Hewlett Packard Enterprise (NYSE:HPE) SVP Sells $911,072.50 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) SVP Kirt Karros sold 18,785 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were 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 is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Price Performance

Hewlett Packard Enterprise stock opened at $46.60 on Friday. Hewlett Packard Enterprise Company has a 12-month low of $18.27 and a 12-month high of $64.25. The stock has a market capitalization of $61.70 billion, a P/E ratio of 43.55, a P/E/G ratio of 0.53 and a beta of 1.42. The firm’s 50-day moving average is $38.24 and its two-hundred day moving average is $28.27. 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 posted its quarterly earnings data 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. Hewlett Packard Enterprise had a net margin of 3.94% and a return on equity of 11.91%. The business had revenue of $10.68 billion during the quarter, compared to analyst estimates of $9.78 billion. During the same quarter in the previous year, the business posted ($0.82) earnings per share. The company’s 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. Equities analysts predict that Hewlett Packard Enterprise Company will post 2.88 earnings per share for the current year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Hewlett Packard Enterprise’s dividend payout ratio is currently 53.27%.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: HPE continues to get support from bullish analyst commentary, including multiple price-target increases and upgraded ratings, reflecting confidence in its AI infrastructure, server, and networking growth prospects.
• Positive Sentiment: The company has also been highlighted as a GARP-style pick with an attractive PEG ratio and solid earnings momentum, with recent earnings beating estimates and revenue rising sharply year over year.
• Positive Sentiment: Recent product and strategy coverage has emphasized HPE’s expansion in self-driving networks, zero-trust security, private cloud operations, and its role in AI infrastructure, which could support the long-term growth narrative.
• Neutral Sentiment: Insider activity showed SVP Kirt Karros sold shares under a pre-arranged trading plan, which is not necessarily a negative signal but may add to investor caution amid the recent rally.
• Neutral Sentiment: Commentary asking whether HPE remains “sensible” after a triple-digit rally suggests the stock may be facing valuation concerns after its sharp run-up.
• Negative Sentiment: Whitman’s unexpected departure has created uncertainty around HPE’s strategic direction and leadership at a time when expectations are elevated, helping pressure the stock lower.
• Negative Sentiment: Some recent coverage comparing HPE with peers in AI servers and networking implies investors are reassessing whether the company can keep outperforming amid intense competition and mixed sentiment around AI spending.

Institutional Trading of Hewlett Packard Enterprise

A number of institutional investors have recently modified their holdings of HPE. Vanguard Group Inc. lifted its position in Hewlett Packard Enterprise by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 173,058,714 shares of the technology company’s stock valued at $4,156,870,000 after buying an additional 1,917,719 shares in the last quarter. Capital World Investors acquired a new stake in shares of Hewlett Packard Enterprise in the fourth quarter worth $901,751,000. Geode Capital Management LLC raised its stake in shares of Hewlett Packard Enterprise by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 34,869,143 shares of the technology company’s stock valued at $835,626,000 after acquiring an additional 431,728 shares during the period. Elliott Investment Management L.P. lifted its holdings in shares of Hewlett Packard Enterprise by 47.2% during the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after acquiring an additional 8,790,757 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Hewlett Packard Enterprise during the 4th quarter valued at $433,537,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Wall Street Analysts Forecast Growth

HPE has been the topic of several recent analyst reports. Weiss Ratings upgraded Hewlett Packard Enterprise from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Argus increased their price objective on shares of Hewlett Packard Enterprise from $30.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Truist Financial restated a “buy” rating and issued a $69.00 target price (up from $31.00) on shares of Hewlett Packard Enterprise in a report on Tuesday, June 2nd. Loop Capital raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and upped their price target for the stock from $23.00 to $75.00 in a research report on Tuesday, June 2nd. Finally, Raymond James Financial increased their price target on shares of Hewlett Packard Enterprise from $29.00 to $74.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $64.65.

About Hewlett Packard Enterprise

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.