Hewlett Packard Enterprise (NYSE:HPE) EVP Maeve Culloty Sells 35,958 Shares

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Maeve Culloty sold 35,958 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $24.66, for a total value of $886,724.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Hewlett Packard Enterprise Stock Up 0.6%

Shares of HPE stock traded up $0.15 on Monday, hitting $24.02. 32,245,317 shares of the stock were exchanged, compared to its average volume of 22,753,463. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $31.70 billion, a P/E ratio of -400.30, a price-to-earnings-growth ratio of 0.65 and a beta of 1.34. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44. The business has a 50-day moving average of $23.28 and a 200 day moving average of $21.92.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The firm had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. During the same period last year, the company earned $0.58 earnings per share. The business’s revenue was up 14.7% compared to the same quarter last year. 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. Equities analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 EPS 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. Investors of record on Friday, December 19th will be issued 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 of this dividend is Friday, December 19th. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is presently -950.00%.

Wall Street Analyst Weigh In

HPE has been the topic of several research reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $25.00 target price (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Susquehanna increased their target price on shares of Hewlett Packard Enterprise from $16.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, September 4th. Piper Sandler started coverage on Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 price target for the company. Barclays raised their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. Finally, The Goldman Sachs Group lifted their price target on shares of Hewlett Packard Enterprise from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $25.53.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HPE. Allworth Financial LP lifted its stake in shares of Hewlett Packard Enterprise by 5.6% in the third quarter. Allworth Financial LP now owns 54,213 shares of the technology company’s stock valued at $1,331,000 after buying an additional 2,858 shares in the last quarter. Swiss Life Asset Management Ltd grew its stake in Hewlett Packard Enterprise by 18.5% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 252,471 shares of the technology company’s stock valued at $6,201,000 after purchasing an additional 39,487 shares during the period. Groupama Asset Managment purchased a new stake in Hewlett Packard Enterprise during the third quarter worth about $574,000. Polar Asset Management Partners Inc. bought a new stake in shares of Hewlett Packard Enterprise in the 3rd quarter worth approximately $14,256,000. Finally, Investment Research Partners LLC purchased a new position in shares of Hewlett Packard Enterprise during the 3rd quarter valued at $522,000. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.