Shares of Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) have received an average recommendation of “Moderate Buy” from the twenty-one research firms that are covering the company, Marketbeat reports. Nine analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $64.6471.
A number of analysts have issued reports on the company. Raymond James Financial raised their price target on Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. UBS Group raised their price target on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Susquehanna raised their price target on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Wells Fargo & Company raised their price target on Hewlett Packard Enterprise from $26.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 2nd. Finally, Weiss Ratings upgraded Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd.
Check Out Our Latest Analysis on HPE
Hewlett Packard Enterprise Stock Up 3.0%
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.25. Hewlett Packard Enterprise had a return on equity of 11.91% and a net margin of 3.94%.The firm had revenue of $10.68 billion for the quarter, compared to analyst estimates of $9.78 billion. During the same period last year, the company earned ($0.82) EPS. The firm’s quarterly revenue was up 40.0% on a year-over-year basis. 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. On average, research analysts forecast that Hewlett Packard Enterprise will post 2.88 EPS for the current year.
Hewlett Packard Enterprise Dividend Announcement
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. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 53.27%.
Hewlett Packard Enterprise News Summary
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: Zacks Research upgraded Hewlett Packard Enterprise from “hold” to “strong-buy”, a direct bullish catalyst that can attract momentum and upgrade-driven buying. Zacks upgrade report
- Positive Sentiment: Several Zacks articles placed HPE on Strong Buy lists for momentum and income investors, reinforcing the view that the stock has favorable technical and style-score support. Best Momentum Stocks to Buy for June 11th
- Positive Sentiment: Wall Street analyst coverage cited potential upside of about 47%, suggesting the market may be re-rating HPE higher on improved earnings estimates and valuation arguments. Analyst upside article
- Neutral Sentiment: InvestorPlace published a broader AI-investing commentary about “the next Nvidia,” which does not specifically change HPE fundamentals but reflects continued market enthusiasm for AI-related hardware and infrastructure names. InvestorPlace AI commentary
- Neutral Sentiment: An MSN piece asked whether HPE is a buy, sell, or hold after Q1 earnings; this is more of a valuation check than a new catalyst, but it keeps the post-earnings debate active. MSN buy/sell/hold article
Insider Buying and Selling
In other news, EVP Fidelma Russo sold 34,001 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $25.08, for a total value of $852,745.08. Following the transaction, the executive vice president directly owned 17,001 shares in the company, valued at $426,385.08. This trade represents a 66.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Bethany Mayer sold 6,482 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $29.10, for a total value of $188,626.20. Following the completion of the transaction, the director owned 8,018 shares in the company, valued at approximately $233,323.80. This trade represents a 44.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 702,402 shares of company stock worth $18,440,171. Corporate insiders own 0.44% of the company’s stock.
Hedge Funds Weigh In On Hewlett Packard Enterprise
A number of large investors have recently modified their holdings of HPE. Headlands Technologies LLC purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. raised its holdings in shares of Hewlett Packard Enterprise by 159.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after purchasing an additional 716 shares during the period. Union Savings Bank purchased a new position in shares of Hewlett Packard Enterprise in the 4th quarter worth about $30,000. Reflection Asset Management purchased a new stake in shares of Hewlett Packard Enterprise during the 4th quarter valued at about $31,000. Finally, Clearstead Trust LLC raised its holdings in shares of Hewlett Packard Enterprise by 93.8% during the 3rd quarter. Clearstead Trust LLC now owns 1,291 shares of the technology company’s stock valued at $32,000 after buying an additional 625 shares during the period. 80.78% of the stock is currently owned by hedge funds and other institutional investors.
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.
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