Insider Selling: Hewlett Packard Enterprise (NYSE:HPE) EVP Sells 84,676 Shares of Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP John Schultz sold 84,676 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $23.15, for a total value of $1,960,249.40. Following the completion of the transaction, the executive vice president directly owned 338,685 shares in the company, valued at approximately $7,840,557.75. This represents a 20.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Hewlett Packard Enterprise Trading Up 3.8%

Shares of NYSE:HPE traded up $0.91 during midday trading on Tuesday, hitting $24.77. The company had a trading volume of 31,512,131 shares, compared to its average volume of 27,912,458. 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 Company has a 12 month low of $11.97 and a 12 month high of $26.44. The firm has a fifty day simple moving average of $23.28 and a 200 day simple moving average of $21.73. The stock has a market cap of $32.69 billion, a price-to-earnings ratio of -412.81, a PEG ratio of 0.66 and a beta of 1.34.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. During the same quarter last year, the business posted $0.58 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. 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. On average, analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on HPE shares. Citigroup lifted their price target on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, October 6th. Barclays increased their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. UBS Group boosted their price objective on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Susquehanna increased their target price on Hewlett Packard Enterprise from $16.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, September 4th. Finally, Zacks Research cut Hewlett Packard Enterprise from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $25.25.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Shell Asset Management Co. lifted its stake in Hewlett Packard Enterprise by 42.4% in the second quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock worth $2,388,000 after purchasing an additional 34,801 shares during the last quarter. Strs Ohio purchased a new position in shares of Hewlett Packard Enterprise in the first quarter worth about $15,663,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $2,522,000. Swiss National Bank boosted its holdings in Hewlett Packard Enterprise by 7.2% during the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock valued at $81,315,000 after acquiring an additional 266,600 shares during the period. Finally, MUFG Securities EMEA plc grew its position in Hewlett Packard Enterprise by 80.3% during the 2nd quarter. MUFG Securities EMEA plc now owns 1,122,999 shares of the technology company’s stock worth $22,965,000 after acquiring an additional 499,999 shares during the last quarter. 80.78% of the stock is owned by institutional investors.

About Hewlett Packard Enterprise

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.