Hewlett Packard Enterprise (NYSE:HPE) Now Covered by Analysts at Truist Financial

Truist Financial started coverage on shares of Hewlett Packard Enterprise (NYSE:HPE) in a research report released on Tuesday, MarketBeat Ratings reports. The firm issued a buy rating and a $31.00 target price on the technology company’s stock.

Several other research firms have also recently commented on HPE. Bank of America increased their target price on Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Wall Street Zen upgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Argus upped their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Zacks Research upgraded shares of Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Citigroup raised their price objective on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Hewlett Packard Enterprise presently has a consensus rating of “Moderate Buy” and an average price target of $26.76.

Hewlett Packard Enterprise Stock Up 5.2%

Shares of Hewlett Packard Enterprise stock opened at $23.79 on Tuesday. Hewlett Packard Enterprise has a 1-year low of $11.97 and a 1-year high of $26.44. The company has a market capitalization of $31.57 billion, a PE ratio of -125.21, a P/E/G ratio of 0.58 and a beta of 1.31. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.03 and a quick ratio of 0.75. The business has a 50-day moving average of $22.10 and a 200-day moving average of $23.01.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Monday, March 9th. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. Hewlett Packard Enterprise had a positive return on equity of 9.93% and a negative net margin of 0.41%.The business had revenue of $9.30 billion for the quarter, compared to analysts’ expectations of $9.31 billion. During the same quarter in the previous year, the firm posted $0.49 earnings per share. The company’s revenue was up 18.4% compared to the same quarter last year. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. As a group, equities analysts forecast that Hewlett Packard Enterprise will post 1.85 EPS for the current fiscal year.

Hewlett Packard Enterprise Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Tuesday, March 24th will be given a $0.1425 dividend. The ex-dividend date is Tuesday, March 24th. This represents a $0.57 annualized dividend and a dividend yield of 2.4%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently -300.00%.

Insider Activity

In other Hewlett Packard Enterprise news, CEO Antonio F. Neri sold 264,432 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.18, for a total value of $6,658,397.76. Following the completion of the transaction, the chief executive officer owned 1,837,329 shares of the company’s stock, valued at $46,263,944.22. The trade was a 12.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Neil B. Macdonald sold 112,652 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $25.09, for a total transaction of $2,826,438.68. Following the sale, the executive vice president owned 56,494 shares of the company’s stock, valued at approximately $1,417,434.46. The trade was a 66.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 411,085 shares of company stock worth $10,337,582. 0.44% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Investment Research Partners LLC raised its stake in Hewlett Packard Enterprise by 2.0% during the fourth quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company’s stock worth $527,000 after acquiring an additional 423 shares during the period. Bleakley Financial Group LLC boosted its stake in Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after acquiring an additional 439 shares during the period. Spire Wealth Management grew its holdings in shares of Hewlett Packard Enterprise by 7.1% during the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock valued at $164,000 after purchasing an additional 445 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in shares of Hewlett Packard Enterprise by 0.6% during the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company’s stock valued at $1,940,000 after purchasing an additional 448 shares during the last quarter. Finally, JFS Wealth Advisors LLC raised its position in shares of Hewlett Packard Enterprise by 40.5% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,565 shares of the technology company’s stock worth $38,000 after purchasing an additional 451 shares during the period. 80.78% of the stock is currently owned by institutional investors.

Trending Headlines about Hewlett Packard Enterprise

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE launched a batch of security and AI-infrastructure offerings (AI governance tools, confidential computing, post‑quantum features and edge carrier-grade security) aimed at accelerating enterprise AI adoption — a clear product-led growth catalyst if customers scale deployments. HPE Announces Significant Security Updates
• Positive Sentiment: HPE’s broader security/AI push and new Juniper SRX400 firewall integrations reinforce cross-sell into existing data-center and networking customers, supporting revenue mix improvement and margin leverage over time. HPE Security And AI Push Raises Questions On Value And Growth Potential
• Positive Sentiment: Truist initiated coverage with a Buy and $31 price target — an analyst signal that can attract momentum buyers and supports upside expectations. Truist Initiates Coverage (Benzinga)
• Positive Sentiment: Institutional buying: Ariel Global Fund (Ariel Investments) disclosed a new position in HPE in Q4, indicating fresh institutional interest. Institutional demand can underpin share-price strength if it continues. Ariel Global Fund Initiates Position in HPE
• Neutral Sentiment: Consensus and broker coverage remain constructive but mixed — HPE carries an average “Moderate Buy” from brokerages, which supports the stock but signals varied conviction across sell‑side analysts. Brokerages Rate HPE Moderate Buy
• Neutral Sentiment: Sector dynamics: investor flight from Super Micro (SMCI) after regulatory/indictment headlines is reshuffling AI-infrastructure flows — HPE could benefit indirectly as funds rotate into more stable data-center names, but the impact is partial and not guaranteed. ‘Uninvestable’ Super Micro Sends Investors Racing to the Exits
• Negative Sentiment: Some coverage flags that HPE’s new security/AI offerings raise questions about near‑term value capture and growth sustainability — execution, customer uptake and measurable revenue/EBITDA impact will be watched closely; any disappointment could weigh on the stock. Questions on HPE’s Value and Growth Potential

About Hewlett Packard Enterprise

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.