Hewlett Packard Enterprise (NYSE:HPE) Price Target Raised to $92.00

Hewlett Packard Enterprise (NYSE:HPE) had its price objective raised by Citigroup from $76.00 to $92.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock.

A number of other analysts have also commented on HPE. Piper Sandler reissued a “neutral” rating and issued a $57.00 target price (down from $63.00) on shares of Hewlett Packard Enterprise in a report on Thursday, September 3rd. Barclays upped their price target on Hewlett Packard Enterprise from $79.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday. Raymond James Financial increased their price objective on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a research report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft began coverage on Hewlett Packard Enterprise in a report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price objective for the company. Finally, Evercore lowered Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 target price for the company. in a research report on Monday, September 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $72.06.

Hewlett Packard Enterprise Trading Up 7.5%

NYSE:HPE opened at $69.39 on Thursday. The company’s 50 day moving average price is $55.81 and its 200-day moving average price is $43.24. Hewlett Packard Enterprise has a 52 week low of $19.84 and a 52 week high of $70.29. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65. The stock has a market cap of $92.12 billion, a price-to-earnings ratio of 36.14, a PEG ratio of 0.62 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the firm earned $0.44 earnings per share. The firm’s quarterly revenue was up 33.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. On average, equities research analysts forecast that Hewlett Packard Enterprise will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be issued a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is presently 29.69%.

Insider Transactions at Hewlett Packard Enterprise

In other news, CEO Antonio Neri sold 250,000 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $60.44, for a total value of $15,110,000.00. Following the transaction, the chief executive officer directly owned 1,432,393 shares in the company, valued at $86,573,832.92. This trade represents a 14.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total value of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares of the company’s stock, valued at $53,750,668.86. The trade was a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 301,456 shares of company stock worth $18,193,758 in the last ninety days. Insiders own 0.44% of the company’s stock.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Hedge funds and other institutional investors have recently made changes to their positions in the business. Silverleafe Capital Partners LLC bought a new position in shares of Hewlett Packard Enterprise in the 3rd quarter worth approximately $880,000. Polaris Financial Partners bought a new stake in Hewlett Packard Enterprise during the third quarter valued at approximately $282,000. CX Institutional grew its position in Hewlett Packard Enterprise by 15.1% during the third quarter. CX Institutional now owns 23,990 shares of the technology company’s stock valued at $1,533,000 after buying an additional 3,139 shares during the period. Doliver Advisors LP increased its holdings in Hewlett Packard Enterprise by 10.8% during the third quarter. Doliver Advisors LP now owns 10,225 shares of the technology company’s stock valued at $653,000 after buying an additional 1,000 shares during the last quarter. Finally, QRG Capital Management Inc. increased its holdings in Hewlett Packard Enterprise by 148.1% during the second quarter. QRG Capital Management Inc. now owns 446,503 shares of the technology company’s stock valued at $20,142,000 after buying an additional 266,499 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE secured a $1.2 billion order from cloud provider Vultr for systems based on AMD’s Helios AI rack platform. The deal is HPE’s first announced Helios order and reinforces its role in supplying high-performance infrastructure for AI data centers. HPE AMD deal coverage
• Positive Sentiment: At its investor event, HPE raised its long-term networking revenue outlook, citing robust AI-related demand across data-center networking, routing, campus and branch infrastructure, and security. Management said demand continues to exceed supply, supporting expectations for sustained growth. HPE raises networking outlook and lands Vultr order
• Positive Sentiment: Several analysts raised their price targets following the investor day and AI order. Citi increased its target to $92 with a Buy rating, while Barclays, Truist and Morgan Stanley also lifted targets and maintained constructive views. The analyst activity has strengthened the bullish case around HPE’s AI and networking growth. Analyst target changes for HPE
• Neutral Sentiment: Analyst opinion remains mixed after HPE’s powerful rally. Piper Sandler reiterated a Hold rating, while UBS and Wells Fargo retained cautious ratings despite raising their targets. Analysts acknowledge HPE’s AI opportunity but warn that much of the expected growth may already be reflected in the stock’s valuation. Piper Sandler maintains Hold rating
• Neutral Sentiment: Executive Vice President Rami Rahim sold 34,456 shares for approximately $2.1 million under a pre-arranged Rule 10b5-1 trading plan. The sale modestly reduced his holdings but is less concerning because he still owns roughly 875,000 shares. SEC insider trading filing

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.