Hewlett Packard Enterprise (NYSE:HPE) EVP Fidelma Russo Sells 126,512 Shares

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Fidelma Russo sold 126,512 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $24.61, for a total value of $3,113,460.32. Following the completion of the transaction, the executive vice president owned 51,002 shares of the company’s stock, valued at $1,255,159.22. This represents a 71.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Hewlett Packard Enterprise Stock Up 0.6%

HPE traded up $0.15 during trading hours on Monday, hitting $24.02. 32,245,317 shares of the company’s stock were exchanged, compared to its average volume of 22,753,463. The stock has a market cap of $31.70 billion, a price-to-earnings ratio of -400.30, a PEG 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. The stock’s 50-day moving average is $23.28 and its two-hundred day moving average is $21.92. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72.

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

Hewlett Packard Enterprise Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, December 19th. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is currently -950.00%.

Analyst Ratings Changes

HPE has been the subject of several recent research reports. Argus increased their price target on Hewlett Packard Enterprise from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. UBS Group boosted their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Morgan Stanley restated an “equal weight” rating and issued a $25.00 target price (down previously from $28.00) on shares of Hewlett Packard Enterprise in a report on Monday, November 17th. Raymond James Financial lifted their price objective on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the stock a “strong-buy” rating in a research report on Thursday, September 4th. Finally, The Goldman Sachs Group raised their target price on Hewlett Packard Enterprise from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $25.53.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Elliott Investment Management L.P. purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $381,004,000. Jericho Capital Asset Management L.P. bought a new stake in Hewlett Packard Enterprise in the 3rd quarter worth approximately $416,900,000. Assenagon Asset Management S.A. grew its position in Hewlett Packard Enterprise by 3,847.1% during the second quarter. Assenagon Asset Management S.A. now owns 8,831,262 shares of the technology company’s stock valued at $180,599,000 after acquiring an additional 8,607,523 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of Hewlett Packard Enterprise by 192.4% in the 2nd quarter. Schroder Investment Management Group now owns 10,599,242 shares of the technology company’s stock valued at $216,754,000 after purchasing an additional 6,974,083 shares in the last quarter. Finally, Holocene Advisors LP bought a new position in shares of Hewlett Packard Enterprise during the 3rd quarter valued at $144,468,000. Institutional investors 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.