Hewlett Packard Enterprise Company (NYSE:HPE) Declares $0.14 Quarterly Dividend

Hewlett Packard Enterprise Company (NYSE:HPE) declared a quarterly dividend on Monday, June 1st. Shareholders of record on Tuesday, June 16th will be paid a dividend of 0.1425 per share by the technology company on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, June 16th.

Hewlett Packard Enterprise has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years. Hewlett Packard Enterprise has a payout ratio of 27.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Hewlett Packard Enterprise to earn $2.29 per share next year, which means the company should continue to be able to cover its $0.57 annual dividend with an expected future payout ratio of 24.9%.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $58.35 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $77.42 billion, a P/E ratio of -249.32, a PEG ratio of 1.10 and a beta of 1.28. The business has a 50-day moving average of $29.23 and a 200-day moving average of $24.80. Hewlett Packard Enterprise has a 1 year low of $17.02 and a 1 year high of $47.97.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Monday, June 1st. The technology company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.25. The business had revenue of $10.68 billion for the quarter, compared to the consensus estimate of $9.78 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 revenue for the quarter was up 40.0% on a year-over-year basis. During the same period last year, the company posted ($0.82) EPS. 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, equities analysts anticipate that Hewlett Packard Enterprise will post 1.97 EPS for the current year.

Wall Street Analyst Weigh In

HPE has been the topic of a number of recent analyst reports. Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $38.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday. UBS Group raised their price objective on Hewlett Packard Enterprise from $25.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday. Citigroup lifted their target price on Hewlett Packard Enterprise from $27.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Loop Capital upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a report on Tuesday. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $29.00 price target (down from $30.00) on shares of Hewlett Packard Enterprise in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.82.

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.