Hewlett Packard Enterprise (NYSE:HPE) SVP Sells $332,689.50 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) SVP Jeremy Cox sold 13,442 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $24.75, for a total transaction of $332,689.50. Following the completion of the sale, the senior vice president owned 13,463 shares of the company’s stock, valued at approximately $333,209.25. This trade represents a 49.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Jeremy Cox also recently made the following trade(s):

• On Tuesday, December 9th, Jeremy Cox sold 50,061 shares of Hewlett Packard Enterprise stock. The shares were sold at an average price of $23.70, for a total transaction of $1,186,445.70.

Hewlett Packard Enterprise Stock Performance

Shares of NYSE HPE traded down $0.83 during midday trading on Thursday, reaching $24.43. 28,124,190 shares of the company were exchanged, compared to its average volume of 22,585,941. The stock has a market cap of $32.23 billion, a P/E ratio of -407.10, a PEG ratio of 0.68 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 has a fifty day simple moving average of $23.29 and a 200 day simple moving average of $21.80. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Thursday, December 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.59 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.15% and a net margin of 0.17%.The firm had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.91 billion. During the same period in the prior year, the business earned $0.58 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. 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. On average, research analysts forecast 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. Stockholders of record on Friday, December 19th will be paid a $0.1425 dividend. This is a boost from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 19th. This represents a $0.57 annualized dividend and a dividend yield of 2.3%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -866.67%.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Hedge funds have recently modified their holdings of the stock. Shell Asset Management Co. lifted its stake in shares of Hewlett Packard Enterprise by 42.4% during the second quarter. Shell Asset Management Co. now owns 116,797 shares of the technology company’s stock worth $2,388,000 after purchasing an additional 34,801 shares in the last quarter. Strs Ohio acquired a new position in Hewlett Packard Enterprise during the 1st quarter worth approximately $15,663,000. Y Intercept Hong Kong Ltd purchased a new position in Hewlett Packard Enterprise in the 2nd quarter worth approximately $2,522,000. Swiss National Bank grew its position in Hewlett Packard Enterprise by 7.2% in the second quarter. Swiss National Bank now owns 3,976,300 shares of the technology company’s stock valued at $81,315,000 after acquiring an additional 266,600 shares in the last quarter. Finally, MUFG Securities EMEA plc raised its stake in shares of Hewlett Packard Enterprise by 80.3% during the second quarter. MUFG Securities EMEA plc now owns 1,122,999 shares of the technology company’s stock valued at $22,965,000 after purchasing an additional 499,999 shares during the period. 80.78% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Piper Sandler initiated coverage on shares of Hewlett Packard Enterprise in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 target price on the stock. UBS Group lifted their price target on Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 price objective (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research report on Monday, November 17th. Bank of America boosted their price objective on shares of Hewlett Packard Enterprise from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, September 2nd. Finally, Susquehanna increased their target price on shares of Hewlett Packard Enterprise from $16.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $25.53.

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.