Short Interest in Hewlett Packard Enterprise Company (NYSE:HPE) Expands By 26.3%

Hewlett Packard Enterprise Company (NYSE:HPE) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 85,937,917 shares, an increase of 26.3% from the December 15th total of 68,068,856 shares. Approximately 6.5% of the shares of the stock are sold short. Based on an average daily volume of 18,857,330 shares, the days-to-cover ratio is presently 4.6 days. Based on an average daily volume of 18,857,330 shares, the days-to-cover ratio is presently 4.6 days. Approximately 6.5% of the shares of the stock are sold short.

Analyst Ratings Changes

A number of research firms recently issued reports on HPE. Piper Sandler began coverage on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price objective for the company. Argus upped their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Citigroup increased their price target on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, UBS Group upped their target price on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $25.53.

Hewlett Packard Enterprise Trading Down 2.3%

Shares of NYSE:HPE traded down $0.50 during mid-day trading on Monday, reaching $21.45. 15,536,987 shares of the company’s stock were exchanged, compared to its average volume of 14,079,442. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. Hewlett Packard Enterprise has a twelve month low of $11.97 and a twelve month high of $26.44. The firm has a market capitalization of $28.63 billion, a price-to-earnings ratio of -357.44, a PEG ratio of 0.59 and a beta of 1.32. The business’s fifty day moving average price is $22.92 and its 200-day moving average price is $22.84.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.58 EPS. 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. On average, research analysts predict that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were given a dividend of $0.1425 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 2.7%. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is currently -950.00%.

Insider Buying and Selling

In other news, EVP John F. Schultz sold 148,501 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the completion of the transaction, the executive vice president owned 248,091 shares of the company’s stock, valued at approximately $6,199,794.09. The trade was a 37.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $24.61, for a total value of $897,280.60. Following the completion of the transaction, the senior vice president owned 18,785 shares in the company, valued at approximately $462,298.85. This represents a 66.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 585,537 shares of company stock worth $14,255,864. 0.36% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Institutional investors have recently modified their holdings of the company. Aberdeen Group plc increased its position in shares of Hewlett Packard Enterprise by 2.1% during the fourth quarter. Aberdeen Group plc now owns 1,979,595 shares of the technology company’s stock worth $47,550,000 after buying an additional 41,593 shares during the period. IVC Wealth Advisors LLC lifted its holdings in Hewlett Packard Enterprise by 4.7% in the fourth quarter. IVC Wealth Advisors LLC now owns 28,473 shares of the technology company’s stock valued at $684,000 after buying an additional 1,291 shares during the period. Kendall Capital Management boosted its position in Hewlett Packard Enterprise by 1.5% during the fourth quarter. Kendall Capital Management now owns 252,224 shares of the technology company’s stock valued at $6,058,000 after acquiring an additional 3,845 shares during the last quarter. Dorato Capital Management acquired a new stake in Hewlett Packard Enterprise during the 4th quarter worth about $381,000. Finally, Abacus Planning Group Inc. raised its position in shares of Hewlett Packard Enterprise by 2.9% in the 4th quarter. Abacus Planning Group Inc. now owns 31,005 shares of the technology company’s stock worth $745,000 after acquiring an additional 863 shares in the last quarter. 80.78% of the stock is owned by 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.