Hewlett Packard Enterprise (NYSE:HPE) EVP Maeve Culloty Sells 35,958 Shares

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Maeve Culloty sold 35,958 shares of Hewlett Packard Enterprise stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $24.66, for a total transaction of $886,724.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $24.02 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.01 and a quick ratio of 0.76. The company’s 50-day moving average is $23.26 and its 200-day moving average is $21.97. The stock has a market capitalization of $31.70 billion, a PE ratio of -400.30, a price-to-earnings-growth ratio of 0.65 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.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings results on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.03. The business had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 expect that Hewlett Packard Enterprise Company will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be issued a dividend of $0.1425 per share. The ex-dividend date is Friday, December 19th. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. This represents a $0.57 annualized dividend and a yield of 2.4%. Hewlett Packard Enterprise’s dividend payout ratio is currently -866.67%.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Several institutional investors and hedge funds have recently bought and sold shares of HPE. Mcintyre Freedman & Flynn Investment Advisers Inc. increased its stake in shares of Hewlett Packard Enterprise by 743.7% during the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock valued at $3,149,000 after buying an additional 135,725 shares during the period. Shell Asset Management Co. boosted its holdings 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 valued at $2,388,000 after acquiring an additional 34,801 shares in the last quarter. Strs Ohio purchased a new position in Hewlett Packard Enterprise during the 1st quarter valued at $15,663,000. Y Intercept Hong Kong Ltd bought a new position in Hewlett Packard Enterprise in the 2nd quarter worth $2,522,000. Finally, Swiss National Bank raised its holdings in Hewlett Packard Enterprise by 7.2% in the 2nd quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock worth $81,315,000 after purchasing an additional 266,600 shares in the last quarter. 80.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HPE has been the subject of a number of analyst reports. Sanford C. Bernstein started coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 16th. They set a “market perform” rating and a $24.00 price objective for the company. Argus raised their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Bank of America boosted their price objective on Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, September 2nd. Raymond James Financial lifted their target price on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the company a “strong-buy” rating in a research report on Thursday, September 4th. Finally, Citigroup increased their price target on Hewlett Packard Enterprise from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $25.53.

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.