Hewlett Packard Enterprise (NYSE:HPE) Issues Earnings Results, Beats Estimates By $0.05 EPS

Hewlett Packard Enterprise (NYSE:HPE) released its quarterly earnings data on Tuesday. The technology company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.05, RTT News reports. Hewlett Packard Enterprise had a return on equity of 8.94% and a net margin of 8.56%. The firm had revenue of $7.63 billion for the quarter, compared to analysts’ expectations of $7.51 billion. During the same period in the prior year, the firm posted $0.42 earnings per share. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. Hewlett Packard Enterprise updated its FY 2025 guidance to 1.780-1.900 EPS and its Q3 2025 guidance to 0.400-0.450 EPS.

Hewlett Packard Enterprise Stock Performance

NYSE HPE opened at $17.89 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.29 and a quick ratio of 0.99. Hewlett Packard Enterprise has a 1 year low of $11.97 and a 1 year high of $24.66. The company has a market capitalization of $23.50 billion, a PE ratio of 9.42, a P/E/G ratio of 2.03 and a beta of 1.29. The company has a fifty day moving average of $16.09 and a two-hundred day moving average of $19.08.

Hewlett Packard Enterprise Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a $0.13 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.52 annualized dividend and a yield of 2.91%. Hewlett Packard Enterprise’s dividend payout ratio is presently 25.37%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Bethany Mayer sold 6,409 shares of the company’s stock in a transaction on Friday, April 4th. The shares were sold at an average price of $13.19, for a total value of $84,534.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.36% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hewlett Packard Enterprise

A hedge fund recently raised its stake in Hewlett Packard Enterprise stock. Empowered Funds LLC raised its stake in Hewlett Packard Enterprise (NYSE:HPE) by 317.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,810 shares of the technology company’s stock after acquiring an additional 113,906 shares during the period. Empowered Funds LLC’s holdings in Hewlett Packard Enterprise were worth $2,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 80.78% of the company’s stock.

Analyst Upgrades and Downgrades

HPE has been the topic of a number of research analyst reports. UBS Group boosted their target price on Hewlett Packard Enterprise from $16.00 to $18.00 and gave the company a “neutral” rating in a research report on Wednesday. Wall Street Zen lowered Hewlett Packard Enterprise from a “buy” rating to a “hold” rating in a research report on Friday, March 7th. Loop Capital cut their target price on Hewlett Packard Enterprise from $24.00 to $16.00 and set a “hold” rating on the stock in a research report on Monday, March 10th. Morgan Stanley boosted their target price on Hewlett Packard Enterprise from $14.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 20th. Finally, Evercore ISI raised Hewlett Packard Enterprise from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $17.00 to $22.00 in a research report on Tuesday, May 20th. Nine equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $21.33.

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.