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 firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $23.70, for a total value of $1,186,445.70. Following the transaction, the senior vice president owned 26,905 shares of the company’s stock, valued at approximately $637,648.50. The trade was a 65.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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 value of $332,689.50.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $23.73 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. Hewlett Packard Enterprise Company has a 1-year low of $11.97 and a 1-year high of $26.44. The business has a 50 day simple moving average of $23.28 and a two-hundred day simple moving average of $21.89. The stock has a market capitalization of $31.30 billion, a PE ratio of -395.35, a P/E/G ratio of 0.65 and a beta of 1.34.

Hewlett Packard Enterprise (NYSE:HPE) last posted its earnings results on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. During the same period in the prior year, the company earned $0.58 EPS. The company’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. On average, research analysts predict that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, December 19th will be issued a $0.1425 dividend. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.4%. Hewlett Packard Enterprise’s payout ratio is presently -866.67%.

Institutional Trading of Hewlett Packard Enterprise

A number of hedge funds and other institutional investors have recently bought and sold shares of HPE. TFC Financial Management Inc. boosted its stake in shares of Hewlett Packard Enterprise by 2,694.4% during the third quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock valued at $25,000 after purchasing an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Hewlett Packard Enterprise by 176.7% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after buying an additional 666 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at about $26,000. Zions Bancorporation National Association UT bought a new position in Hewlett Packard Enterprise in the 1st quarter worth about $27,000. Finally, CVA Family Office LLC increased its position in shares of Hewlett Packard Enterprise by 126.7% during the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after acquiring an additional 803 shares during the period. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Analyst Ratings Changes

HPE has been the subject of a number of analyst reports. Raymond James Financial increased their price target on shares of Hewlett Packard Enterprise from $29.00 to $30.00 and gave the company a “strong-buy” rating in a report on Thursday, September 4th. Bank of America raised their price objective on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Zacks Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Susquehanna increased their price target on Hewlett Packard Enterprise from $16.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, September 4th. Finally, Barclays lifted their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. One 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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.