Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) fell 3.9% during mid-day trading on Friday. The stock traded as low as $46.96 and last traded at $48.21. 10,572,814 shares were traded during trading, a decline of 49% from the average session volume of 20,803,568 shares. The stock had previously closed at $50.16.
Top Hewlett Packard Enterprise Stories
These are some of the HPE stories that stood out recently:
- Positive Sentiment: HPE retained a Moderate Buy assessment following an earnings beat, reinforcing the positive view among analysts cited in the coverage. Article: Hewlett Packard Enterprise stock keeps Moderate Buy after beat
- Neutral Sentiment: HPE’s shares have gained substantially over the past year, with investors weighing AI servers, Juniper networking and GreenLake recurring revenue against reported legal, tariff and activist-related concerns. The strong prior performance may also raise expectations. Article: What Comes Next For Hewlett Packard Enterprise After A 118% Gain
- Negative Sentiment: A technical analysis article describes bearish pressure testing support and soft momentum, suggesting near-term trading sentiment remains weak despite the longer-term AI growth case. Article: HPE Stock Price Prediction: Bearish pressure tests support
Analyst Upgrades and Downgrades
HPE has been the subject of several research reports. Susquehanna reduced their target price on Hewlett Packard Enterprise from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Friday, September 4th. UBS Group increased their price target on Hewlett Packard Enterprise from $59.00 to $66.00 and gave the stock a “neutral” rating in a report on Thursday, October 1st. Deutsche Bank started coverage on Hewlett Packard Enterprise in a report on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price target on the stock. Evercore lifted their price target on shares of Hewlett Packard Enterprise from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Finally, Daiwa Securities Group upgraded shares of Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $65.00 to $75.00 in a report on Friday, October 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $65.44.
Check Out Our Latest Research Report on HPE
Hewlett Packard Enterprise Price Performance
The business has a 50 day moving average price of $58.85 and a two-hundred day moving average price of $42.08. The stock has a market cap of $64.00 billion, a PE ratio of 25.11, a P/E/G ratio of 0.33 and a beta of 1.46. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last issued its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. Hewlett Packard Enterprise’s revenue was up 33.7% on a year-over-year basis. During the same period last 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. Research analysts expect that Hewlett Packard Enterprise Company will post 3.35 earnings per share for the current fiscal year.
Hewlett Packard Enterprise Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 17th were 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 was Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is presently 29.69%.
Insider Buying and Selling
In related news, Director Gary M. Reiner sold 17,000 shares of the firm’s stock in a transaction dated 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 sale, the director owned 65,072 shares in the company, valued at approximately $3,703,247.52. This trade represents a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Rami Rahim sold 34,456 shares of Hewlett Packard Enterprise stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total transaction of $2,116,287.52. Following the completion of the sale, the executive vice president directly owned 875,133 shares in the company, valued at approximately $53,750,668.86. This represents 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. In the last ninety days, insiders have sold 585,899 shares of company stock valued at $37,270,329. 0.44% of the stock is owned by insiders.
Hedge Funds Weigh In On Hewlett Packard Enterprise
Several institutional investors and hedge funds have recently bought and sold shares of the company. Triumph Capital Management boosted its position in Hewlett Packard Enterprise by 208.6% during the third quarter. Triumph Capital Management now owns 466 shares of the technology company’s stock worth $30,000 after purchasing an additional 315 shares during the period. Ramsey Quantitative Systems purchased a new position in shares of Hewlett Packard Enterprise in the third quarter worth about $31,000. Three Bridge Wealth Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $32,000. Latitude Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $37,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $27,000. 80.78% of the stock is owned by institutional investors.
Hewlett Packard Enterprise Company Profile
Hewlett Packard Enterprise (HPE) is a global information technology company that provides products and services for businesses, governments and other organizations. Its offerings span servers and computing systems, data storage, networking, hybrid cloud, artificial intelligence and edge computing. HPE sells systems such as HPE ProLiant servers and HPE Alletra storage, along with networking products through HPE Aruba Networking. Its HPE GreenLake platform provides cloud and IT services through a flexible, consumption-based model.
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