Hewlett Packard Enterprise Company (NYSE:HPE) Receives Consensus Recommendation of “Hold” from Brokerages

Hewlett Packard Enterprise Company (NYSE:HPEGet Free Report) has earned an average rating of “Hold” from the twenty-one analysts that are presently covering the company, MarketBeat Ratings reports. Twelve investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $25.5294.

Several analysts have weighed in on HPE shares. Morgan Stanley reiterated an “equal weight” rating and set a $25.00 target price (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research note on Monday, November 17th. The Goldman Sachs Group assumed coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 price target for the company. UBS Group boosted their price objective on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Weiss Ratings reissued a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Finally, Barclays lifted their target price on Hewlett Packard Enterprise from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th.

Read Our Latest Stock Analysis on HPE

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock opened at $23.64 on Monday. 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 stock has a market capitalization of $31.55 billion, a price-to-earnings ratio of -393.93, a PEG ratio of 0.65 and a beta of 1.33. Hewlett Packard Enterprise has a one year low of $11.97 and a one year high of $26.44. The company’s 50-day simple moving average is $22.98 and its 200-day simple moving average is $22.94.

Hewlett Packard Enterprise (NYSE:HPEGet Free Report) last announced its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. The firm had revenue of $9.68 billion for 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 revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 analysts anticipate that Hewlett Packard Enterprise will post 1.85 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, December 19th were paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, December 19th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is currently -950.00%.

Insider Transactions at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 26,457 shares of the firm’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $24.49, for a total value of $647,931.93. Following the sale, the chief executive officer directly owned 2,101,761 shares in the company, valued at approximately $51,472,126.89. This trade represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeremy Cox sold 13,463 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.68, for a total transaction of $332,266.84. The disclosure for this sale is available in the SEC filing. Insiders sold 585,537 shares of company stock valued at $14,255,864 over the last three months. 0.36% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several large investors have recently made changes to their positions in HPE. TFC Financial Management Inc. boosted its position 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 worth $25,000 after buying an additional 970 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 acquiring an additional 666 shares in the last quarter. Headlands Technologies LLC acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth $26,000. CVA Family Office LLC grew its stake in shares of Hewlett Packard Enterprise by 126.7% in the second quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after purchasing an additional 803 shares in the last quarter. Finally, Chilton Capital Management LLC acquired a new position in shares of Hewlett Packard Enterprise during the third quarter valued at $30,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

About Hewlett Packard Enterprise

(Get Free Report)

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.

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Analyst Recommendations for Hewlett Packard Enterprise (NYSE:HPE)

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