Hewlett Packard Enterprise Company (NYSE:HPE) Receives $25.53 Average Price Target from Brokerages

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) have been given an average rating of “Hold” by the twenty-two brokerages that are presently covering the stock, MarketBeat reports. Thirteen analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $25.5294.

A number of research firms have commented on HPE. Argus raised their price target on shares of Hewlett Packard Enterprise from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Piper Sandler assumed coverage on Hewlett Packard Enterprise in a research note on Wednesday, October 22nd. They issued a “neutral” rating and a $24.00 target price for the company. The Goldman Sachs Group started coverage on Hewlett Packard Enterprise in a research report on Tuesday, January 13th. They issued a “buy” rating and a $31.00 target price for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hewlett Packard Enterprise in a report on Friday, December 26th. Finally, Zacks Research upgraded Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th.

Insider Buying and Selling

In related news, CEO Antonio F. Neri sold 26,457 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $24.49, for a total value of $647,931.93. Following the completion of the sale, the chief executive officer directly owned 2,101,761 shares of the company’s stock, valued at approximately $51,472,126.89. This represents a 1.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Kirt P. Karros sold 36,460 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $24.61, for a total transaction of $897,280.60. Following the transaction, the senior vice president directly owned 18,785 shares in the company, valued at $462,298.85. This represents a 66.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 585,537 shares of company stock worth $14,255,864 over the last ninety days. Insiders own 0.36% of the company’s stock.

Institutional Investors Weigh In On Hewlett Packard Enterprise

A number of institutional investors have recently added to or reduced their stakes in the company. TFC Financial Management Inc. boosted its stake in shares of Hewlett Packard Enterprise by 2,694.4% in the 3rd quarter. TFC Financial Management Inc. now owns 1,006 shares of the technology company’s stock worth $25,000 after buying an additional 970 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in Hewlett Packard Enterprise by 176.7% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,043 shares of the technology company’s stock valued at $26,000 after purchasing an additional 666 shares during the period. Headlands Technologies LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at $26,000. CVA Family Office LLC raised its stake in shares of Hewlett Packard Enterprise by 126.7% during the 2nd quarter. CVA Family Office LLC now owns 1,437 shares of the technology company’s stock worth $29,000 after purchasing an additional 803 shares during the period. Finally, Chilton Capital Management LLC purchased a new position in shares of Hewlett Packard Enterprise in the 3rd quarter worth about $30,000. 80.78% of the stock is owned by institutional investors.

Hewlett Packard Enterprise Price Performance

HPE stock opened at $21.45 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.01 and a debt-to-equity ratio of 0.72. The firm has a market cap of $28.63 billion, a price-to-earnings ratio of -357.44, a PEG ratio of 0.59 and a beta of 1.32. The company’s fifty day simple moving average is $22.92 and its 200 day simple moving average is $22.84. Hewlett Packard Enterprise has a 12-month low of $11.97 and a 12-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, 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 company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.91 billion. During the same quarter in the prior year, the company earned $0.58 EPS. The firm’s revenue for the quarter 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, analysts expect that Hewlett Packard Enterprise will post 1.85 earnings per share for the current year.

Hewlett Packard Enterprise Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, December 19th were paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.7%. This is a positive change from Hewlett Packard Enterprise’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, December 19th. Hewlett Packard Enterprise’s payout ratio is -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.