Insider Selling: Hewlett Packard Enterprise (NYSE:HPE) EVP Sells $3,113,460.32 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) EVP Fidelma Russo sold 126,512 shares of Hewlett Packard Enterprise stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.61, for a total value of $3,113,460.32. Following the sale, the executive vice president directly owned 51,002 shares of the company’s stock, valued at $1,255,159.22. This trade represents a 71.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Hewlett Packard Enterprise Price Performance

Shares of NYSE:HPE opened at $23.91 on Thursday. Hewlett Packard Enterprise Company has a twelve month low of $11.97 and a twelve month high of $26.44. The company has a current ratio of 1.01, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. The company has a market cap of $31.54 billion, a PE ratio of -398.38, a price-to-earnings-growth ratio of 0.66 and a beta of 1.34. The company’s 50 day moving average is $23.20 and its 200 day moving average is $22.03.

Hewlett Packard Enterprise (NYSE:HPE) last released 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 net margin of 0.17% and a return on equity of 9.15%. The business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.91 billion. During the same period in the prior year, the firm earned $0.58 EPS. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. 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, sell-side analysts forecast that Hewlett Packard Enterprise Company will post 1.85 EPS for the current year.

Hewlett Packard Enterprise Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 19th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, December 19th. This is an increase from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is -866.67%.

Analyst Upgrades and Downgrades

HPE has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hewlett Packard Enterprise in a report on Wednesday, October 8th. Morgan Stanley reaffirmed an “equal weight” rating and set a $25.00 price objective (down previously from $28.00) on shares of Hewlett Packard Enterprise in a research note on Monday, November 17th. UBS Group lifted their target price on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Sanford C. Bernstein began coverage on shares of Hewlett Packard Enterprise in a report on Tuesday, September 16th. They set a “market perform” rating and a $24.00 price target on the stock. Finally, Piper Sandler assumed coverage on shares of Hewlett Packard Enterprise in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $24.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $25.53.

Hedge Funds Weigh In On Hewlett Packard Enterprise

Large investors have recently added to or reduced their stakes in the stock. Mcintyre Freedman & Flynn Investment Advisers Inc. increased its position in shares of Hewlett Packard Enterprise by 743.7% during the second quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 153,975 shares of the technology company’s stock worth $3,149,000 after acquiring an additional 135,725 shares during the period. Caxton Associates LLP grew its stake in Hewlett Packard Enterprise by 106.8% during the 2nd quarter. Caxton Associates LLP now owns 179,024 shares of the technology company’s stock worth $3,661,000 after purchasing an additional 92,438 shares in the last quarter. Shell Asset Management Co. increased its holdings in Hewlett Packard Enterprise by 42.4% during the 2nd 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 during the period. Strs Ohio acquired a new stake in Hewlett Packard Enterprise in the 1st quarter valued at about $15,663,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Hewlett Packard Enterprise in the 2nd quarter valued at about $2,522,000. 80.78% of the stock is currently owned by institutional investors and hedge funds.

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.