Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) CEO Antonio Neri sold 250,000 shares of the stock in a transaction dated Friday, September 11th. The stock was 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 $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hewlett Packard Enterprise Trading Up 0.6%
HPE traded up $0.31 during trading hours on Tuesday, reaching $55.72. 23,295,619 shares of the company’s stock traded hands, compared to its average volume of 21,399,914. Hewlett Packard Enterprise Company has a 52-week low of $19.84 and a 52-week high of $64.25. The firm has a market capitalization of $73.97 billion, a PE ratio of 29.02, a PEG ratio of 0.55 and a beta of 1.43. The firm has a 50-day moving average price of $51.57 and a 200 day moving average price of $39.39. 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 – Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. The firm had revenue of $12.21 billion for 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 revenue for the quarter was up 33.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 earnings per share. 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 predict that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.
Hewlett Packard Enterprise Announces Dividend
Analyst Upgrades and Downgrades
A number of research firms have weighed in on HPE. Susquehanna upped their target price on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Wells Fargo & Company decreased their price target on shares of Hewlett Packard Enterprise from $67.00 to $54.00 and set an “equal weight” rating for the company in a report on Thursday, September 3rd. Loop Capital upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and raised their price objective for the stock from $23.00 to $75.00 in a research note on Tuesday, June 2nd. Weiss Ratings raised shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 4th. Finally, The Goldman Sachs Group upped their price objective on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $69.18.
Read Our Latest Research Report on HPE
Institutional Investors Weigh In On Hewlett Packard Enterprise
Institutional investors and hedge funds have recently made changes to their positions in the stock. Delos Wealth Advisors LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth about $27,000. First Bancorp Inc ME purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $30,000. Transamerica Financial Advisors LLC acquired a new stake in Hewlett Packard Enterprise in the second quarter valued at $37,000. SJS Investment Consulting Inc. raised its position in shares of Hewlett Packard Enterprise by 159.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,165 shares of the technology company’s stock worth $28,000 after acquiring an additional 716 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter worth approximately $56,000. 80.78% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Hewlett Packard Enterprise
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE is being highlighted as a potential beneficiary of the convergence between artificial intelligence and quantum computing. The investment thesis suggests its infrastructure and networking capabilities could support longer-term demand even as investors question the pace of near-term AI spending. AI Slowdown Fears Rise: Buy NVIDIA, HPE That Connect AI and Quantum
- Positive Sentiment: The stock rebounded despite the downgrade, alongside other AI-server companies. Investors may view the pullback as an opportunity after HPE’s substantial year-to-date rally, while Evercore’s maintained $65 price target still implies potential upside from recent levels. Hewlett Packard Enterprise Rises After Evercore ISI Downgrade
- Positive Sentiment: HPE is working with suppliers and improving demand forecasting to manage memory constraints, which could help it fulfill AI infrastructure orders and reduce supply-related execution risks. HPE Combats Memory Constraints With Supplier Help
- Neutral Sentiment: HPE appointed the head of Hitachi Vantara to lead its cloud business, representing a senior leadership change that could influence the company’s cloud strategy but offers no immediate financial impact. HPE C-Suite Shakeup
- Negative Sentiment: Evercore ISI downgraded HPE from Outperform to In Line, citing the stock’s rapid appreciation and a more balanced risk-reward profile. The downgrade drove the prior session’s steep decline and may limit further gains unless earnings and AI demand continue to outperform. Hewlett Packard Enterprise Slides After Evercore ISI Downgrade
- Negative Sentiment: Fresh scrutiny of corporate AI spending is raising concerns that demand could slow after HPE’s major rally, increasing valuation risk for the AI-server maker.
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 and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.
HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.
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