Hewlett Packard Enterprise (NYSE:HPE) Director Gary Reiner Sells 17,000 Shares

Hewlett Packard Enterprise Company (NYSE:HPE) Director Gary Reiner sold 17,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the transaction, the director directly owned 65,072 shares in the company, valued at approximately $3,703,247.52. The trade was a 20.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Hewlett Packard Enterprise Trading Up 1.5%

Shares of NYSE:HPE opened at $56.71 on Thursday. The company has a 50 day moving average of $52.05 and a 200-day moving average of $39.89. The firm has a market cap of $75.28 billion, a P/E ratio of 29.54, a P/E/G ratio of 0.50 and a beta of 1.43. Hewlett Packard Enterprise Company has a twelve month low of $19.84 and a twelve month high of $64.25. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $12.21 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same period last year, the firm posted $0.44 earnings per share. The business’s revenue was up 33.7% on a year-over-year basis. 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, analysts anticipate that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is presently 29.69%.

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of institutional investors and hedge funds have recently modified their holdings of HPE. Capital World Investors purchased a new stake in Hewlett Packard Enterprise during the fourth quarter valued at about $901,751,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $1,027,139,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise during the second quarter valued at approximately $773,225,000. Legal & General Group Plc purchased a new stake in shares of Hewlett Packard Enterprise in the 2nd quarter valued at approximately $512,721,000. Finally, Elliott Investment Management L.P. boosted its stake in Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock worth $652,912,000 after purchasing an additional 8,790,757 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

Hewlett Packard Enterprise News Roundup

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

• Positive Sentiment: AI infrastructure momentum: Market commentary highlights HPE as a potential beneficiary of sustained AI infrastructure spending and the emerging connection between AI and quantum computing. The company is also working with suppliers and improving demand forecasts to manage memory constraints, which could help protect AI-server production and revenue growth. How Agentic AI Could Drive HPE Stock Much Higher
• Positive Sentiment: Sector strength and institutional interest: HPE moved higher alongside Dell and Super Micro as the broader server and AI-equipment group attracted buying. Recent institutional purchases and a consensus “Moderate Buy” rating also support the bullish case. Server Stocks Move Higher
• Neutral Sentiment: Cloud leadership transition: HPE appointed Hitachi Vantara chief Brad Pulfer to lead its cloud business as part of a C-suite reshuffle. The change could improve execution, but investors will likely watch for evidence that it accelerates growth in the GreenLake and cloud operations. HPE C-Suite Shakeup
• Negative Sentiment: Valuation and analyst caution: Evercore lowered HPE to “In Line” after the stock’s sharp year-to-date advance, arguing that the risk-reward balance is less attractive. The downgrade underscores concerns that expectations may already reflect much of the AI opportunity, even though the firm retained a $65 price target. HPE Rating Lowered to In-Line
• Negative Sentiment: Insider selling: CEO Antonio Neri sold 250,000 shares worth approximately $15.1 million under a pre-arranged Rule 10b5-1 plan, while Director Gary Reiner sold 17,000 shares for about $967,000. The planned CEO transaction reduces its signaling value, but the sales may add pressure after HPE’s substantial rally. HPE SEC Insider Filing

Analyst Ratings Changes

HPE has been the topic of a number of research reports. Susquehanna boosted their price objective on Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Argus reaffirmed a “buy” rating and set a $70.00 target price on shares of Hewlett Packard Enterprise in a research note on Friday, September 4th. Barclays lifted their target price on Hewlett Packard Enterprise from $67.00 to $79.00 and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Citigroup boosted their price target 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. Finally, Evercore downgraded shares of Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 price target for the company. in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.18.

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.