Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, June 3rd. Analysts expect Hewlett Packard Enterprise to post earnings of $0.33 per share and revenue of $7.51 billion for the quarter.
Hewlett Packard Enterprise Stock Down 0.7%
HPE opened at $17.44 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. The stock has a market capitalization of $22.90 billion, a price-to-earnings ratio of 9.18, a price-to-earnings-growth ratio of 2.03 and a beta of 1.29. The business has a 50-day moving average of $15.89 and a two-hundred day moving average of $19.24. Hewlett Packard Enterprise has a 12 month low of $11.97 and a 12 month high of $24.66.
Hewlett Packard Enterprise Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, April 18th. Shareholders of record on Friday, March 21st were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend was Friday, March 21st. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 25.37%.
Insider Buying and Selling
Hedge Funds Weigh In On Hewlett Packard Enterprise
An institutional investor recently raised its position in Hewlett Packard Enterprise stock. Geneos Wealth Management Inc. raised its holdings in Hewlett Packard Enterprise (NYSE:HPE – Free Report) by 44.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,456 shares of the technology company’s stock after purchasing an additional 1,377 shares during the period. Geneos Wealth Management Inc.’s holdings in Hewlett Packard Enterprise were worth $69,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 80.78% of the company’s stock.
Analysts Set New Price Targets
Several analysts have commented on the company. Barclays lowered their price target on Hewlett Packard Enterprise from $27.00 to $20.00 and set an “overweight” rating for the company in a report on Friday, March 7th. Loop Capital lowered their price target on Hewlett Packard Enterprise from $24.00 to $16.00 and set a “hold” rating for the company in a report on Monday, March 10th. Bank of America reduced their price objective on Hewlett Packard Enterprise from $26.00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Susquehanna reduced their price objective on Hewlett Packard Enterprise from $20.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. Finally, Wall Street Zen lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research note on Friday, March 7th. Nine investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and an average target price of $21.13.
Check Out Our Latest Research Report on Hewlett Packard Enterprise
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.
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