Hewlett Packard Enterprise (NYSE:HPE) Price Target Raised to $66.00

Hewlett Packard Enterprise (NYSE:HPE) had its price objective boosted by UBS Group from $59.00 to $66.00 in a report released on Thursday morning,Benzinga reports. They currently have a neutral rating on the technology company’s stock.

HPE has been the subject of several other reports. Citigroup lifted their price objective on Hewlett Packard Enterprise from $74.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Raymond James Financial increased their target price on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Barclays raised their price target on Hewlett Packard Enterprise from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday. Argus reissued a “buy” rating and issued a $70.00 price target on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. Finally, Wells Fargo & Company upped their price objective on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $72.06.

Hewlett Packard Enterprise Stock Performance

NYSE:HPE opened at $69.39 on Thursday. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. The firm has a 50-day moving average price of $55.81 and a two-hundred day moving average price of $43.24. Hewlett Packard Enterprise has a twelve month low of $19.84 and a twelve month high of $70.29. The company has a market capitalization of $92.12 billion, a P/E ratio of 36.14, a price-to-earnings-growth ratio of 0.62 and a beta of 1.39.

Hewlett Packard Enterprise (NYSE:HPE) last announced its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a net margin of 6.60% and a return on equity of 15.50%. The company had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same quarter in the previous year, the business posted $0.44 earnings per share. The firm’s quarterly revenue was up 33.7% compared to the same quarter last year. 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. As a group, research analysts expect that Hewlett Packard Enterprise will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be paid a $0.1425 dividend. This represents a $0.57 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s payout ratio is presently 29.69%.

Insider Buying and Selling at Hewlett Packard Enterprise

In other Hewlett Packard Enterprise news, Director Gary M. Reiner sold 17,000 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director owned 65,072 shares of the company’s stock, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Rami Rahim sold 34,456 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $61.42, for a total value of $2,116,287.52. Following the sale, the executive vice president owned 875,133 shares in the company, valued at $53,750,668.86. This trade represents a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 301,456 shares of company stock worth $18,193,758. Insiders own 0.44% of the company’s stock.

Institutional Trading of Hewlett Packard Enterprise

A number of hedge funds have recently added to or reduced their stakes in the business. Capital World Investors acquired a new stake in shares of Hewlett Packard Enterprise during the 4th quarter worth $901,751,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Hewlett Packard Enterprise in the second quarter valued at $1,027,139,000. Primecap Management Co. CA purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at about $773,225,000. Legal & General Group Plc purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at about $512,721,000. Finally, Elliott Investment Management L.P. increased its stake in Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after acquiring an additional 8,790,757 shares during the last quarter. 80.78% of the stock is owned by institutional investors and hedge funds.

More Hewlett Packard Enterprise News

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

• Positive Sentiment: HPE secured a $1.2 billion order from cloud provider Vultr for systems based on AMD’s Helios AI rack platform. The deal is HPE’s first announced Helios order and reinforces its role in supplying high-performance infrastructure for AI data centers. HPE AMD deal coverage
• Positive Sentiment: At its investor event, HPE raised its long-term networking revenue outlook, citing robust AI-related demand across data-center networking, routing, campus and branch infrastructure, and security. Management said demand continues to exceed supply, supporting expectations for sustained growth. HPE raises networking outlook and lands Vultr order
• Positive Sentiment: Several analysts raised their price targets following the investor day and AI order. Citi increased its target to $92 with a Buy rating, while Barclays, Truist and Morgan Stanley also lifted targets and maintained constructive views. The analyst activity has strengthened the bullish case around HPE’s AI and networking growth. Analyst target changes for HPE
• Neutral Sentiment: Analyst opinion remains mixed after HPE’s powerful rally. Piper Sandler reiterated a Hold rating, while UBS and Wells Fargo retained cautious ratings despite raising their targets. Analysts acknowledge HPE’s AI opportunity but warn that much of the expected growth may already be reflected in the stock’s valuation. Piper Sandler maintains Hold rating
• Neutral Sentiment: Executive Vice President Rami Rahim sold 34,456 shares for approximately $2.1 million under a pre-arranged Rule 10b5-1 trading plan. The sale modestly reduced his holdings but is less concerning because he still owns roughly 875,000 shares. SEC insider trading filing

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, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.