Insider Selling: Hewlett Packard Enterprise (NYSE:HPE) SVP Sells $332,266.84 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) SVP Jeremy Cox sold 13,463 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $24.68, for a total value of $332,266.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $24.75, for a total transaction of $332,689.50.
• On Tuesday, December 9th, Jeremy Cox sold 50,061 shares of Hewlett Packard Enterprise stock. The stock was sold at an average price of $23.70, for a total transaction of $1,186,445.70.

Hewlett Packard Enterprise Trading Down 1.6%

Shares of Hewlett Packard Enterprise stock opened at $23.91 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.76 and a current ratio of 1.01. The company has a market capitalization of $31.54 billion, a P/E ratio of -398.38, a PEG ratio of 0.66 and a beta of 1.34. Hewlett Packard Enterprise Company has a 1 year low of $11.97 and a 1 year high of $26.44. The company’s fifty day moving average is $23.20 and its two-hundred day moving average is $22.03.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a net margin of 0.17% and a return on equity of 9.15%. The business had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. During the same quarter in the prior year, the firm earned $0.58 earnings per share. The business’s quarterly 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. Analysts forecast 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 announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be paid a $0.1425 dividend. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.4%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -866.67%.

Hedge Funds Weigh In On Hewlett Packard Enterprise

A number of large investors have recently modified their holdings of the company. Kovitz Investment Group Partners LLC increased its position in Hewlett Packard Enterprise by 199.9% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 302,149 shares of the technology company’s stock worth $4,662,000 after purchasing an additional 201,384 shares in the last quarter. Horizon Investments LLC increased its position in shares of Hewlett Packard Enterprise by 3.7% in the first quarter. Horizon Investments LLC now owns 35,494 shares of the technology company’s stock worth $548,000 after acquiring an additional 1,250 shares in the last quarter. Tocqueville Asset Management L.P. increased its holdings in Hewlett Packard Enterprise by 15.3% in the 1st quarter. Tocqueville Asset Management L.P. now owns 19,739 shares of the technology company’s stock valued at $305,000 after purchasing an additional 2,623 shares in the last quarter. Affinity Investment Advisors LLC raised its stake in shares of Hewlett Packard Enterprise by 19.0% during the first quarter. Affinity Investment Advisors LLC now owns 54,770 shares of the technology company’s stock valued at $845,000 after purchasing an additional 8,740 shares during the period. Finally, Freestone Capital Holdings LLC increased its stake in Hewlett Packard Enterprise by 127.2% during the 1st quarter. Freestone Capital Holdings LLC now owns 26,395 shares of the technology company’s stock worth $407,000 after buying an additional 14,779 shares during the period. 80.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HPE has been the subject of several analyst reports. Barclays upped their price target on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Bank of America upped their price objective on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Argus lifted their target price on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, Hewlett Packard Enterprise presently has an average rating of “Hold” and an average price target of $25.53.

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.