their target price on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $64.65.

Hewlett Packard Enterprise News Roundup

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE is being positioned as a key player on the networking side of agentic AI, with new coverage emphasizing its AI infrastructure and self-driving network expansion. HPE Focuses On The Network Side Of Agentic AI
• Positive Sentiment: Hewlett Packard Enterprise announced an expansion of self-driving networks, reinforcing the company’s push into automation and AI-enabled enterprise networking. Hewlett Packard Enterprise (HPE) Announces Expansion of Self-Driving Networks
• Positive Sentiment: Analyst and strategy coverage continues to frame HPE as a high-growth, reasonably valued AI infrastructure stock, with several pieces pointing to attractive PEG metrics and EPS upside. Buy 4 High-Growth GARP Stocks Trading at Attractive PEG
• Positive Sentiment: HPE’s recent earnings beat and raised FY2026 guidance continue to support the bullish narrative, while Wall Street has lifted price targets and multiple firms now rate the stock a Buy or better.
• Negative Sentiment: A recent insider sale by SVP Kirt Karros may create some short-term caution, although the transaction was made under a pre-arranged 10b5-1 trading plan and does not necessarily indicate weaker fundamentals. Hewlett Packard Enterprise (NYSE:HPE) SVP Sells $911,072.50 in 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.