Hewlett Packard Enterprise Company (NYSE:HPE) Receives Average Recommendation of “Hold” from Brokerages

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) have earned an average rating of “Hold” from the twenty-two analysts that are presently covering the firm, MarketBeat.com reports. Fourteen research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $25.5294.

Several analysts have recently weighed in on HPE shares. Raymond James Financial upped their price objective on Hewlett Packard Enterprise from $29.00 to $30.00 and gave the company a “strong-buy” rating in a report on Thursday, September 4th. Barclays boosted their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Morgan Stanley restated 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 report on Monday, November 17th. Citigroup lifted their price objective on shares of Hewlett Packard Enterprise from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Wells Fargo & Company raised their target price on shares of Hewlett Packard Enterprise from $22.00 to $26.00 and gave the stock an “equal weight” rating in a report on Thursday, September 4th.

Insider Activity at Hewlett Packard Enterprise

In related news, EVP John F. Schultz sold 148,501 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.99, for a total value of $3,711,039.99. Following the completion of the transaction, the executive vice president owned 248,091 shares in the company, valued at $6,199,794.09. This trade represents a 37.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Jeremy Cox sold 13,463 shares of Hewlett Packard Enterprise stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $24.68, for a total value of $332,266.84. The disclosure for this sale is available in the SEC filing. Insiders sold 522,620 shares of company stock valued at $12,710,652 over the last ninety days. Company insiders own 0.36% of the company’s stock.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Hedge funds have recently made changes to their positions in the company. Bleakley Financial Group LLC raised its stake in Hewlett Packard Enterprise by 1.0% during the 3rd quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company’s stock valued at $1,045,000 after purchasing an additional 439 shares during the period. Spire Wealth Management boosted its position in shares of Hewlett Packard Enterprise by 7.1% in the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company’s stock worth $164,000 after buying an additional 445 shares during the period. TD Waterhouse Canada Inc. grew its holdings in shares of Hewlett Packard Enterprise by 11.1% during the second quarter. TD Waterhouse Canada Inc. now owns 4,902 shares of the technology company’s stock valued at $100,000 after buying an additional 489 shares in the last quarter. Western Wealth Management LLC raised its position in Hewlett Packard Enterprise by 3.3% during the third quarter. Western Wealth Management LLC now owns 15,253 shares of the technology company’s stock valued at $375,000 after buying an additional 489 shares during the period. Finally, Trust Co. of Vermont lifted its stake in Hewlett Packard Enterprise by 6.4% in the 3rd quarter. Trust Co. of Vermont now owns 8,855 shares of the technology company’s stock worth $217,000 after acquiring an additional 533 shares in the last quarter. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Hewlett Packard Enterprise Trading Up 0.2%

Shares of NYSE:HPE opened at $24.49 on Friday. The company has a 50 day moving average of $23.20 and a 200-day moving average of $22.35. 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 firm has a market cap of $32.69 billion, a P/E ratio of -408.17, a P/E/G ratio of 0.67 and a beta of 1.34. Hewlett Packard Enterprise has a twelve month low of $11.97 and a twelve month high of $26.44.

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

Hewlett Packard Enterprise Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors 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 dividend yield of 2.3%. The ex-dividend date is Friday, December 19th. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. Hewlett Packard Enterprise’s payout ratio is presently -950.00%.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.