Hewlett Packard Enterprise Company (NYSE:HPE – Get Free Report) CEO Antonio Neri sold 250,000 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $60.44, for a total transaction of $15,110,000.00. Following the transaction, the chief executive officer owned 1,432,393 shares of the company’s stock, valued at $86,573,832.92. This trade represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hewlett Packard Enterprise Price Performance
NYSE HPE traded up $0.31 during trading on Tuesday, reaching $55.72. The company’s stock had a trading volume of 23,295,619 shares, compared to its average volume of 21,399,914. Hewlett Packard Enterprise Company has a one year low of $19.84 and a one year high of $64.25. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72. The stock has a market capitalization of $73.97 billion, a PE ratio of 29.02, a P/E/G ratio of 0.55 and a beta of 1.43. The firm has a fifty day moving average of $51.57 and a 200 day moving average of $39.39.
Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.18. The business had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. Hewlett Packard Enterprise’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period last year, the firm posted $0.44 earnings per share. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. Analysts expect that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.
Hewlett Packard Enterprise Dividend Announcement
Hewlett Packard Enterprise News Roundup
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: HPE is being highlighted as a potential beneficiary of the convergence between artificial intelligence and quantum computing. The investment thesis suggests its infrastructure and networking capabilities could support longer-term demand even as investors question the pace of near-term AI spending. AI Slowdown Fears Rise: Buy NVIDIA, HPE That Connect AI and Quantum
- Positive Sentiment: The stock rebounded despite the downgrade, alongside other AI-server companies. Investors may view the pullback as an opportunity after HPE’s substantial year-to-date rally, while Evercore’s maintained $65 price target still implies potential upside from recent levels. Hewlett Packard Enterprise Rises After Evercore ISI Downgrade
- Positive Sentiment: HPE is working with suppliers and improving demand forecasting to manage memory constraints, which could help it fulfill AI infrastructure orders and reduce supply-related execution risks. HPE Combats Memory Constraints With Supplier Help
- Neutral Sentiment: HPE appointed the head of Hitachi Vantara to lead its cloud business, representing a senior leadership change that could influence the company’s cloud strategy but offers no immediate financial impact. HPE C-Suite Shakeup
- Negative Sentiment: Evercore ISI downgraded HPE from Outperform to In Line, citing the stock’s rapid appreciation and a more balanced risk-reward profile. The downgrade drove the prior session’s steep decline and may limit further gains unless earnings and AI demand continue to outperform. Hewlett Packard Enterprise Slides After Evercore ISI Downgrade
- Negative Sentiment: Fresh scrutiny of corporate AI spending is raising concerns that demand could slow after HPE’s major rally, increasing valuation risk for the AI-server maker.
Hedge Funds Weigh In On Hewlett Packard Enterprise
Institutional investors have recently bought and sold shares of the stock. Tidal Investments LLC lifted its holdings in Hewlett Packard Enterprise by 552.7% during the second quarter. Tidal Investments LLC now owns 800,103 shares of the technology company’s stock valued at $36,093,000 after purchasing an additional 677,528 shares in the last quarter. BlueCrest Capital Management Ltd boosted its holdings in shares of Hewlett Packard Enterprise by 105.8% during the 2nd quarter. BlueCrest Capital Management Ltd now owns 201,015 shares of the technology company’s stock valued at $9,068,000 after purchasing an additional 103,323 shares during the last quarter. Engineers Gate Manager LP purchased a new position in Hewlett Packard Enterprise during the 2nd quarter valued at approximately $13,408,000. SVB Wealth LLC purchased a new position in shares of Hewlett Packard Enterprise in the second quarter valued at $237,000. Finally, Insight Wealth Partners LLC bought a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter worth about $299,000. 80.78% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of research firms have recently weighed in on HPE. Evercore lowered Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 target price for the company. in a research note on Monday. Citigroup raised their target price on shares of Hewlett Packard Enterprise from $74.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Weiss Ratings raised Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. Morgan Stanley decreased their target price on shares of Hewlett Packard Enterprise from $69.00 to $67.00 and set an “overweight” rating for the company in a research note on Thursday, September 3rd. Finally, The Goldman Sachs Group upped their price target on shares of Hewlett Packard Enterprise from $32.00 to $79.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Hewlett Packard Enterprise has a consensus rating of “Moderate Buy” and a consensus target price of $69.18.
Read Our Latest Research Report on Hewlett Packard Enterprise
Hewlett Packard Enterprise Company Profile
Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.
HPE’s portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.
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