Hewlett Packard Enterprise (NYSE:HPE) Stock Price Down 4.4% – Should You Sell?

Hewlett Packard Enterprise Company (NYSE:HPE) shares dropped 4.4% during mid-day trading on Monday. The stock traded as low as $69.51 and last traded at $70.2590. 19,560,827 shares were traded during trading, a decline of 8% from the average session volume of 21,255,357 shares. The stock had previously closed at $73.46.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: Daiwa upgraded HPE to Outperform, providing a counterpoint to the recent downgrade activity. Daiwa upgrades Hewlett Packard Enterprise stock to Outperform
• Positive Sentiment: HPE’s Juniper acquisition is showing signs of strengthening the networking business, while the company continues to benefit from demand tied to AI infrastructure, cloud and networking. Hewlett Packard Enterprise: Fears Mount For Bears As Juniper Acquisition Shows Strength
• Positive Sentiment: HPE remains near its 52-week high after strong momentum, improved sales growth and raised fiscal 2026 and 2027 outlooks. The company also announced a $1.2 billion AI order from cloud provider Vultr and increased its long-term networking growth forecast. What Changed For HPE Stock, And What Did Not?
• Neutral Sentiment: Some analysts continue to identify HPE as a stock with additional upside after its strong run, although this reflects momentum rather than a new company-specific announcement. 4 Stocks Trading Near 52-Week High With Room to Rise Further
• Negative Sentiment: Barclays downgraded HPE from Overweight to Equal Weight and lowered its price target from $83 to $77, citing elevated valuations and a lack of meaningful AI-driven growth. The downgrade also affected Dell and NetApp, pressuring the broader IT hardware group. Why are Dell and HPE stocks plunging today?
• Negative Sentiment: Evercore previously cut HPE to In Line with a $65 target, arguing that the rally had made the shares expensive and left limited room for further valuation expansion. How Evercore’s Valuation-Driven Downgrade At Hewlett Packard Enterprise Has Changed Its Investment Story

Analyst Upgrades and Downgrades

A number of analysts recently commented on HPE shares. Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. Truist Financial reissued a “buy” rating and set a $75.00 target price (up from $70.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, October 1st. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 30th. The Goldman Sachs Group raised their price target on shares of Hewlett Packard Enterprise from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Finally, UBS Group lifted their price objective on shares of Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a “neutral” rating in a research note on Thursday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $65.44.

Hewlett Packard Enterprise Trading Down 8.1%

The stock has a 50-day moving average of $58.98 and a 200 day moving average of $45.75. The stock has a market cap of $83.92 billion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 0.63 and a beta of 1.39. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.93 by $0.18. The business had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The business’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.44 EPS. 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. As a group, sell-side analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors 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 0.9%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 29.69%.

Insider Activity at Hewlett Packard Enterprise

In related news, Director Gary M. Reiner sold 17,000 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the completion of the transaction, the director directly owned 65,072 shares in the company, valued at $3,703,247.52. The trade was a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the completion of the sale, the chief executive officer directly owned 1,432,393 shares in the company, valued at approximately $86,573,832.92. The trade was a 14.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 551,456 shares of company stock worth $35,271,258 over the last three months. Company insiders own 0.44% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

A number of hedge funds have recently modified their holdings of HPE. Foster Group Inc. increased its stake in shares of Hewlett Packard Enterprise by 2.8% in the third quarter. Foster Group Inc. now owns 5,341 shares of the technology company’s stock worth $341,000 after acquiring an additional 146 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Hewlett Packard Enterprise by 1.4% during the second quarter. Baird Financial Group Inc. now owns 15,727 shares of the technology company’s stock worth $709,000 after acquiring an additional 212 shares in the last quarter. Sax Wealth Advisors LLC boosted its position in Hewlett Packard Enterprise by 2.9% during the second quarter. Sax Wealth Advisors LLC now owns 8,782 shares of the technology company’s stock valued at $396,000 after purchasing an additional 244 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Hewlett Packard Enterprise by 5.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 7,180 shares of the technology company’s stock valued at $324,000 after purchasing an additional 355 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its position in Hewlett Packard Enterprise by 4.5% during the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company’s stock valued at $238,000 after purchasing an additional 429 shares during the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

About Hewlett Packard Enterprise

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.