Hewlett Packard Enterprise (NYSE:HPE) SVP Sells $1,186,445.70 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) SVP Jeremy Cox sold 50,061 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $23.70, for a total transaction of $1,186,445.70. Following the sale, the senior vice president owned 26,905 shares in the company, valued at $637,648.50. This represents a 65.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jeremy Cox also recently made the following trade(s):

• On Wednesday, December 10th, Jeremy Cox sold 13,442 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $24.75, for a total transaction of $332,689.50.

Hewlett Packard Enterprise Stock Down 3.3%

NYSE:HPE traded down $0.83 during trading hours on Thursday, hitting $24.43. 28,124,190 shares of the stock traded hands, compared to its average volume of 22,585,941. The firm has a 50 day moving average price of $23.29 and a 200 day moving average price of $21.80. The firm has a market cap of $32.23 billion, a price-to-earnings ratio of -407.10, a PEG ratio of 0.68 and a beta of 1.34. Hewlett Packard Enterprise Company has a fifty-two week low of $11.97 and a fifty-two week high of $26.44. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.Hewlett Packard Enterprise’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.250-2.450 EPS and its Q1 2026 guidance at 0.570-0.610 EPS. Equities research analysts anticipate that Hewlett Packard Enterprise Company will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, December 19th will be given a dividend of $0.1425 per share. The ex-dividend date of this dividend is Friday, December 19th. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 dividend on an annualized basis and a yield of 2.3%. Hewlett Packard Enterprise’s payout ratio is presently -866.67%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on HPE shares. UBS Group increased their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. The Goldman Sachs Group increased their price objective on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. Sanford C. Bernstein began coverage on Hewlett Packard Enterprise in a research report on Tuesday, September 16th. They issued a “market perform” rating and a $24.00 target price on the stock. Finally, Raymond James Financial raised their price target on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the stock a “strong-buy” rating in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $25.53.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several hedge funds and other institutional investors have recently made changes to their positions in HPE. Elliott Investment Management L.P. acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $381,004,000. Jericho Capital Asset Management L.P. acquired a new stake in Hewlett Packard Enterprise in the 3rd quarter valued at approximately $416,900,000. Assenagon Asset Management S.A. increased its position in Hewlett Packard Enterprise by 3,847.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 8,831,262 shares of the technology company’s stock worth $180,599,000 after buying an additional 8,607,523 shares during the period. Schroder Investment Management Group lifted its holdings in shares of Hewlett Packard Enterprise by 192.4% during the second quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock worth $216,754,000 after buying an additional 6,974,083 shares during the last quarter. Finally, Holocene Advisors LP bought a new stake in shares of Hewlett Packard Enterprise in the third quarter valued at approximately $144,468,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.