Hewlett Packard Enterprise Sees Unusually High Options Volume (NYSE:HPE)

Hewlett Packard Enterprise Company (NYSE:HPE) was the recipient of unusually large options trading on Thursday. Investors purchased 102,139 call options on the company. This is an increase of approximately 100% compared to the typical volume of 51,002 call options.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $23.81 on Friday. The firm has a market capitalization of $31.42 billion, a PE ratio of -396.77, a PEG ratio of 0.65 and a beta of 1.34. 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 has a 1-year low of $11.97 and a 1-year high of $26.44. The business’s 50 day moving average is $23.16 and its 200-day moving average is $22.04.

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

Hewlett Packard Enterprise Increases Dividend

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

Wall Street Analysts Forecast Growth

HPE has been the topic of several research analyst reports. UBS Group raised their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Barclays raised their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. The Goldman Sachs Group lifted their price target on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Argus increased their price objective on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Bank of America raised 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 note on Tuesday, September 2nd. One investment 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 company. According to MarketBeat, Hewlett Packard Enterprise currently has an average rating of “Hold” and a consensus price target of $25.53.

Insider Activity at Hewlett Packard Enterprise

In other news, Director Jean M. Hobby sold 29,000 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $23.79, for a total value of $689,910.00. Following the transaction, the director owned 32,279 shares of the company’s stock, valued at $767,917.41. This trade represents a 47.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John F. Schultz sold 148,501 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total transaction of $3,711,039.99. Following the sale, the executive vice president directly owned 248,091 shares of the company’s stock, valued at approximately $6,199,794.09. This represents a 37.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 526,358 shares of company stock valued at $12,804,550. 0.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HPE. Vanguard Group Inc. grew its stake in shares of Hewlett Packard Enterprise by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 171,140,995 shares of the technology company’s stock valued at $4,203,223,000 after purchasing an additional 1,336,940 shares during the period. Geode Capital Management LLC lifted its position in shares of Hewlett Packard Enterprise by 2.2% during the 2nd quarter. Geode Capital Management LLC now owns 34,421,976 shares of the technology company’s stock worth $701,864,000 after buying an additional 724,974 shares during the period. Elliott Investment Management L.P. acquired a new stake in Hewlett Packard Enterprise in the 2nd quarter valued at $381,004,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Hewlett Packard Enterprise by 15.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,584,742 shares of the technology company’s stock valued at $271,333,000 after acquiring an additional 2,373,850 shares during the period. Finally, Jericho Capital Asset Management L.P. bought a new stake in Hewlett Packard Enterprise in the third quarter valued at $416,900,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

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.